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Importance of Up-skilling and Re-skilling

Your employees are the powerhouse behind what you do, so helping them increase their knowledge and improve their professional skills will only boost your business.

INTRODUCTION:
 
The quality of employees and their development through training and development are major factors in determining long-term profitability of any business. If company hires and keeps good employees, it is good policy to invest in their skill development, so that they can increase the productivity.
 
Training is currently a strategic function in many organizations. There is need to train the employees on continuous basis. It is also necessary that training prepares employees, in the shortest possible time, to take over the responsibilities independently. In many organizations training often is considered for new employees only.
 
This perception can become a mistake because ongoing training for current employees helps them to be knowledgeable and adjustable to rapidly changing job requirements.
 
Many researches have shown specific benefits that a business receives from training and developing its employees which mainly include increase in productivity, reduction in employee turnover, increase in efficiency resulting in financial gains, and decrease in need for supervision.
team, hands, success
       
“Employees are the backbone of the organization.”
 
The accomplishments or issues experienced by the  organization are contingent to the performance of its  
employees.  
 
Therefore, it is vital for organizational leaders to recognize the importance of training and development in employee performance and evaluation.
TO SUMMARISE:
 
Training presents a prime opportunity to expand the knowledge base of all employees, but many employers in the current climate find development opportunities expensive.
 
Employees attending training sessions also miss out on work time which may delay the completion of projects. However despite these potential drawbacks, training and development provides both the individual and organisations as a whole with benefits that make the cost and time a worthwhile investment.
 
“Enhanced capabilities, knowledge, and skills are the foundation for the organization’s competitive advantage in today’s global market”

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