Corporate training efforts originate from a host of needs, such as a need to serve internal customers, a rapidly changing customer and/or competitive environment, a need for cost savings, in anticipation of changing needs of an organisation. Corporate training also allows organizations to unite dispersed work forces through standardised best practices and present a knowledgeable, unified face to customers. Empowering employees to be more educated and responsive to customer needs, consequently, increases an organization’s business opportunities. In addition to its ability to affect business opportunities, corporate training also helps organizations address retention issues. In many cases, corporate training adds to the benefit package an organization offers to its employees. It is also a critical aspect of new-hire development, succession management plans, and support to meet performance goals. With these drivers, organizations must train high-potential employees faster. Both attrition and retirement are looming issues for many industries, and the need to train new employees or current employees in new jobs faster and better increases proportionately to number training. In future, learning will be the only source of competitive advantage. By developing the ability of the work force to make quick, creative decisions that align with companies’ strategic values, organizations can strengthen their market positions, tackle current problems, and prepare for future challenges. Ultimately, corporate training is most direct way for an organization to ensure its work force is capable of meeting overarching strategic goals. Not having prepared the employees already in place can curb the potential growth of a business.
A customized Traing programme can be offered that linked to organization goals and targets. Support in the development of leadership and management competencies
All training and MDP involve the following: