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I know you don’t realize how important and necessary training is to our life, however, I would like to mention that training is not a luxury, it is necessary if companies are to participate in the global and electronic market places by offering high quality products and services. Do you know that in 2008, US organizations spent 134 billion dollar on employees training and development. Training prepares employees to use new technologies, function in new work systems and communicate and cooperate with peers or customers. Training and development gives employees an opportunity for personal growth within the company and helps provide the company with the knowledge and skills it needs to gain competitive advantage and successfully deal with competitive challenges (Noe, 2010).
Actually, training directly affects the business by helping the employees to develop the skills needed to perform their jobs. Also, giving the employees opportunities to learn and develop creates a positive work environment which supports the business strategy by attracting talented employees as well as motivating and retaining current employees ( Noe, 2010).
Please let me know when we can sit-down to go through much more evidences about the value of employees training and development. Thanks,
Noe, R. A. (2010). Employee training and development (5th ed.). New York, NY: McGraw Hill.