Why invest in learning?

The potential is enormous, and I will tell you why, please read on!

When I talk with companies, I hear four main reasons why investing in corporate learning is a great idea. Let me take you briefly through those and bring you to the big WHY we want to invest in learning.?

1.????To save time.

What many people mean when they say saving time is that they want to free up resources. Sometimes learning is hinged on certain people in a company that have to do the training over and over again because of a constant influx of new people that need to be brought up to speed. The Learningbank System can help you do exactly that.

Learning can save time by freeing up managers, bring new employees up to skill level, and reskill people quicker when they change positions.

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2.????To standardize learning

In larger companies things grow over time and suddenly you have a lot of departments, each one them doing important things like onboarding or customer service in their own flavor. That can be fine, but at some point, you want certainty that the skill levels across the employees are not too far apart and your customer have the same beautiful experience no matter which employee they meet.

Learning can make sure knowledge and best practices are distributed easily and quickly.

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3.????To align people across your company

It is a very powerful thing when people are aligned and work towards a common goal. Employees feel motivated when they know why you are working towards defined goals or standards, like why it is important to greet customers with a smile in a retail shop.

Learning can help you communicate and implement changes across your company.

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4.????To be compliant in important areas

Many of you work in companies where there are safety measures, security measures or regulations to live up to. Or all of them. You need to make sure everybody is on board and aligned and you also need a way to keep track of it.

Learning can help you make sure you are compliant.

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Why do you want to invest in learning?

I promised you a big potential and here it is – As a company you need two main things today to fulfill your goal and grow.

-??????You want to be able to implement changes. “Only change is certain” and all companies will have to adapt to new market circumstances in the near future. Bullet points 1-4 above are your foundation to be able to change in a direction you control.

-??????You want to invest in your employees. Motivated, engaged, and aligned employees that help drive your business forward are a scarce resource. Luckily, great learning is irresistible to people because we all want to grow and learn. We mostly say no when we can’t see the relevance. That’s the trick of super-teachers, they can put learning in a relevant frame for students, and you can do the same for your employees.

If you work with learning in your company, share this and tell me where I’m wrong so we all can learn more.

The whole purpose of corporate learning is to unleash the huge potential in employees that learning can create results like:

·?????10% less accidents

·?????15% more sales

·?????20% better customer satisfaction

·?????25% saved cost on incorrectly handled goods

·?????30% better employee retention

?Go on and calculate the gains and imagine… It’s all possible!