Employees are the driving force behind any successful business. So in today’s highly-competitive and complex corporate climate, the implementation of an effective corporate training and employee development program is crucial for any company looking to remain viable. Today, it is widely agreed that employees should attend ongoing and regularly scheduled training sessions to acquire the knowledge and develop the skills they need to create their greatest impact and contributions.
The Benefits of Corporate Training
Corporate training refers to the process of training and educating your workers through a course curriculum and set of activities designed to educate employees through various forms of learning programs. Corporate training serves as a catalyst to success for employees, which can help to ensure the ongoing success of your organization.
Some of the specific benefits you can expect from the implementation of a corporate training program include:
Improved Employee Performance
Effective corporate training helps employees to perform their work more effectively. Programs that include components to guide employees through company best practices, along with the efficient use of available systems and technologies can have a significant and lasting impact.
Decreased Employee Turnover
Offering your employees a structured training program tends to make them feel more valued, and often more engaged. Numerous studies have found that companies that have made an investment in employee development can expect lower turnover, which can impact the return-on-investment (ROI) of your program.
While corporate training can apply to most every part of an organization, one area that can be significantly impacted is in leadership development. Leadership training helps to enhance the skills of managers, and senior level staff and can lead to better decision making. This type of training can also help you identify and prepare your future corporate leaders.
Enhanced Company Reputation
In today’s hiring environment, it is difficult to attract top talent without offering comprehensive training. In fact, those organizations that invest in training and development are far more attractive to ambitious candidates looking to increase their skills and knowledge within their area of work.
The Challenge of Developing Effective Training Courses
While most every company, regardless of size or industry, now agrees that corporate training is crucial for success, many struggle with the development of effective courses to support their training needs. In fact, the development of a single one-hour course can require up to 300 hours of development and cost in excess of $15,000. When you consider the number of courses required for an effective corporate training program, this can quickly become cost-prohibitive for many organizations.
LMS Portals Off-the-Shelf Corporate Training Courses
At LMS Portals, we provide our clients and partners with a cloud-based, multi-tenant Learning Management System (LMS) to support corporate training and employee development programs. Working with our platform, administrators can launch a customized training environment (portal) for each of your unique audiences, including employees, customers, channel partners, and more.
And while our platform includes a robust course development engine that allows you to build customized courses in minutes, we also offer a library of 140+ off-the-shelf courses, covering most every aspect of corporate training and employee development.