Why is Corporate Training viewed as a Cost and not as an Investment?

Why is Corporate Training viewed as a Cost and not as an Investment?

According to a research, 89% of the Business Giants around the world believe that recent graduates and post graduates lack the necessary skills to perform their job once they are hired by an organization. The wise words of Abraham Lincoln can somehow solve this narrow and steep gap between the employers and employees. He quoted, “Give me six hours to chop down a tree and I will spend the first four sharpening the axe”. Investing in people is a term which is not vouched by some of the corporate magnates. But in the era of Artificial Intelligence, Augmented Reality, and Block chain Technology, if the knowledge of the employees is kept limited to the use of pen and paper methods that are rendered ineffective in the present times, your organization will always be the last in the corporate rat race.

Every Manager needs proficient and highly skilled professionals in their teams but when it comes to the up gradation of their skill sets, cost-cutting strategies come into foresight. Corporate Tycoons expect their organizations to train the employees for the betterment of their teams. However, organizations view training employees as an expense when actually it is an investment. With multiple reasons to invest in training the employees, the company can experience a drastic change in their growth rate. Employees termed as assets can bring more fortune to the company. While it’s the company’s responsibility to train an employee with the recent trends in the market, the onus rests in the hands of the employee to attend such training sessions with a positive outlook and implement such skills during their job.

For some organizations, it’s a usual trend where employees are a no-show when it comes to attending training sessions, be it facing resistance or lack of interest. An intuitive and indulging training session with pragmatic approach backed by immense energy, quick insights, and great methodologies, can ideally change the outlook of such uninterested employees. It additionally boosts the morale of the employees that fall in the ‘interested’ category thus aiding the organizations to measure the ROI of the training sessions. With an organization holding its end of the bargain, when it’s entirely up to the employees to implement the training imparted, on the job, let’s understand how an employee can achieve high standards of output.

– Reinforcing ideas into Behaviors: While implementing a new learning initiative, using reinforcement ideas is the best way to achieve a behavioral change among the employees. Passive learning methodologies are least preferable, but making participants actively engage in the reinforcement progress, inspiring them, and creating an active learning environment definitely helps in bringing a leaner, much more affirmative attitude. A trainer needs to create goals and aims for the participants and eventually invite feedbacks that create a two-way learning process, thereby enabling the reinforcement program to successfully achieve the desired goal.

– Strong Back up for Sustenance: An elaborate training program should be followed by a minimum 60 days plan for sustenance that equips the participants of the training program to accommodate with the current changes and bring about positive results, delivering value to the organization and eventually its clients. While a great program is essential to endow employees with the required skills, with a proper implementation program, organizations can successfully delegate change agents creating a stronger, agile workforce that follows through the commitments while bringing astounding results within the organization.

– Being in touch with the Trainer: While it’s important to attend every training session with a learner’s attitude, creatively learn skills and values required by the organization and proactively implement such imparted skills to bring about a positive change, it’s equally important for an employee/participant to continuously stay in touch with the trainer of the program. Being mentors, such individuals are at a position to guide employees through and while theoretically, they might have passed with flying colors, things might get different when they try to apply practically. Keeping in touch with a trainer definitely helps and always enables such individuals to maintain equilibrium while implementing such qualities on the job. Corporate training programs are essentially designed to equip an organization’s employees’ foster skills much-required to make them better professionals while allowing them to make a difference.

While it’s definitely a business cost, a robust training programme can eventually turn out to become a better investment in the form of skilled employees that enables an organization with the much-required agility to successfully float in a competitive market.

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