subject training and development debate training as investme

subject- training and development

debate- training as investment

- Training is an operating cost and should be limited to only what is required by law and absolutely necessary.

-gather additional sources in support of your position. take the side that you most agree on of the debate statement.

-the answer should be than one paragraph.

Solution

Many organisations view training as an operating cost in their balance sheets and feel that it should only be limited to what is required by the employment laws and other necessary rules and regulations. Also, that the trainings should be conducted only when it is absolutely necessary. I do not really agree with the given statement and perspective of these organisations regarding the need for training. When we talk about the leading organisations of the world such as P&G, Amazon, Oracle, Facebook, or any other top performing company from any industry, we will find that all of these companies give great importance to their human capital, believes in regularly investing them and understand that a well trained and productive workforce can provide high returns on investment (ROI) for the organisation. The objective of the training provided by these companies is not just to abide by the employment rules but also to enable their employees to grow and update their skills. Training plays a very important role in the orientation of the new employees and to make them aware about the company’s code of conduct, ethics and work policies. It helps the employees, all of whom may be coming from different educational and cultural backgrounds, to mould them into the organisation’s culture.

Training should not only be restricted to newly joined employees but should also be regularly provided to the existing employees as well to keep them updated with the evolving business environment such as technological advancements, changing customer needs and expectations or any other newly introduced company policy and corresponding change in employee’s day-to-day functioning. A well trained and knowledgable employee is a great asset for any organisation as he/she can add huge value to the business by keeping the customers satisfied and meeting their varying needs and wants. A satisfied customer, then, acts as a source of positive word of mouth for the organisation that can further bring more business for the organisation. In organisations such as P&G, all employees of the company irrespective of their position in the organisational hierarchy, have access to world class training programmes where they can groom themselves and update their skill-set according to the evolving business needs. Many successful organisations have mentorship and leadership training programmes where employees are trained well in advance for the future leadership positions that they can take in the company.

Therefore, in order to be successful, organisations must consider training programmes very sincerely. When the employees realise that they are being valued by the organisation and that the organisation wants to invest in growing their skills, they automatically become motivated and encouraged to perform and deliver for their employer. A well structured training and development programme also helps in addressing the weaknesses of employees in key workplace skills and strengthening the skills where an employee needs improvement. For an organisation that is looking forward to standardising the work process, reducing the supervision and increasing the employee productivity must consider planning and implementing a well defined/structured training programme for their employees.