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Four good reasons for establishing Training and Development Plans – Spring has arrived – a great time of year to look at the strategic planning that lies ahead!

Training and Development plans are possibly an even more important flow on from performance management than remuneration reviews.

Training and Development plans are possibly an even more important flow on from performance management than remuneration reviews.

Four good reasons for establishing Training and Development Plans – Recently we’ve been discussing performance management and how this relates to remuneration, and to an employee engagement and contribution to business. As your business grows, it becomes increasingly more about the people you employ, the business intelligence you have installed to guide them – and the training and leadership skills you have introduced to increase skill and knowledge.

Training and Development plans are possibly an even more important flow on from performance management than remuneration reviews. People love feedback – and training gives an employee a feeling of worth – and an increased level of engagement in your business.

Believing in people and committing to developing them increases job satisfaction, increases engagement and increases individual contribution.

Training, however, is not a panacea for all the benefits mentioned above. As the owner and manager of the business, it is up to you to establish an understanding of the expected outcome.

With this in mind, I have put together a form for employees to complete before, during and after a course of training. They also must report into their manager with the new initiatives they will undertake and hold accountability for future outcomes.

Communicating clearly your expected outcome from training with employees prior to the training taking place WILL improve the future running of your business

An underlying benefit of introducing Training and Development within your business is that people will start to see the future, and will proactively assist you in shaping it – you empower  your team – enabling you to ‘direct more than you effect’, which in turn delivers a more profound growth within your business – it’s all good news!

Integrating employee Training and Development plans along with key performance indicators (kpi) oriented goals and measurements WILL have a positive impact on HR in terms of employee retention. It instils commitment and loyalty within the team – which in itself becomes increasingly dynamic.

Outside of employee education and improved retention, an often overlooked aspect of succession planning is also a significant benefit. No staff member should leave a gaping hole in the business when they are absent. Cross training to have overlapping key skills provides you with sufficient skill cover for holidays, sickness and resignation – without you needing to step back in.

Cross training of key or important skills delivers flexibility and efficiency within your business. Training & Development Plans allow for full cover of key skills in the event of sickness or absence.

So, is Training and Development planning worth the investment?

YES!!! Absolutely, but as the owner of the business, you must ensure that all are accountable for implementing positive progress toward KPIs as a direct result of the training plan.

So, in closing – consider this quote: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is MOST ADAPTABLE TO CHANGE” Unknown Author.

If you are ready to take this very important step toward your future business, let us help you apply the method to the madness with our experience and guidance in HR Strategy.

Tanya Gray - HR ConsultantFor more information on the path forward to a more productive, positive, motivated team, ready to take your business to the level beyond the next, call me today or email tanya@consultinghq.co.nz should that suit you better!

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Tanya Gray
Phone 092803977
Email: tanya@consultinghq.co.nz

 

 

 

 

 

Book a complimentary 15 minute consultation now with our Director, Tanya Gray.