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Bob Gourley

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Revamping Your Training Process: How to Do It Effectively

Many companies these days have customized training programs. These programs, also known as corporate training, teach employees new skills and employ the expertise of training consultants to do so. Some companies will have training companies come in and work with employees, while others will do such work in-house. Regardless of the structure, nearly all companies could do with a revitalization of their corporate training program.

Profit margins are getting thinner

Despite the expansion of the economy, many employers are finding it hard to maintain profit margins in an increasingly competitive market. Hiring new talent is necessary for a business to grow, but costs money.

Placing more emphasis on the program

Arguably the easiest and most important way a company can revise its training program is to simply place more emphasis on it. Many corporate training programs are under-utilized and under-funded. This can be solved by diverting money to the program and planning more training events. Managers may be reluctant to put more money into a division that does not directly make the company money, but a good manager will know that the indirect financial benefits of a properly functioning corporate training program are enormous.

Larger firms and their search for candidates

The search for candidates in and of itself can be expensive. Larger companies will often hire headhunters, who are recruiters that work to find the best candidate for the job. These specialists tend to be very effective, but cost a large amount of money.

Small firms and their search for candidates

Smaller companies tend to undertake job searches themselves. This saves them money (or so it seems). While they do not have to pay headhunters, they spend large amounts of man-hours on searching through candidates, reading resumes, and interviewing prospects. In some cases, this can effectively cost the company more than a recruiter’s fee.

You can teach an old dog new tricks

One excellent reason for a company to revise its existing training program or start such a program is that they can train existing employees to do new tasks. This saves the company the considerable time and cost of a search to fill a position, and it can increase employee engagement when employees realize that they are receiving more trust and responsibility from the company. Of course, training existing employees instead of hiring new ones saves the company the considerable expense of paying a new hire’s salary. It is also important to note that a new hire will take time to become proficient at his job and assimilate into the corporate culture.

Keeping training techniques contemporary

Another common area of focus for companies looking to revamp their training program is the training techniques themselves. Corporate training techniques have come a long way in the past few decades. This is due to both advances in psychology and technology. Updating training techniques can be the difference between holding on to great employees and losing them.
The impact of psychological breakthroughs

Advances in psychology have changed the face of corporate training technique forever. Psychologists have discovered many of the building blocks of motivation and desire. A better understanding of these fundamental forces has improved the effectiveness of all contemporary corporate training. Therefore, it is worth it for a company to update their techniques as soon as possible.

The impact of technological breakthroughs

Advances in technology have had an even bigger effect on corporate training than psychology’s breakthroughs. The corporate training field really came into its own during the 1970s and 1980s, before the widespread use of computers. Now that computers are in every office, their usage in corporate training is ubiquitous. Some corporate training is even done by computer using video chat services. Computers are also helpful in ensuring that the gains achieved by corporate training are permanent. Employees can write notes during the training and save them on their desktops for future reference. Also, employers can monitor the work of their employees to ensure that they are following their training.

Two companies with excellent corporate training programs

Many large companies have great training programs, but two stand out. Apple is one of these. The other is their great rival Google. These two companies both started around the time that corporate training was becoming popular.

Apple started using corporate training techniques in the 1980s, just when they became popular. Their programs have always been very successful, and remain so to this day. Their success can be credited to Apple's focus on continually updating them to account for changing market conditions.

Google has also had great success with corporate training. Their success rests on Google's unmatched use of technology in the programs. Unlike Apple, Google develops hardware and software directly for their training programs.

 

About The Author:
Brig Patten writes in the business and tech spaces. He's a fan of podcasts, bokeh and smooth jazz. His time is mostly spent learning the piano and watching his Golden Retriever Julian chase a stick.

The post Revamping Your Training Process: How to Do It Effectively appeared first on CTOvision.com.

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Bob Gourley writes on enterprise IT. He is a founder and partner at Cognitio Corp and publsher of CTOvision.com