Illustrating a training and development session.

Why your business needs training and development

Investing time and money in training and development may not be on the top of your priority list. And if that’s the case, you’re not alone!

According a to CIPD survey, only one in three organisations bother with a clear training and development plan for employees. They generally see it as something that’s only required for new starters.

But training and development helps drive your business forward. Investing in learning and development increases a company’s growth by 59%. And another study says that profitability is boosted by 11% when a company uses quality development and training.

Training and development is essential for every member of your team. By embracing a clear strategy in learning and development, it helps reduce employee turnover through flight risk. According to a study by US firm Glint, ongoing training and development helps define an exceptional work environment. This approach helps retain staff.

And it also increases return on investment, as your employees feel like they are part of a team.

The differences

Although the two words are often used together, but there is a difference between learning and development.

  • Training: This is a process that companies use to teach employees the skills they need for their current role. It also focuses on specific areas of knowledge that are needed by employees to fulfil their daily tasks.
  • Development: This focuses on the career progression of all employees. Development activities are based on each person’s individual career goal. It also helps develop areas of where they can improve on before taking the next step in their career.

HR training and development

Human resources, or HR, is more than simply about recruitment or pay reviews. Nowadays, it plays a significant role in the development of a positive business culture. It also helps improve employee engagement.

SMEs should not overlook HR, as it’s not just a role for multinational companies. Managing staff takes time, something few business owners have spare. And it requires special skills, which an employer is unlikely to have unless they have been trained in HR.

But that doesn’t mean you should turn a blind eye to HR. If you want to understand more, we offer a brief training session that looks at the importance of HR and employment law risks for your business ensure your business is protected.

And anyone who directly or indirectly involved in HR would benefit from our modular training programme. ‘HR for Direct Managers’ is perfect for office managers, team leaders and line managers. This covers everything from the latest legal issues to recruitment, managing sickness and dealing with conflict and discipline.

Why you need HR training

HR never stands still. Staying up to date with best practices and workplace policies is essential. Regular training helps increase awareness, knowledge and skills and you will learn practical strategies to put into practice in your business.

Workshops are also a great way to start conversations as well as upskilling your managers. All this investment improves your team’s performance and productivity. It also helps engage your team members and makes them feel a key part of your business.

Personal development and leadership

Great leadership is critical for any organisation to succeed and can double your company’s profits. It also promotes a positive company culture. And as 46% of job seekers consider corporate culture as an important factor in deciding whether to accept a job offer, it’s important to get leadership right. Especially as it can contribute to revenue increases of up to 33%!

Leading a business is a skill that requires constant development. We offer a range of leadership workshops that develop you to become a more efficient and effective leader. Our leadership programmes help those who really understand the importance of their role in driving a business.

And we also offer a bespoke development programme as well as discovery workshop for your team. This helps them create a positive and hard-working team for every function of your business.

What do I need to do?

If you are a business leader or a member of team, training and development is essential. If you would like to know more about our HR, team and training workshops, contact us today for chat about your needs.