Staff training and development strategy is an organisational strategy that improves the workforce capabilities, skills or competencies to ensure a sustainable and successful organisation.
This strategy sets out the means of developing these capabilities to underpin organisational effectiveness. In reality, many companies,especially small and medium size enterprises,are upgrading their human capabilities at the back burner.
Their focus is to stay afloat in the survival of the fittest in this challenging and mean economic environment.
Yes, it is of the upmost importance that business owners ensure their business are able to cope with the immediate financial challenge where every business identity is faced especially in this rough economic climate.
Long term development against immediate results
In the long run, however, a balance between achieving immediate economical result for the business to survive and maintaining the competitive edge of your business must be achieved.
Many a times, regardless what industry your business is in, there is no running away from people engagement. The quality of the engagement, regardless of technical engagement or non-technical engagement; the engagement of your business partners, customers, clients or suppliers received from your employees are critical for a successful and sustainable business.
That’s made your employees the most important asset your organization possesses. The success or failure of the business depends on how well it is able to extract effective and efficient work from them.
It is important that employees’ skills are developed and honed to bring out the best in them for their own benefit and for the good of the business. Therefore, it is critical for a company to structure an organisation’s staff training and development plan as part of their talent management strategy.
Every job comes with some level of training.
Individuals looking to improve their careers and grow within an industry are constantly looking for new tools to learn and develop along their journey.
Providing those employees with these various tools will help them to thrive within your business and become a valuable member of the team. A key element of an organisation’s staff training and development strategy is to target the long-term development of those identified as exceptionally high-performing or high-potential individuals (known as ‘talent’), who are critical to long-term business success.
This would typically include the use of techniques such as mentoring programmes with leaders, in-house development courses, and project-based learning.
Management responsibility in successful staff training and development strategy
Staff training and development should be spearheaded by the management team and funds should be allotted in the budget.
The budget should include costs for initial training and consistent development over the calendar year. Many outside organizations and seminars can help employees improve in a given field or task. Staff training and development encompasses three main activities: training, education, and development.
- Training: This activity is focused upon the job that an individual currently holds.
- Education: This activity focuses upon the jobs that an individual may potentially hold in the future.
- Development: This activity focuses upon the activities that the organization employing the individual, or that the individual is part of, may partake in the future.
Whether you are a supervisor, a manager, or the business owner, you must have an interest in ensuring that training delivered to employees is effective.
So often employees return from the latest training session and then they return back to business as usual. In many cases, the training is either irrelevant to the organization’s real needs or there is too little connection made between the training and the workplace.
It matters not whether the training is superbly and professionally presented or executed, but the disconnection between the training and the workplace just spells wasted resources, mounting frustration, and a growing cynicism about the benefits of training.
How the management follows up, and connects training of the staff to the workplace is vital for an effective programme.
Important in staff training and development programme
Staff training and development is crucial to your business’s success. Business owners and management teams must spend time and money on staff training and development in order to retain the best employees available.
Business owners and management are able to assess and decide which employees are ready to take on positions of higher authority and responsibility. The chosen employees are then assisted along a further, more advanced development path.
These programmes help these individuals progress further in the organization and bring out the potential talent not just in these individuals, but also in all the employees. Successful staff training and development programme leads to successful talent management strategy, thus resulted in successful business.