Why must management consider training as one of its major functions? essay

Some employers think that imparting training or training management is a luxury and is not a necessity for competitive and strategic performance of their organization. They often ask – what if you train an employee, and they leave? But they forget to consider – what if they don’t leave !

Employees are more loyal to companies who care for their personal growth and development, no matter how small or large the organization is. In addition, it is much easier to develop workplace skills instead of trying to cultivate right attitude in employees. An effective training program allows organizations to hire a wider range of employees and then helps develop them over a period of time rather than finding exact talent matches.

Both training and organizational development processes go hand in hand for the success of an organization and its employees. With training management program, companies can give themselves a competitive edge as the business needs, skills requirements, and the complexity of the external environments are rapidly evolving. In addition, training allows personal growth of employees, makes them more effective in their job role, and brings work satisfaction among employees. The well trained staff needs less supervision.

The employee training and development needs should be identified at least once an year and relevant trainings must be imparted to them. However, it is essential to analyze the actual training needs of an organization and its employees at multiple levels. Without the right skills targeted, employees cannot meet their business goals and ineffective learning programs lead to excessive expenditure, frustration and little or no organizational benefit.

Three levels of training management

The training needs can be identified at the following three levels:

Organizational Level: The organizational level training needs refer to skills and competencies that are required by an organization to meet its business objectives and help it grow. Each organization requires a critical bank of core skills for its survival and this becomes an important constituent of the training needs identification process. Often the skill bank is depleted because of attrition, addition of new employees or geographic and functional growth and one should review the skill bank on a periodic basis.

Job Role Level: The job role level training needs refer to skills and competencies that are required by the employees at the team level to perform well. For example, the entire team needs to be trained on a new compliance related process when it is introduced or a new technology that has come up recently. This helps a group of employees to work together at a minimum expected benchmark.

Personal Level: The personal level training needs refer to skills and competencies that are required by an individual to perform well in their job roles. In many cases you may need to train or re-certify employees periodically based on compliance requirements (most often seen in healthcare and financial domains). Further, employee or their managers indicate the training requirements and their career growth plans during the appraisal process. The skill gaps identified during the annual appraisal helps identify specific weaknesses. Each of these can constitute the relevant training programs for the employees.

Once the training needs are identified, how the trainings can be imparted needs to be considered next. Since external trainers are expensive, you may like to accommodate as many employees in one training session as possible, and this will require significant planning and scheduling. On the other hand OJTs (on-the-job-training) or CBTs (Computer based trainings) can be imparted on an as-required basis with more flexible timelines.

While the training is being imparted, it is important to gain the feedback of Trainers, Trainees and managers on a periodic basis. This helps in checking the effectiveness of training program.

The HR Software combines all these requirements together so that trainings can be provided efficiently and training resources can be utilized in an optimum manner. Try Empxtrack Training Management module that allow you to associate skills and competencies with Job Roles, identify appropriate training needs at the time of appraisals, manage internal and external trainings efficiently, use trained employees for internal training and get a continuous real-time feedback on the effectiveness of the imparted trainings. Empxtrack Self Services in conjunction helps you schedule these activities such that they do not conflict with employee paid-time-off and also helps manage the travel and expenses associated with the training processes.

Talent development is vital to sustainable business growth and success. Organizations go through lengthy processes to recruit and onboard qualified and suitable employees, but often the emphasis stops there, with some business leaders disregarding the importance of developing their employees and nurturing their potential. Over the past few years, the world of work has been disrupted, initially and gradually, by the onset of the 4th Industrial Revolution and this disruption was accelerated by the impact of the COVID-19 pandemic.

Throughout these disruptions and transitions, eight megatrends have emerged that are shaping the future of work and impacting how businesses develop and engage with their employees.

Why must management consider training as one of its major functions? essay
Why must management consider training as one of its major functions? essay
 

With the advent of the Fourth Industrial Revolution (4IR), the staggering ramifications of the rapid integration of technological disruption and digital transformation has resulted in many businesses struggling to keep up with rapid innovation in the workplace. This, combined with widening skills gaps, is why actively investing in employee training and development is essential for both the growth of the business and the workforce that propels it. Filling the company’s skills gaps through the upskilling and reskilling of individuals or groups of employees, could be the difference between thriving or barely surviving through any change.

“Lots of companies don’t succeed over time. What do they fundamentally do wrong? They usually miss the future.” 2

– Larry Page, Google co-founder and computer scientist

What is employee development?

Employee training and development are terms often used interchangeably, across sectors, and encompass various employee learning practices. More specifically, employee training involves programs that enable employees to learn precise skills or gain knowledge to improve job performance. Employee development is a process whereby the manager and employee work together to create a development plan. This plan identifies areas to develop or enhance, and ascertains what actions or activities need to be taken to acquire and embed that learning. This development plan is aligned with the organization’s goals and ultimately serves as a template showing skills that the employee requires and how they can go about acquiring them. Now, more than ever, owing to the impact of the 4th Industrial Revolution and the COVID-19 pandemic, learning and development (L&D) in business is taking top priority in the workplace.

One of the biggest challenges faced by business leaders driving the adoption of disruptive technology, is insufficient internal skills when combining technology with technical proficiency. As industries innovate so new technologies emerge, which has a profound impact on education and development. The ability to merge new technology with creative learning methods will ensure that teams learn new skills or reskill dynamically, through a future-oriented approach.

