Transcript:
Good Morning Mr. Doubtful,
I understand that you do not believe that training is important, complicated, or even necessary. One effect of the current world economy is an increasingly competitive business market. This new competitive environment requires businesses to obtain and retain highly skilled and motivated workers. And the only way you get these kinds of workers is to train them.
That said, training isn’t always the solution to performance issues, and even when training is a good solution, it is rarely sufficient by itself (Stolovitch & Keeps, 2004). Training needs to be supported by appropriate guidance, feedback, incentives and resources (Stolovitch).
A study of 500 publicly-traded companies showed that those who invested more in training had a higher shareholder return (Bassi, Ludwig, McMurrer & Van Buren, 2000). Ddespite the need for high-level skills in today’s job market, many job applicants lack those necessary skills, surveys of employers report that high school graduates are deficient in problem solving/critical thinking, and they lack in written and oral communication skills, and have a poor work ethics. Because retaining good skilled workers is critical, it is also critical to have a strategic training program that helps support employee retention. In studies employees report that the degree, to which they are engaged at work, is directly impacted by the frequency, quality and number of workplace learning opportunities. The study also showed increased loyalty and productivity among employees. (Vance, 2006).
So with this said why don’t we have a seat and look at the performance issues you feel need to be improved and see if we can design the most effective solution which will result in a return on your investment.
References
Stolovitch, H., & Keeps, E. (2004). Training Ain't Performance. Alexandria , VA : ASTD.
Bassi, L. & McMurrer, D. (2007). Maximizing your return on people. Harvard Business Review, 85(3), pg. 115-123. Retrieved from http://web.ebscohost.com.ezp.waldenulibrary.org/
Noe, R. A. (2010). Employee training and development (5th ed.).
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Week One Elevator speech