HR Training & Development - Time Tested Human Capital Investment

"Doing more with less," "creating improved efficiencies

," "downsizing," "right-sizing," "trimming fat," "curbing expenses," and "streamlining processes" are among the top buzzwords in today's business environment. To many, these are the winning mantra to establish a success culture in the organization for the least budget and the greatest results. Buzzwords and budgeting would remain just formulas if a company does not possess the right work force with the right attitude. To put in action what the organization has as its plan for success workforce needs to be diverse, innovative, insightful and knowledgeable.

It is all too well known that very few companies can claim to have such a workforce. And even if they do possess such resources, it is worthwhile for organizations to take initiatives to ensure these resources constantly evolve to keep abreast with changing business climes. Towards this organizations must offer ongoing training and education initiatives that support its goal achievement.

An article in the New York Times (2002, March 31), titled "Within Companies, Too, Education Proves Its Value" says: "Shares of companies that spend the most on employee training and development outperform those that spend the least, a study found....a company's success depends greatly on the collective skills of its employees-its human capital. Companies that invest more in developing that capital should fare better."

However some businesses see it as a monetary loss and do not like to provide corporate training as they believe that it uses up valuable time, and of course, time equals money. There is also the fear that the person on whom the money was spent training would jump ship to a rival one shortly. But that is a risk worth taking because end of the day, it would be the benefits of training initiatives taken that would make the workforce in your company stand out from those at another.

With this thorough understanding of the market scenario, we at TalentPro India offer custom made corporate training solutions by assessing your current organizational challenges and propose the best needed strategy to develop your most valuable resource - employees.

HR Training & Development - Time Tested Human Capital Investment

By: Manoj Kumar

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