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Thinkreferrals Business Community aka TRBN ThinkBlog – An insight into the Minds and Hearts of Entrepreneurs » Blog Archive » Training vs. Learning – Your Profit is at Risk

Training vs. Learning – Your Profit is at Risk

Posted on Sunday January 10th 2010
Filed under: Business By Business Networking, I have written 132 posts - Click here to visit my Website

 

Poor performance can be fixed by providing training!

Do you agree or disagree?

It depends greatly on whether the employees taking the training are actually learning anything or not. I personally have taken many training seminars that were very motivational but shortly after leaving the seminar I quickly returned to the “old habits” that the training was supposed to help me correct.

Training does not guarantee that learning is occurring and if learning is not occurring then your profit is at risk.

The question is simply – how do I ensure that any training I provide my employees translates into genuine learning that contributes to my bottom line?

  1. Make sure any training programs you consider require the students (employees) to demonstrate that they have the ability to apply what they have learned. At the graduate and under-graduate level this is accomplished by testing students.
  2. Stephen Covey maintains that unless you can teach someone else what you have learned you really haven’t learned anything at all.

Don’t be lured into the trap of training for training’s sake. If you are going to spend your hard earned profit on training make sure that there are systems in place to guarantee that learning occurs. Also make sure that you have created a return on investment model to measure the impact the training has had on your bottom line.

Until next time good health, good business, and good day!

Article Tags :: profit | risk | training | Value

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