November 6, 2023 | less than a minute read

What makes training and development crucial?

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Abdul Haidar

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Abdul Haidar

A company's ability to succeed depends on its commitment to personnel training and development. Businesses that placed a high priority on training and development saw gains in earnings, sales, and staff retention. In the end, training and development contribute to a company's growth and success by helping to retain staff, cultivate future leaders, empower staff, increase workplace engagement, and forge stronger workplace relationships.

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It could be argued – and rightly so – that employees are a company’s greatest asset, and, therefore, investing in their training and development is key to sustaining business growth and success. This commitment makes sense when you consider the lengthy processes businesses carry out to recruit and hire qualified staff. Oftentimes, though, the emphasis on caring about the professional development of employees ends after they are hired.