Effective training builds revenue

I found this post this morning and thought It was really worthwhile sharing with you all.


There are significant benefits to building a training culture within your organization as well as committing to a long term and consistent training strategy.

Training isn’t about just about core skilling; it’s also about developing people and building a more sustainable, less risk susceptible organisation. Research has identified that not enough businesses are investing in professional development for their staff. A white paper compiled by the recruitment company Hays reveals that only 67 per cent of businesses are dealing with the skills shortage by training existing workers. Just over half of the employers surveyed rated training as the best way to deal with the problem, yet Hays considers professional development a key strategy in the fight.

Most organizations find it easy to cut the training budget. But over time these decisions reduce workforce productivity, and there’s nothing more expensive than employees who do not have the skills to do their…

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About pauldrasmussen
Paul is the winner of the 2013 Leadership in VET Quality Award and the 2013 LearnX Learning Manager of the year award. A Thought Leader and Speaker on Organisational Learning, Professional Development, Motivation, Leadership, Management and Professional Ethics, he speaks widely and has published work on the areas of Learning and Development, Learning ROI, Business, Management, Leadership and Ethics. With Qualifications in Ethics and Bioethics, Organisational Learning and Development, Training, and Business Management and Leadership, Paul has worked in and with a wide range of public, private, government and not for profit organisations. He is currently the National Training Manager for Spectrum Training and the principal consultant with Rasmussen Learning. Specialties: • Organisational Learning and Development • Ethics (Business, Professional and Theoretical) • Learning Management and ROI • Professional Speaking • RTO Management • E-Learning • Management • Leadership • Learning Management Systems

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