by Susan Jeffery
13 Jun 2019
4 Ways to Better Business Through Learning & Development
Learning and development opportunities are critical in a growing business, but you need to go beyond offering training just to check a box on an HR checklist. Get strategic: a training system can really help your people - and your organization - reach their full potential
Increase performance and retention with onboarding
Start at the beginning: leverage your training system to ensure every employee has the information they need to succeed in their roles. 86% of new hires decide whether to stay or leave within the first 6 months, and successful onboarding means employees are 69% more likely to still be in their jobs after 3 years.
Results – Successful onboarding leads to increased productivity, increased retention and reduced turnover.
Eliminate risks and avoid penalties by ensuring compliance
Use your system to deliver standardized training to all of your employees and track completion for painless reporting. Give employees the knowledge they need to perform their jobs properly – and safely – while minimizing potential risks across the board.
Results – Health and safety regulations are met, employee safety on the job is improved, and business risk is minimized.
Share YOUR organization’s story and goals to reinforce culture
Ensure employees understand the organization’s history and vision, and know how they contribute to your success. Use your training system to create a sense of community; promote your values by showing them in practice, and build engaging training to reinforce them.
Results – A shared culture results in an engaged workforce that truly believes in your organization’s strategic goals.
Stay competitive with professional development
Fill your organization’s skill gaps by offering employees learning opportunities specifically designed to build critical skills and knowledge. Prepare your star performers for advancement with leadership training - filling your talent pipeline and assuring succession.
Results – Developing future leaders from within creates a stable foundation for future growth, at a lower cost than hiring externally.