You may have seen this post appear on social media recently: \u201cCFO: What happens if we train them and they leave? CEO: What happens if we don\u2019t and they stay?\u201d<\/p>\n
Employees can make or break a company, and smart executives know how to bring out the best in their employees. You can hire someone with strong technical skills, but without ongoing training on new technologies, you\u2019ve limited that person\u2019s ability to become a world-class employee.<\/p>\n
As Jim Collins\u2019 wrote in his book Good to Great<\/em>, \u201cEvery good-to-great company became a pioneer in the application of technology, but the technologies themselves varied greatly.\u201d Training is a differentiating factor. The right training increases your employees\u2019 ability to do great things and also increases ROI on technology spending. What good is buying the latest software and equipment if employees don\u2019t know how to use them effectively and efficiently? And these days, not having employees with cybersecurity expertise<\/a> can lead to data breaches and cost the company millions in terms of stolen data, lost customers, damaged reputation and downtime.<\/p>\n From electronic keycards to computers to smartphones, having a basic understanding of technology tools is important for all employees. Without that knowledge, employees can\u2019t do their jobs properly and frustration ensues. Depending on the job, employees might need a strong foundation in Microsoft Office, including Word and Excel, or Adobe, including Photoshop and InDesign. For the IT department, the range of products and applications constantly being updated or upgraded can seem overwhelming \u2013 from web-related to ERP to JAVA<\/a> to cybersecurity to troubleshooting employees\u2019 computers, tablets and smartphones.<\/p>\n Training can also enhance employee satisfaction. Keeping employees engaged and motivated increases productivity and decreases turnover. According to Deloitte\u2019s Global Human Capital Trends 2016<\/a> report, \u201cIn today\u2019s highly competitive global economy and intensely competitive talent market, the C-suite clearly understands that companies that do not constantly upgrade skills and rapidly build leaders will not be able to execute their business plans.\u201d The report goes on to say that learning opportunities build a strong workplace culture.<\/p>\nTraining Builds a Strong Foundation <\/strong><\/h2>\n
Training Makes Your Employees Better <\/strong><\/h2>\n
Why Pay for Employee Training?<\/strong><\/h2>\n