The #1 Influence On Our Organizations – Training

The amount of training the people in an organization receive can be directly correlated with the efficiency, effectiveness, and team concept of the organization.  Researchers at University of Pennsylvania found that spending 10 percent of a company’s revenue on capital improvements increased productivity by 3.9 percent. But investing that same amount in developing the employee capital more than doubles that amount, to a whopping 8.5 percent (1).  The importance placed on training an organizations people is a strategic mindset often overlooked in stressed financial conditions.

The video below is one example of the need to make training #1 in fire service organizations.

[youtube=http://www.youtube.com/watch?feature=player_embedded&v=HfMZxEwUuUI]

Pass it on!

(1) Keiningham, Timothy & Aksoy, Lerzan.  (2009).  Why managers should care about employee loyalty.  Business Know-How.  Retrieved from http://www.businessknowhow.com/manage/loyalemployees.htm