Investing in Staff
TRAINING has traditionally been one of the first areas to face the chop when budgets have to be reined in.
But the recent economic downturn has seen some employers buck this trend. They have realised the business benefits of investing in staff to make sure they have a pool of highly-skilled talent ready to respond quickly when things pick up.
A recent survey showed 95% of business decision-makers now match their training to business goals to better measure the results of training spend. Finding an off-the-shelf course which is good value for money but also addresses specific training needs, particularly for those in more specialist arenas, can be difficult.
As a result, many employers are opting for tailored training sessions from smaller providers rather than a one-size-fits-all learning approach.
Boutique training providers have the ability to be flexible in course provision, so the training is more insightful to the needs of the delegates, enriching their learning and ensuring that clients get the most for their money. Commoditised solutions do fit in certain situations, such as large groups requiring basic skills tuition, but a bespoke approach can prove more cost-effective over the long term, as well as being more engaging for employees.
While training is a necessity, it does not have to be a tick-box requirement and, when tailored to those being taught, can be a motivating and career-enhancing aspect of professional development. Mark Bentley is training director at AGR TRACS Training, part of AGR Petroleum Services.