WHY BUSINESSES SHOULD TRAIN THEIR CORE TEAM NOW
The core team plays a crucial role in the sustainable development of a business. Business owners continuously build and nurture this team to ensure efficient operations even in their absence.
However, many businesses underestimate the importance of training programs for their core team, especially when budget constraints come into play. They might be willing to cut back on skill and expertise training activities. If you’re unsure about this, let’s explore the reasons why training your Core Team is essential, as shared by the BGS Global Leadership Institute.
Acquiring a high-quality core team
Within a business, there are numerous employees, all of whom are initially given equal opportunities. However, during the course of work, only a few individuals prove suitable to become core team members. Training helps businesses identify exceptional individuals and carefully select a group of employees who are best suited for each role within the system. By building a high-quality Core Team, businesses ensure that they have the right people in the right positions, allowing for smooth operations. This creates internal strength within the company, alleviating the burden on business leaders.
Core team helps reduce the burden on leadership
Enhancing productivity and effectiveness for employees
Through training programs, each employee learns, absorbs new knowledge, and gains specialized skills to better serve their roles. It has been proven that employees who undergo regular professional training exhibit higher productivity compared to those who don’t receive such these trainings.
Furthermore, organizing training programs demonstrates a commitment between employees and the business. This fosters a sense of value among employees, which indeed leads them to contribute greater value to the business.
Retaining and attracting top talent
Building and managing a core team to prevent the loss of high-quality human resources is always a challenge for businesses. The more a business focuses on providing opportunities for employees to develop specialized skills, the longer they will stay loyal to the company.
Employees recognize their growth potential within the company and realize their positions, fostering trust and loyalty. Consequently, businesses can save on recruitment costs while effectively attracting top talent.
Enhancing the competitive edge of the business
Training employees can be seen as an investment in the future of the business. Companies that prioritize employee training and provide clear career promotion paths tend to have a lower rate of job hopping.
This not only ensures stability in business operations but also increases the competitive advantage in the market by having a strong team of skilled professionals.
Although many businesses understand the importance of building and training their workforce, budget constraints often pose a challenge. Understanding this concern, the BGS Global Leadership Institute has designed management training programs specifically for the Core Teams of businesses.
One of these programs is the Mini MBA For Core Team – Unleash Governance Competencies, which serves as the first step in providing governance knowledge to the core team.
For detailed information about the course: Here
BGS Global Leadership Institute