The Negative Impact of the Lack of Training
Employees are the core resource for every company. A well-trained employee with a good fit job is a valuable asset for every manager. Training enables the employee to gain depth, define purpose beyond the position at the workplace increasing his/her engagement.
Underestimating the value of constant development of talents through training is the biggest mistake that organisations can make. Organisation can see it as a double folded cost rather than investment.
Nowadays, appealing Gen-Z and Millennials talents is crucial for any industry and two of their main drivers are strong development and career progression opportunities. They are eager to be trained and explore new areas.
Let’s have a clear example: a manager hiring a fresh employee from a different nationality. He/she is working on different continent, country, time zones and has a strong autonomy in his/her professional life. He/she is eager to learn more, play a part in company strategy. If clear goals and roles, objectives and vision are not communicated, the employee will disengage and look for other opportunities elsewhere.
Lack of training results to build up to unsatisfied employees, low productivity, high turnover, loss of clients.
Companies investing in training are assuring a competent, motivated workforce which can improve sales, welcome easily innovations, increase commitment thus participating in the development of the business.
For the last few years and boosted by the global lockdown, e-training is a growing trend to train employees. It enables to spare time and money by having an easy training material which they can refer any time.