Why investing in people should be a top priority for businesses
Sivakumar Palaniappan, CSP
Transforming Leaders ?? Boosting Execution Excellence ?? Building Leadership Mindsets ?? Driving Organisational Growth ?? Inspiring Action, Creating Impact! ?? CSP - Certified Speaking Professional ??
Organisations that invest in their people can engage, retain and ensure productivity.? Companies with high “investment in training per employee” have profit margins that are 24% higher than firms that don’t invest in people.? (Source – ASTD)
5 Steps to Grow with Effective Training Investment Strategies
1. Role Clarity : Investing in Job and Career-Readiness Training Programs
2. Ethics and Culture : Building Strong Ethics and Results-Based High-Performance Work Culture
3. Execution Excellence : Investing in Team Leads and Managers
4. Staying Innovative and Competitive : Investing in Creativity, Innovation, and Futuristic Tech
5. Learning Organization : Investing in Senior Leaders to Foster Continuous Learning
Investing in your people is not just an expense; it's a strategic move that can redefine the trajectory of your organization.
By adopting these five strategic training investment steps, you engage and retain talent and pave the way for sustained productivity and success.
It's time to unlock the full potential of your workforce and position your organisation as a leader in the ever-evolving business landscape.
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Transforming human beings to build "The Productive Mindset" to experience fulfillment | LinkedIn Strategist | Bestselling Author | Professional Speaker | Business Consultant | LinkedIn Top Voice | Advisory Council HBR
9 个月I resonate with your point, it's very important to invest wisely.. Investing in your people, and in your network helps you to build the required support system. It empowers you to create a safe space to grow and be vulnerable. In my book "The Power of AIM" I also share how investing time, energy and emotions propels you towards fulfilment.
Sr. GM T&D at INTAS PHARMACEUTICALS LIMITED
9 个月Well said
Vice President @ Clarivate | Strategic Global HR Leader | Business Partnering | M&A Specialist | 24 years of experience in Human Resources & Organizational Development
9 个月Unlocking success secrets: Learn how strategic investments propel organizations to new heights. A must-read article! Sivakumar Palaniappan
Professor and Dean | Kirkpatrick Certified Evaluator | Learning Experience Designer | Inspirational Speaker | Adventure Biker
10 个月No two brains are the same according to science. While all other assets can be replicated, people the most valuable asset cannot be replaced/replicated. Thanks for this post, stressing importance of people and their development in organizations.