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Who in their right mind would actually spend money on computer training right now in this economy of woes, where at every turn it appears we are sinking lower and lower into a morass of despair? Good question! The answer is those businesses who value survival, and who plan to not only survive but thrive in the months ahead. Let's take a deeper look at this question. Keep Your Top People Sharp The number one reason is so that you don't lose your investment in your top people. The success or failure of your business depends on these key players, and when their skill sets begins to stagnate, you feel it in the bottom line. The absolute best reason to continue training your top workers is to ensure you continue to get top performance--an even more important factor in troubled times! Keep Your Top People Happy Top workers know what they are worth. When they see you cutting back on your investment in them, they feel it and may not perform at the same level as they used to do. Worse yet, they may be looking for firms that actively demonstrate that they value and appreciate them, and you could even end up losing them. What about the rest of the workforce? Do they deserve your investment in training them as well? Well, that depends on whether you want to succeed or not! I realize that sounds like a flippant answer, and I understand the necessity for financial triage. Sometimes you will spend your training dollars only on your top performers. However, your top performers do not comprise the majority of your workforce. In fact you probably have the classic ratio of 80% of your business is accomplished by 20% of your workforce, so it makes sense to invest in your top 20%. But what about the other 80%? It stands to reason that this 80% is even needier of training and development than the top 20%. Why these workers comprise the 80% to begin with is the subject of another discussion, but suffice it to say there are myriad reasons why the bulk of your workforce is not comprised of top performers. Just don't let lack of skills be one of them. Get Great Deals on Training You can obtain high quality training for even less these days. Training companies are hurting too, so they are more than willing to work with you to get you even better deals than in a thriving economy. It's win-win. Be Ready When the Economy Does Turn Around If you aren't regularly investing in your people, when the economy does turn around you will be left with workers with a stale skill set. Instead of hitting the ground running and taking advantage of new opportunities when they arise, you will be backpedalling and trying desperately to get people up to snuff in a hurry. Conclusion When it comes down to the bottom line, both logically and financially, it only makes sense to continue to invest in your workforce. In the end you will have a more productive, efficient and capable group, better able to help you weather the financial storms brewing on Wall Street. (c) 2009 Michael J. Phillips
Article Source: http://www.articlesarticles.net
Michael J. Phillips is a technology and management consultant in Orange County, CA with over 16 years of experience. Get more info-packed computer training articles at his website pctrainingexperts.com.
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