Imagine it’s the start of the new year and you’re looking for ways to tighten up the budget and improve efficiency. You find yourself considering employee training. How can you make it worth the time and effort? How can you determine what you will get out of it?
You might think training your employees too well is just preparing them for a new job somewhere else. It’s an understandable concern. The last thing you want to do is pour all those resources into them only to have them leave in a year or two.
But consider the alternative: you have a roster of employees who have only the minimum credentials to do the job. They’re not growing or developing. None of them are ready for promotion, nor will they be anytime soon. You’re always on the lookout for new people to hire into the leadership roles your employees can’t fill, yet when they ask about things like opportunity for advancement or career growth, you don’t have anything to offer.