Currently browsing "Training and Development"
Training and development simply have an outsized impact on business bottom-line. Skimp on training and development and pay the ultimate price. Invest in training and development and reap the benefits.
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Retaining Low-Wage Workers
Low-wage workers, typically concentrated in the service industry (e.g., in fast food and retail positions), have the lowest retention rates of all American workers. Fast food workers, of all ages, have a particularly low retention rate, reporting on average 2.2 years with their current employer. But is the low retention of low-wage workers a problem […]
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Zappos Zaps its Hierarchy
Zappos, one of the largest online shoe and clothing retailers in the world, recently undertook a radical reorganization. It completely zapped its traditional organizational hierarchy in favor of a radically flat structure called a holacracy. Holy hierarchy, Batman, no bosses? That’s right, there is no “leader” per se (though you can bet that for external […]
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When Promoting from Within Fails
There’s a surprisingly strong business case for promoting from within. Studies have shown that external hires cost more while at the same deliver fewer results in terms of performance. External hires are also more likely to either be laid off or leave the job by choice. Internal hires already know the culture and how things […]
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Training for Analytical Skills
There’s a significant gap in analytical skills facing the global economy that holds companies back from making the most of big data in every context, including learning, training, and development efforts. In 2011, McKinsey estimated that the United States alone needed at least 1.5 million more workers capable not only of analyzing big data, but […]
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Coaching vs. Mentoring: Which One is More Important?
According to the Robert Walters 2013 Employee Insights Survey 83% of nearly 10,000 survey respondents said they would benefit from mentoring, but only 29% work for companies that offer any mentoring programs. Coaching fares somewhat better, with nearly half of all companies making use of coaching, although typically only for midlevel and senior staff. Only […]
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Lessons from Some of America’s Most Loved Companies
In our previous post we discussed something making news headlines in a big way right now – the fact that Time Warner Cable has been named as America’s most hated company.
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The Role of Training in Time Warner Cable’s Newest Dishonorable Ranking
Time Warner Cable has struck again – the company has been named as the number one most hated brand in the United States. That’s right – of all the companies in the country, Americans have the strongest level of hatred for TWC, at least according to the results of a newly released survey from The […]
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How to Create Effective Virtual Teams
A 2012 survey conducted by the Society for Human Resource Management (SHRM) revealed that nearly half (46%) of all organizations make use of virtual teams (source). That percentage ratchets up among global companies (66%) and down among domestic-only companies (28%). The same survey shows that among organizations who make use of virtual teams, 51% note […]
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Being Proactive Through Training: Tips for Developing and Implementing Cross-Training
This past fall, Forbes contributor Chris Cancialosi wrote an interesting piece entitled Cross-Training: Your Best Defense Against Indispensable Employees.” Be proactive and learn the proper tips for developing cross-training.
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Spotlighting Global Companies Offering Personal Development Options to Employees
Corporate training is more robust, comprehensive and widely studied than ever before. It’s looked at as the best way to address talent gaps and shortages, while remaining competitive. Corporate training is no longer seen as a necessary evil new hires must undergo – it’s instead seen as a way for companies to engage employees, develop […]
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The Role of Training in Providing Value-Based Healthcare
Undoubtedly the healthcare industry as a whole has undergone significant changes and transformations in the past decade, from the number of patients seeking treatment to the type of treatments available, and of course there have also been shifts in how insurance has handled.
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A Look at Why P&G Earns Consistently High Marks for Leadership Development
Proctor & Gamble, also more commonly known as P&G, isn’t just a global powerhouse—it’s a company consistently recognized for the ability to develop leaders from within. Get smart and help your employees become leaders in your organization.