Discover the five skills your team will need by 2025

Read more

The benefits of upskilling or reskilling your team

A changing world means that professional development will need to be constantly pursued and prioritized. Employers play an important role in supporting the acquisition of those skills. In fact, 54 percent of respondents from GetSmarter’s ‘The Future of Work Is Here’ report agree that upskilling or reskilling is the joint responsibility of the business and the employee.3

Here are four reasons why employee training and development is important:

1. Positive employee retention

The hiring and retention of talent can be an ongoing challenge for employers, however one way to retain your staff is by providing them with career development opportunities. Including development program offerings in employment contracts establishes an employee’s sense of value within the company, fostering loyalty and ultimately increasing staff retention. Investing in your staff’s professional development is not only vital for team retention, but learning and development professionals worldwide have reported that they’re observing a stronger appetite for upskilling than ever before.4

More than half the professionals surveyed by GetSmarter in 2020 say they’re either somewhat likely or very likely to change jobs in the next 12 months. Even more notable is that 51% claim they may change job functions or business areas entirely.5

2. Training future leaders

Acquiring leadership talent can start from the initial acquisition, or human resources professionals can select current employees as managerial candidates. Having established leadership development programs ensures that a business is always considering future organizational goals and succession planning by preparing promotable talent.

3. Employee empowerment

Recent research shows that leaders who inspire, ignite people’s imaginations, and mobilize them with a compelling vision are more impactful than managers who simply focus on the bottom line.6

4. Increased workplace engagement

Regular development initiatives can help keep employees motivated, while frequent training programs will also establish regular re-evaluation of employees, skills, and processes. Assessing the current skills and abilities within a team will enable managers to strategically plan targeted development programs that consider any potential skills gaps.

How to create a high-impact employee training plan

Companies that immediately engage in employee growth and potential learning opportunities – from the moment an individual is hired to the moment they leave – will greatly impact future employee performance and dedication.

“The most obvious solution to upping employee retention is creating more effective training and development programs. […] The main issue is that many of these programs aren’t designed with the user, or the employee, in mind.” 7

You can find out more about how to create an executive development plan in this GetSmarter article: How to Create an Executive Development Plan.

Here are four effective strategies for developing workplace talent: 

1. Target soft skills

The latest GetSmarter 2021 report, which focuses on resetting professional careers in a COVID-19 world, found that training for soft skills and enhancing interpersonal (or more human) skills is a key trend for talent development in 2021 and the foreseeable future.8 Driving this is a surge of industry change, automation, and technological advancements. The modern workplace requires adaptable, critical thinkers who can communicate effectively and are aware of their value as well as their areas of development. The GetSmarter Skills Hierarchy enables you to identify individual or group strengths and areas of growth, and can reveal skills gaps in your team that need to be filled.

Build leadership and interpersonal skills

2. Personalize employee development

A few years ago, delivering tailored and sophisticated learning experiences at scale seemed out of reach, but modern talent development technology has made learning personalization a reality.9 Approaching workplace development with a one-size-fits-all mentality is counteractive to a growing, diversified workplace – employees need to be assessed on and acknowledged for their specific skills, technological fluency, and learning approach.

Build employee development skills

3. Emphasize digital learning

Employers need to reduce resistance to learning by engaging talent through the existing platforms they already choose to spend their time on. Agile learning methodologies that focus on speed, flexibility and collaboration are the future of learning and development. This is the approach that will enable leaders to better manage skills gaps by ensuring people are rapidly upskilled or reskilled for the benefit of work and business performance.10

Build digital transformation skills

4. Create a strategic development plan 

According to the World Economic Forum, 50 percent of employees will need to be reskilled by 2025.11 As the skills gap continues to widen, employers need to take the initiative in training employees to reskill and upskill them. The steps involved in creating a development plan begin with establishing business goals. Upskilling and reskilling efforts can sustain and fuel company growth. In planning for future growth, and creating training solutions that target those goals, L&D needs to collaborate with all stakeholders to identify current and future skills gaps.12

Create an employee development plan in just seven steps

Why must management consider training as one of its major functions? essay
Why must management consider training as one of its major functions? essay
 

Regardless of whether a company has existing, functioning training programs, employee development won’t ever be effective if the work environment doesn’t accommodate – and encourage – continuous learning. Organizations need to support a culture of constant development that is able to recognize overall industry change and provide relevant training to overcome the challenges that may arise from such changes.

The benefits and value of training and development act like a domino effect; leaders feel competent and can efficiently influence employee performance; skilled and engaged employees result in high job satisfaction, commitment, and thus retention; workforce improvement and engagement benefits an organization’s overall profit. Despite the type of training and development provided, it needs to align with future workplace skills, support the company’s business objectives, and be delivered in an innovative way that mirrors the digital transformation in the business.

GetSmarter can guide you as your learning partner, and help your organization create a tailored upskilling or reskilling plan to meet your unique industry needs.

Why training is important in organization essay?

Training programs help the management to analyze the employees and their strengths and weaknesses. It helps to rectify the common mistakes made by the employees in a job and to uproot their weaknesses. The success of a company or an organization is always determined by the productivity of the employees.

Why training is important in an organization?

Training and development helps companies gain and retain top talent, increase job satisfaction and morale, improve productivity and earn more profit. Additionally, businesses that have actively interested and dedicated employees see 41 percent lower absenteeism rates, and 17 percent higher productivity.

Why is training so important for effective performance management?

Training can help improve performance management in your workplace. Training gives employees a framework of how their job duties and tasks should be completed, and, most importantly, what their managers are looking for. It centralizes knowledge in the workplace.

Why training is very much important in every employee in the organization explain in your own words?

Providing training and development to employees allows employers to pinpoint the knowledge and skills they want their employees to have. Training and development programs can educate employees about new skills or provide updates on existing skills to enhance productivity.