For many companies, a knee-jerk reaction to the challenges of increasing costs and outside influences has been to shrink, cut, slow, and reduce. Businesses from a range of sectors are shrinking the size of their workforce, cutting services, slowing production, and reducing diversified investment activities.
While it’s important to make these moves to stay in the game, it’s now more important than ever to power up your people. Job cuts and redundancies also affect the remaining employees and overall company culture. Shrinking and tightening the organisation in these ways makes the remaining employees see their position as being “vulnerable”. They go into survival mode and become protective of their patch – creating competition amongst peers rather than collaboration.
Rather than going to ground, now is the time to invest in and grow your people. After all, it’s valued and engaged workers who contribute the most to their employers and its companies that stand out from the crowd and tap into their UQ Power that get the customers.
Training and development is one of the best ways to power up your people. Here’s why:
Invest in your staff and enjoy the benefits - The benefits of developing and training your employees to help them reach their full potential are boundless. Not only will you see participants improve their performance as a result of what they learn you can also make use of action learning projects to solve some longstanding company challenges that might otherwise never have been addressed.
Invest now and reap even more benefits later - We all know business isn’t just about the present – we are forever looking to the future to secure our longevity. By investing in your company culture and employees now, you will expand and improve the quality of your company’s bench strength and have a larger pool of qualified talent when developing the company’s succession plans.
Retain your top talent - Showing you care about the future of your employees by contributing to their development demonstrates to them just how valuable they are to the company. This could help you to retain some of your top talent that you might not otherwise have kept.
Bring performers into the spotlight - By giving your employees the chance to shine in a more forgiving environment, such as a training workshop, you may just start to see them in a different light and find new ways to put their talents to work.
Weed out under performers - You will be able to identify some employees who had seemed to be rising stars, but who fail to perform well in a learning program, which will help the company avoid potentially costly promotional errors.
Reconnect to the business - With the pace of business today it’s easy to lose sight of the big picture. By bringing your executive team on a learning and development journey you will help company executives feel more connected to many parts of the business through their participation in the training.
Power up fast
With less workers to share the load no doubt you’re wondering how you can fit in training programs to up-skill your employees. By using a Bite Sized Learning approach and focusing on your company’s key competencies, you will quickly help employees develop the business acumen and execution skills they will need when they assume new leadership roles.
Rather than spending a lifetime studying degrees and higher qualifications, short bite sized courses gives people the opportunity to update their skills in only a fraction of the time. Ranging from 1.5 – 3 hour workshops, our bite sized workshops are perfect if you’re looking to build upon existing talents or increase motivation.
Drop us a line at http://www.uqpower.com.au/contact-us to find out more about our Bite Sized Learning program.