Importance of corporate training for organizational development and growth

Importance of corporate training for organizational development and growth

Corporate training program has evolved over the years and these days it is popularly known as workplace learning. It is a system of activities and training programs that help employees learn new skills or sharpen their existing skills. Often, employees don’t understand the need of corporate training programs because they are redundant in nature. It is the responsibility of the leaders to ensure that the corporate training programs are relevant, up-to-date, and provide adequate knowledge that can be turned into practical learning.

Each organization has different values, mission, and vision. It is important that the training programs are aligned with the objectives and goals of your organization for greater success. Well-structured L&D programs build the desired knowledge and skills of employees.

What makes a good corporate training program?

There are a few things that are standard in a robust training program, no matter what the company size is, industry, demographics, and geographical location. These include –

  • Relevancy and need
  • Alignment
  • Inputs from the manager
  • Being oriented towards goals
  • Creativity
  • Post-training

Objectives of corporate training program:

Listed below are the 3 most common objectives of corporate training program:

  1. Career and personal development

One of the most important objectives of corporate training program is to help employees in their current roles and prepare for future endeavors. The training topics can be targeted to a specific industry or domain or be general for overall development of employees.

Here’s how these training programs are helpful –

  • Provide employees with career growth opportunities
  • Help upskill or maintain knowledge of current job
  • Develop soft skills and enhance life skills for personal growth
  1. Onboarding: new employees or new roles

Corporate training program for onboarding of new employees are often overlooked by organizations, but these are important. It is a fact that new employees take some time to understand the whole scenario of your organization and get their creative juices flowing.

With a good onboarding process the emotional rollercoaster experienced by new hires is managed, the employee turnover cost is reduced, and productivity is also increased. A well-structured corporate training program for new hires is the need of the hour.

  1. Mandatory training

Some companies have training programs that are implement from time to time to educate the entire workforce on general topics like anger management, time management, relationship skills building, customer service training etc.

The good thing about this kind of training is that it is repetitive which means employees get to brush up their knowledge every time. The trainer can also add new points and examples to ensure that the module is not redundant or boring. These kinds of programs include updating employees on new policies and regulations, discussing health and safety at workplace, building organizational culture, honoring diversity, explaining workplace etiquettes etc.

Types of corporate training programs

Whatever mode or medium you choose to deliver training, the primary aim should be to make it interactive and interesting. Here are the most common types –

  1. Face-to-face training

  • Traditional

This type of corporate training program involves the trainer being physically present during the sessions and sharing knowledge face-to-face with the participants.

  • Interactive

This kind of training is like classroom setting, but with smaller groups. It is highly beneficial and targeted that’s why shows effective results.

  1. On job training

On job corporate training program is about practical understanding and doesn’t involve any theory. Employees get hands-on experience and learn from day-to-day situations and their mistakes.

  1. Online training

Online training is a form of distance learning and is gaining a lot of popularity. With this training module, employees can find their own pace and time to learn and polish skills.

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