Why Your Company Should Be Spending Money On Employee Development

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

Is my company wasting money on employee training and development? Answer by Andrew Cohen, CEO at Brainscape.

EMPLOYEE L&D TRADITIONALLY TAKES A “ONE AND DONE” APPROACH

While your brain is an incredibly complex tool and can learn to do just about anything, from juggling oranges to piloting spacecraft, it has FINITE resources, particularly short-term memory resources.

But once the presentation is over or the workshop is drawn to a close, all that really remains are a few empty coffee cups and a lingering fart that Dave from I.T. dropped around the 45-minute mark. Unless you threaten to test your employees on the course material after they’ve been trained, any reference materials are very likely going to end up in recycling or on the bottom of someone’s parrot cage.behind these programs can be critical for advancing workers’ capabilities, skills, and knowledge. But it’s little use investing money in this educationAlso, let’s not forget that, in most cases, employees just want to get the training OVER WITH. They have other things to worry about.

Once again, considering the enormous amounts of money companies spend on employee development, we should be making darn sure these programs actually work. And yet, they don’t. Or, to be more generous: they don’t work nearly as well as they should.Information can’t be referenced once the training is doneNo metrics for gauging employee educationSo, yeah, you probably are wasting your money on employee training and development BUT that’s not to say you shouldn’t bother.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Maui County sues power company, saying utility did not turn off electricity during deadly wildfiresMaui County has sued Hawaiian Electric Company over the fires that devastated Lahaina, saying the utility negligently failed to shut off power despite exceptionally high winds and dry conditions.
Source: chicagotribune - 🏆 8. / 91 Read more »

The Blind Side Movie Company Responds to Michael Oher's ClaimsThe production company behind The Blind Side has chimed in on the recent lawsuit between Michael Oher and the Tuohy family.
Source: comingsoonnet - 🏆 578. / 51 Read more »

Early Apple computer that helped launch $3T company sells at auction for $223,000One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000.
Source: AP - 🏆 728. / 51 Read more »

Early Apple computer that helped launch $3T company sells at auction for $223,000One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000.
Source: wjxt4 - 🏆 246. / 63 Read more »

Early Apple computer that helped launch $3T company sells at auction for $223,000One of the first personal computers built by Apple and signed by company co-founder Steve Wozniak has sold at auction for more than $223,000.
Source: ksatnews - 🏆 442. / 53 Read more »

Early Apple computer that helped launch $3T company sells at auction for $223,000The Apple-1 has been restored to a fully operational state and came with a custom case with a built-in keyboard, according to Boston-based RR Auction.
Source: PhillyDailyNews - 🏆 89. / 67 Read more »