You're wasting SO much money on Team Trainings. Don't believe me, the data speaks for itself...
Not something you'd expect to hear from the Founder of a training organisation, right?
The shame of it is that it is the honest to God truth.
Choose your statistic:
75% of 1,500 managers surveyed from across 50 organizations were dissatisfied with their company’s Learning & Development (L&D) function
70% of employees report that they don’t have mastery of the skills needed to do their jobs
Only 12% of employees apply new skills learned in L&D programs to their jobs
Only 25% of respondents to a recent McKinsey survey believe that training measurably improved performance.
And there's more where that came from. It's no wonder that many of you as HR Leaders elect to take training in-house. You don't want to see the statistics on those trainings.
But having an external partner, a specialist in boosting the impact, morale, retention, bottom-line, heck everything can be the Oxygen your company needs to truly thrive.
So what's going wrong?
Well, given the fact that:
70% of employees would be somewhat likely to leave their current job to work for an organization known for investing in employee development and learning.
34% of employees who left their previous job were motivated to do so by more career development opportunities.
86% of millennials would be kept from leaving their current position if training and development were offered by their employer.
Over 70% of high-retention-risk employees will leave their company in order to advance their career.
Retention rates rise 30-50% for companies with strong learning cultures....
Quite a lot.
Poor training is making your company bleed, from salary slippage (link below) to turnover, inefficiency and simply, paying for support that doesn't hit the mark.
We believe we understand the problem. Firstly, you've GOT to stop hiring companies that want to pedal you off-the-shelf trainings. Nothing about you, your organisation or your people is off-the-shelf. You're worth more than that, and honestly, off the shelf is just a euphemism (in our industry at least) for high profit turnover services.
Choose a company that leads with the highest quality output, not one that works for the highest profit margins.
Secondly, if you're going to invest, do it properly. 'Big' companies sell you template trainings for medium to big money.
Small companies charge you scraps and don't necessarily give you the highest quality, but they're cheap and can give you time, that's an edge.
Consider your ROI - no matter what you spend, your ROI is what's important. What is going to deliver you the strongest, longest-lasting results?
We always deliver bespoke trainings that guarantee results. We could explain how, but that's better saved for a conversation.
In the mean time, don't get ripped off.
https://lnkd.in/epWcMvHj