“Tell me and I forget, teach me and I may remember, involve me and I learn.”
It is hard to believe that so many of today’s organizations still do not see the ultimate potential that training and development can have on the success of a business. Training can impact motivation, employee performance, and can contribute to new development, production, and business growth. Imagine if your company were to produce the best new product on the market, however no one ever took the time to train employees or customers how to use that product. Your business might lose out on substantial profit because of this misstep.
In order to stay competitive in today’s market, organizations must realize that “Training is not a luxury; it is a necessity if companies are to participate in the global and electronic marketplaces by offering high quality products and services” (Noe, 2013). Many companies believe that training must be time-consuming and costly in order to be effective, however this is not always the case. Simply incorporating informal training such as employee mentoring, a company blog, or on-the-job training can offer benefits that will support the business strategy, including hiring and retaining productive employees. The essential goal of training and development is learning, and learning can be achieved in a multitude of ways with a little time, motivation, and creativity! References: Noe, R. A. (2013). Employee training and development (6th ed.). New York, NY: McGraw-Hill.