Whether you are a CEO at the very pinnacle of a company or are just starting out in the world of business, training and development is something that you should be involved in throughout your career.
Even if you think you have mastered all the skills in your particular field, new thinking about ways of doing things is being done all the time.
If you commit yourself to continual development, your business horizons will expand and you will always be in demand.
Some employers think that training gets in the way of other business goals, but if it is seen as a long term investment, the rewards are there to reap for the company as well as the individuals.
Here are just some of the reasons why ongoing training and development is so important for both employers and employees.
#1 Addresses Weakness
Proper training shines a light on any areas of weakness and encourages people to enhance and improve their knowledge.
Development programmes help bring people up to the next level.
If you are a business owner, you will undoubtedly benefit from well-rounded employees who are skilled in various areas.
If you are an employee, you will find yourself with increasing opportunities to progress and develop.
Too many people see weakness as a personal failing rather than an opportunity to improve themselves.
#2 Improves Performance
With the rapid speed at which technology is advancing, even the most well-versed in their particular field are bound to benefit from continual training.
As well as this, if you are more knowledgeable in a particular area, you are likely to be more confident to work independently.
Those who stay at the forefront of cutting-edge change are also more likely to innovate and even spark off change of their own.
As an employer, your employees will be much more beneficial if they are coming up with ideas of their own rather than just following the generally agreed way of doing things.
#3 Personal Satisfaction
Learning new skills or finding that you have significantly improved in a particular area is always a satisfying and rewarding experience.
If you are an employee, you also will feel more valued that your employer is willing to invest in your own development.
If you are an employer, staffs who are satisfied are more likely to stay with your company so you are also investing in the future of your business.
Even if the training is not directly relevant to your field, you never know how ideas can evolve over time.
#4 Stay Engaged
If you have been involved in a particular sector for a long period of time, it is likely that you will become disengaged if you are not finding new ways to stay interested.
Training helps to reignite passion and bring newfound energy to your field.
For employees, you are much more likely to get stuck in a rut unless you make the commitment to continual development.
For employers, you won’t get any added value from employees who are just going through the motions and have lost their passion for their job.
There are a range of training providers out there if you need support with this.
The long term investment you are making in your company will be certainly worth it.
#5 Enhances Reputation
Whether you are an employee or an employer, continual training is a development that can seriously enhance your reputation.
As an employer, your company will look much more attractive if you can show that your business is committed to improving its staff members.
In today’s economy, employees can afford to be more selective so this can be a huge boon for attracting talent.
As an employee, the more skills you have in your locker and the more innovative ideas you are able to bring, the quicker you will be able to advance through the ranks to reach the top of your field.
#6 Encourages Innovation
Clients are attracted to businesses that are innovative and forward-thinking.
If you have invested in the training and development of your staff members, you are more likely to have a wide pool of ideas to draw upon.
Similarly, clients respond well when they are speaking to people who are knowledgeable and resourceful.
As an employee, if you have invested in your own personal development, you are more likely to be able to pitch the type of ideas that top employers are looking for.
Continuous training is something that should be at the forefront of your mind whether you are an employee or an employer and no matter how many years you have been involved in your field.