Being entrusted to manage your own team is a great achievement. Especially if you are in the path of climbing the corporate ladder. People are the most important asset you will have. Like what Sir Richard Branson said in the picture below, people will be the ones that will transform your company into becoming the best that it can be.
So, when it comes to training your team, you might not be as convinced as we are to the benefits of training your team of awesome people. However, we have compiled a list of reasons in this article to highlight why we feel that it is extremely crucial to train your team to ensure the success of your company.
Reason 1 : Better Performance
When you look to hire your next teammate, you would put a great deal of emphasis on the recruiting and the interview process. Make sure that the effort does not stop there. One of the most obvious reasons why you should give your team training is to make sure that their performances get better. Any type of training is an investment into their growth and this growth can only lead to an increase in performance. In addition to that, if you do not train your team, you do not give them the opportunity to improve, your team will stay stagnant. The more your team stays stagnant, the more frustrated you get because nothing will change and they will not have the motivation to improve themselves either.
Reason 2 : Increased Productivity
When hiring, you will often give your employees KPIs and have them know what they need to achieve. Having this kind of data is extremely important. However, with KPIs, sometimes, it’s hard to know if you have productive employees or not. Just because they reached their KPIs, this might not mean that they did it in the most productive way. If they had better training or guidance, they might be able to finish that yearly finance report in 1 week instead of 3 weeks.
With better training and guidance, your team will be introduced to the latest and better ways to work on a project. This is good because then you know that these are tried and true ways that will improve their work in the office.
Reason 3 : Employee Retainment
This is more on the personal level of the employees. When they feel that their management, which is you, are actively working and ensuring that they get the best training, they will really feel that you are taking care of them. Most of the times, employees will feel appreciated if they see active effort from the management in making their time at the work place a bit better. You do not need to go above and beyond and create a Google office replicate, but making sure that you do something to upgrade their soft skills, will be extremely important to ensuring that they stay behind and do a great job.
Investing in your people is really important because they will be the main drivers of your company. Yes, you can make the decisions, but, they are the executors. How can your idea come to fruition if your executors aren’t doing a good job because they hate where they are?
When it comes to keeping your employees, a little truly goes a long way. You will find that keeping your team together is a lot easier once you show them appreciation and giving them chances to grow more. Especially if the improvement is soft skill improvements and will help them become better workers.
All the reasons above just shows you how important it is to keep training your team. Treat them right and they will work for you the way you want them to. It’s always crucial to constantly improve yourself and if you have the option of doing that for your team, then you definitely should.
SSM has since released a new tool called the MBRS tool that will help everyone ease their mandatory financial reporting at the end of the tax season. Sending your team to go and train for this is important since it will be mandatory soon. Click here to start sending your team to level up themselves!