YourBusinessWithJamesCaan2016 - 95

TRAINING
XXXX

Back to school

Training is crucial to organisational development and success

WORDS: JADE HARDING | PHOTOGRAPHY: SHUTTERSTOCK

J

ames Caan believes that a business
is nothing without the right people
in place to do the work. 'Whenever you
come across a business that has an
exceptional management team, you
find it generally works very well and
is extremely successful,' he says.
So when you get to the stage when
you are recruiting and you want the
business to grow, then investing in
training your staff could be a wise
and logical move.
Training doesn't always incite a
feeling of elation in the minds of
employers, in part due to the expense
- something that small businesses and
start-ups try to avoid - as well as the
time needed for the taking part.
However, investing in training
within your business is a vital element
for success. In time, you'll find that it
will yield higher profits and will work
towards achieving more ambitious
company goals.

TRAINING OPTIONS

The first step is to set out your
long-term plan to ensure you are
investing in the right training.
Second, you need to decide whether
you want initial education in the form
of a professional course, or if you want
to work on what you already have
by taking a career progression course.
Finally, you need to work out what

training format fits with your work
schedule to ensure you keep the
lack of productivity to a minimum.
Course options include part time,
weekend, full time, in-house, company
specific, online, seminars, outsourced,
practical and video formats. The
most common choice is in-house or
outsourced part-time workshops.

means you can build on a solid
foundation, saving on both time and
money. Employing a multigenerational
team will be beneficial. You can take
experience from one and a more
millennial mindset from another.
Be sure to use what you have. There
is no reason why a talented employee
can't train fellow colleagues in-house.

CREATING A MORE
PRODUCTIVE WORKFORCE

In time, you'll find
that training will
yield higher profits
PICKING THE
RIGHT STUDENTS

Most start-ups and small businesses
are on a budget and putting money
into something has to be worthwhile;
therefore picking the right people to
invest in is vital. Self-motivation is key.
The employee has to want to progress
within the business - making their job
a career - thus ensuring the new skills
will stay within the company.
Starting off with a basic level of
education is also important - this

Investing in training for your
employees can have many positive
results, primarily retention. If your
staff see that you have faith in them
to progress their education, then you
are more likely to hold onto them.
Employees need to feel like they are
moving up throughout their career.
Secondly, if potential employees
see that the business puts time into
their staff, then it will act as an
incentive to work with you and
your company. Planning long-term
succession goals will be easier when
you know what skills you will have
in-house. Knowing your workforce's
potential capability is essential to
making realistic plans.
Finally, training will help with
performance. Giving your staff the
room to grow and become better at
what they do will always help the
overall success of your business.

95



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