When was the last time you conducted training or retraining for your employees? Well, as times change, your employees also need to upgrade their skills. Employees are the most important people in your business or industry. They play a huge role in determining the success or fail rate of your operations.
One of the most crucial tasks for any business is to find effective managers. They are the once who make or break the team. While the importance of effective managers is well established, 82% of the business get it wrong. High performing professionals are often promoted to the role of manager. Although an important trait of a good manager, individual performance is not a sufficient parameter to promote an employee to the position of a manager.
Good employee training is becoming more and more crucial at a time when the labor market is tightening, and many skills taught might not even be applicable or needed in the near future. The skills gap is quickly changing due to the rise of digital automation and innovation!
This is likely one of the reasons why, in the 2018 LinkedIn Workplace Learning Report, 94% of employees said that they “would stay at a company longer if it invested in their career.”