Corporate Training - Tips to Help Your Business

Published on

corporate training franchise

Corporate training is a way of improving the overall productivity and profitability of a business by providing those involved in the company with additional skills or knowledge. Corporate training can be considered a part of an employees professional development or incorporated into induction processes to provide promising new recruits with the skills needed to carry out their job to the best of their abilities.

There are a number of benefits for businesses that opt to provide corporate training. Employees that undergo corporate training are likely to experience higher levels of job satisfaction and morale, as they are able to complete their job to a higher standard. This, in turn, reduces the chance of employees leaving their job, saving the employer time and money when it comes to recruitment and selection. In short, by investing in employee development in the short term, businesses can improve their profitability in the long term.

Read more:

Vocational training is nothing new. According to E-Learning Industry, training has been a part of the workplace since 1880, when apprenticeships were given to new workers. Studies show that the majority of employees embrace training, and many seek it out as a way to distinguish themselves from colleagues and give themselves an advantage in the workplace.

Corporate training can also be used to ensure that employees and clients understand the companys vision and values, which has positive implications for any business. Corporate training can cover a diverse range of areas, but the principal categories are leadership training, software training, management training and customer service training. When designing a business corporate training structure, employers should think about the specific requirements of their business. Where are the gaps in employees knowledge? Are there any processes that frequently raise issues? How would you like the business to progress over the next year?

What does corporate training involve?

Corporate training can be provided in a variety of ways, depending on the business requirements. Small businesses that are based in a single location might choose to offer classroom-based training, as face-to-face learning can increase information retention. Large businesses or businesses that choose to provide tailored courses for different groups of employees might prefer to use a Learning Management System (LMS). This delivers training through computer software that allows learners to access educational material online.

Many businesses opt for a combination of the two methods, a strategy that has come to be known as blended learning. A webinar is just one example of a blended learning practice that delivers information through human interaction but joins learners together online.

Corporate training should be undertaken with clear goals in mind. These should be set out by the employer, as employees are more likely to feel satisfied with their progress if they reach predetermined targets.

Corporate Training Programmes

Many businesses have started incorporating their own corporate training programmes into their business model, either as a yearly practice or to keep employees informed and efficient during periods of change for the company. Lets take a look at three types of corporate training:

Employee training: keeping employees up to date with business objectives, ensuring compliance and equipping employees with the skills to take on a certain role or perform their role more efficiently.

Customer training: providing customers or clients with industry information or skills, e.g. teaching them how to use a product or how to carry out tasks that make up part of the service the business provides. This is beneficial as it reduces customer enquiries in the long run.

Partner training: providing a business partners with the right information and tools to effectively sell the products or services sold by the business. It forms part of a partner enablement strategy.

Corporate training programmes could give participants the opportunity to earn qualifications or certifications to demonstrate their level of expertise. The prospect of earning a new qualification is an incentive to participants, as it gives them the edge over their colleagues and increases their value as an employee.

Corporate Training Companies

There are many dedicated corporate training companies that provide training services to other businesses. These are useful for companies, as they can choose a specific programme to suit their workers or sector and count on high-quality teaching and reliable information. Here, we take a look at three of the most popular ones.

Future London Academy

This company provides one-week, immersive courses in three key areas: innovation, branding and product design. This covers everything from digital brand strategies to trend forecasting and virtual reality. Courses are provided by a diverse group of London-based creatives from across the world.

London Corporate Training

Despite being based in London, this company works with clients in Europe, the Middle East, Africa and Asia. It offers more than 100 courses, ranging from three days to three weeks in length. The courses cover advanced management, law, oil and gas, soft skills, operations management, finance, human resources, public relations, sales and secretarial skills.

BOC Global Events and Training Group

This company also serves Europe, the Middle East, Africa and Asia. Clients can attend one of BOCs 70 courses in a range of different locations, so training is conveniently accessible to those who need it.

Conclusion

Corporate training can vastly impact a business productivity and profitability if done right. Surprisingly, despite the obvious benefits of giving employees the tools to perform their job with maximum efficiency, many companies dont prioritise corporate training, providing inadequate training courses or none at all. It is worth noting that running insufficient courses could end up costing a business money, as capital is invested in training while productivity is lost during the sessions. However, if employers can identify the specific areas in which employees would benefit from additional know-how or skills and find a programme that delivers them, the business stands to benefit from increased output and a high turnover in the long run.

>> Read more articles on the Training sector

These articles may interest you

9 Must-Read Books for Business Owners

The best franchise owners fill their free time with plenty of learning and development [...]


Lessons Learned: Advice from Successful Hair, Beauty and Cosmetics Business Owners

Running a hair, beauty or cosmetics franchise business can be incredibly rewarding; [...]


Lessons Learned: Advice from Successful Sports, Fitness and Gym Franchise Owners

Weve collected some of the best insights from those who have seen success in [...]


5 Great Reasons to Become a Franchisee

Want to start a franchise but not sure if its going to fit with your lifestyle [...]


BECOME A FRANCHISEE

Heres How Franchisors Can Be Mentors During Tough Times

When times get tough, your franchisees will be relying on you to guide them through [...]


ARTICLES FOR FRANCHISORS

5 Tips for Overcoming Franchise Legal Issues During Tough Times

Tough times have the potential to uncover the ugly side of every relationship [...]


LEGAL ISSUES IN FRANCHISING
Did you enjoy this article? Please rate this article
Average rating 5/5 based on 1 vote(s)
These franchises may interest you
My Window Cleaner franchise

My Window Cleaner

Revolutionise a sector thats primed for modernisation

Revolutionise a sector thats primed for modernisation, using our technology and proven marketing systems to [...]

Read more ›
Minimum investment
7,000
Request
information
Really Awesome Coffee franchise

Really Awesome Coffee

The fastest growing mobile coffee franchise in the UK beat the competition on the high street and take the [...]

Read more ›
Minimum investment
9,300
Request
information
Ovenclean franchise

Ovenclean

A franchise with low overheads and unlimited opportunity.

Ovenclean, part of Franchise Brands plc, is the UK's original oven cleaning specialist with a large network [...]

Read more ›
Minimum investment
14,995
Request
information
ProfitPlus franchise

ProfitPlus

The Financial Growth People

ProfitPlus is a system that provides a tried and tested platform for individuals to deliver business growth [...]

Read more ›
Minimum investment
25,000
Request
information
Daniel Moquet Driveway Designer franchise

Daniel Moquet Driveway Designer

An introduction to the m way to success

WHO ARE WE? Designing and installing driveways, paths and patios since 1977 Daniel Moquet Driveway Designer, [...]

Read more ›
Minimum investment
40,000
Request
information

0 Comments

post a comment

Characters remaining: 250