Importance of Training and Development In An Organization

Importance of Training and Development In An Organization

Training and Development

Training is a key part of developing your workforce, and it’s one of the most important things you can do to keep your employees engaged and happy. Training is an investment that can be made to increase the skills and knowledge of employees. The benefits of such investments are numerous, including increased productivity, better performance, and higher morale.

Here are other examples of why training and development is important:

Prepares them for their roles

When you train your employees, they develop new skills that will help them in their current roles and prepare them for future jobs. And when they’re feeling confident in their abilities, they’ll be more motivated to come up with new ideas to take on bigger challenges.

Improve Retention Rate

The benefits of training don’t stop there—training also helps improve employee retention rates. Employees who are satisfied with their work often stay longer than those who are not engaged or happy with their work.

Keep employees up-to-date

Training and development is a way for organizations to keep their employees’ skills up-to-date with the latest trends in the industry. They also help individuals realize their potential and improve their performance.

Tackle Shortcoming

The training and development process is not only about gaining new knowledge but also about developing skills that an individual may not have been aware of. It helps them identify their shortcomings and work on them to improve themselves.

Training programs are not just for new hires, but also for existing employees who want to acquire new skills or sharpen old ones. Training should be seen as an investment that yields a return in the form of increased productivity and higher morale among employees.

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* Leads Resources can assist you in developing a program to help you re-evaluate your vendor relationships. Contact our team for more information.

HR Trends for 2022: Future of Human Resource Management

HR Trends for 2022: Future of Human Resource Management

HR Trends

Are you keeping up with rapid changes happening in the Human Resource Industry?

HR is the backbone of any organization. They are responsible for recruiting, training, and retaining talent in order to achieve organizational goals. The future of HR is all about how organizations can deal with the changing workforce demographics and how they can provide a great experience for their employees.

With the recent pandemic, HR trends in 2022 will be different from what we have seen in the past decade. The future workforce will be more diverse, more mobile, and more educated and there will be a greater need for HR to meet these needs.

In order to attract top talent, organizations should invest in their physical spaces as well as offer a great work-life balance. Here are top 8 HR trends you should consider in your organization’s strategy.

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* Leads Resources can assist you in developing a program to help you re-evaluate your vendor relationships. Contact our team for more information.

The Big Reset

The Big Reset

The Big Reset

“It will become worse before it gets better”, Mr. Josh Bersin mentioned in his article. In the midst of the crisis, we are also going through a BIG RESET.

1. Reset of Work – the majority are transitioned to working from home
2. Reset of Budget – the recession is inevitable; an opportunity to reduce bureaucracy
3. Reset of Leadership – leaders should display empathy and compassion
4. Reset in trust:

Elements of Trust

a. Ethics – do what is supposed to be done
b. Confidence – it has to work
c. Voice – the culture of listening and understanding

5. Reset of Human Resources – operate in an agile way

We are LEADS-R Training Services (a.k.a LEADS Resources), a training and consulting provider in the area of Leadership & Management, Human Resources, Business Processes & Supply Chain. Please visit our website to know more about the training we offer at https://leadsresources.com/trainings.

Full article source: joshbersin.com

7 Questions to Ask About Your Organization’s Readiness for This Virus Crisis

7 Questions to Ask About Your Organization’s Readiness for This Virus Crisis

Organization Readiness

Businesses need to have remedial measures in place even before a crisis or disaster happens. A perfect example is a fire extinguisher- we purchase one but blatantly wish not to have use for it. Until one day, a fire breaks out, and we become thankful for having a device that extinguishes it. How many times has your organization gone into fire-fighting mode when a crisis arises and everyone scrambles for corrective measures? Only then do we come up with pre-emptive solutions to minimize the negative effect(s) of such a crisis, at the very instance such may strike again. This Coronavirus crisis has set the business and economic world stunned and unprepared. Its economic effect may last longer than we had hoped for. Here are some questions to ask if your organization is ready to face this crisis.

LEADS helps organizations grow and deliver value through our network of experts, providing curated training and advice.

ORIGINAL ARTICLE: imd.org

4 Disciplines of Execution

4 Disciplines of Execution

Organization Discipline

Have you ever gotten into the rut of your daily grind and have lost sight of the WILDLY IMPORTANT GOALS (WIGs)? As managers and stewards for the organization we “keep”, we oftentimes get so immersed in the mire of our daily chores and tend to divert our focus from the very objective the organization we serve aims to achieve.

Learn how to make the hard choices that separate the WILDLY IMPORTANT things from the many other merely important goals. Learn and relearn how to acquire the:

    • DISCIPLINE OF FOCUS
    • DISCIPLINE OF LEVERAGE
    • DISCIPLINE OF ENGAGEMENT
    • DISCIPLINE OF ACCOUNTABILITY

We are LEADS-R Training Services (a.k.a LEADS Resources), a training and consulting provider in the area of Leadership & Management, Human Resources, Business Processes & Supply Chain. Please visit our website to know more about the training we offer at https://leadsresources.com/trainings.

Original Article: readingraphics.com

Understanding the Economic Shock amidst Covid19 Pandemic

Understanding the Economic Shock amidst Covid19 Pandemic

Economic Shock

Bouncing back from any crisis is not just difficult, it is almost impossible. It may sound like a cliché to most, but this Covid-19 crisis has served as the “Reset” button in all facets of societal life. A few weeks back, this did not seem imaginable or even have an appearance of truth or reason behind it. Hardest hit area within the business environment was its supply chain.

The shock of this reset will have a large impact by the virus’ capacity to damage economies’ supply side. This leads us to two questions:

  • What is the mechanism for damage to the supply side?
  • What is the policy response to prevent such damage?

We are LEADS Resources, a training and consulting provider in the area of Leadership & Management, Human Resources, Business processes & Supply Chain. Check out our website for more information on Supply Chain Management at https://leadsresources.com/.

Original Article : hbr.org