• Process improvements: reduced duplication of effort, less time spent correcting mistakes, faster access to information, etc.
• Cost savings: lower staff turnover, lower recruitment costs; reduction in bad debts; reduced customer support calls; reduced help desk calls; reduced need for supervision; reduced downtime; increased staff productivity; fewer machine breakdowns; lower maintenance costs, etc.
• Improved profitability: increased sales; more referrals due to better customer service; new product ideas; improved customer satisfaction and retention, etc.
• Performance improvement: in quality, quantity, speed, safety, problem solving, etc.
• Behavioural improvements: in attitude, ethics, motivation, leadership, communication, reduced staff conflict, etc.
• Increased staff satisfaction: Well trained staff tend to be happier, stay longer, and are more loyal.

Furthermore, research undertaken to uncover the financial impact to an organisation of investing in staff training shows a clear and quantifiable link between an above average investment in staff training and superior bottom line performance:

• Based on the training investments of 575 companies during a 3-year period, researchers found that firms investing the most in training and development (measured by total investment per employee and percentage of total gross payroll) yielded a 36.9% total shareholder
  Where to Find Wholesale Security Cameras
  There are many companies that offer wholesale security cameras and surveillance systems. For the most part, their customers are businesses large and small who have a security need beyond the single household system. Since businesses purchase a lot of items wholesale, there are companies that offer the hardware necessary at wholesale prices. In addition to the hardware required for a state of the art security system, there are costs involved in the installation, training and maintenance for those systems.And the more complex the system, the higher those ancillary costs will be. The companies that provide the hardware at wholesale prices are usually the same ones that charge a healthy fee to install the system, train the in house personnel who will be responsible for running it and are the cho
  ion in bad debts; reduced customer support calls; reduced help desk calls; reduced need for supervision; reduced downtime; increased staff productivity; fewer machine breakdowns; lower maintenance costs, etc.
• Improved profitability: increased sales; more referrals due to better customer service; new product ideas; improved customer satisfaction and retention, etc.
• Performance improvement: in quality, quantity, speed, safety, problem solving, etc.
• Behavioural improvements: in attitude, ethics, motivation, leadership, communication, reduced staff conflict, etc.
• Increased staff satisfaction: Well trained staff tend to be happier, stay longer, and are more loyal.

Furthermore, research undertaken to uncover the financial impact to an organisation of investing in staff training shows a clear and quantifiable link between an above average investment in staff training and superior bottom line performance:

• Based on the training investments of 575 companies during a 3-year period, researchers found that firms investing the most in training and development (measured by total investment per employee and percentage of total gross payroll) yielded a 36.9% total shareholde
  An Entrepreneur Article For Serious Contenders
  There are hopers and dreamers then there are entrepreneurs. To really understand how a genuine entrepreneur makes money you need to study the difference between these two groups and why hopers and dreamers fall by the way side, while the real thing go's from strength to strength."For the lack of a horse shoe, a kingdom was lost" Knowing what to look for is the mark of an experienced entrepreneur, however without experience you become at risk of simply running around in circles with nothing to show for it. For example the romantic "inventor entrepreneur wannabe" This type of hoper believes success lies in the power of one idea. They have bought into the romantic notion that all a man needs is one good idea and the world will beat a path to your door. The world is full of failed inventor entre
  ct ideas; improved customer satisfaction and retention, etc.
• Performance improvement: in quality, quantity, speed, safety, problem solving, etc.
• Behavioural improvements: in attitude, ethics, motivation, leadership, communication, reduced staff conflict, etc.
• Increased staff satisfaction: Well trained staff tend to be happier, stay longer, and are more loyal.

Furthermore, research undertaken to uncover the financial impact to an organisation of investing in staff training shows a clear and quantifiable link between an above average investment in staff training and superior bottom line performance:

• Based on the training investments of 575 companies during a 3-year period, researchers found that firms investing the most in training and development (measured by total investment per employee and percentage of total gross payroll) yielded a 36.9% total shareholde
  What is a Ponzi Scheme?
  This is for those who don't believe me when I talk about the dangers of "mystery money" schemes.The terms "pyramid scheme" and "Ponzi scheme" are used almost interchangeably. However, the scheme for which Charles Ponzi is most remembered was not a pyramid.If you aren't aware of the story of Ponzi, you'll likely find it familiar. This man promised to double your money in 90 days, and he kept his promise -- until the day he was arrested for fraud. He had created such a personal mystique that he continued to receive money from new investors while in prison.How could someone with so many satisfied customers end up in prison? Because fraud is fraud no matter the results. Ponzi claimed to be investing peoples' money and giving them the proceeds. What he was actually doing was givi
  Well trained staff tend to be happier, stay longer, and are more loyal.

Furthermore, research undertaken to uncover the financial impact to an organisation of investing in staff training shows a clear and quantifiable link between an above average investment in staff training and superior bottom line performance:

• Based on the training investments of 575 companies during a 3-year period, researchers found that firms investing the most in training and development (measured by total investment per employee and percentage of total gross payroll) yielded a 36.9% total shareholde
  Reducing the Cost of Your Yellow Pages
  If you are a typical YP advertiser, you read this headline and now this article, hoping to find a way to lower your YP investment. After all, who likes writing that huge check to the publisher every month, not even knowing if the ad is worth it or not? I’m on your side. I’ve even been in your shoes. I ran a YP ad for five years. But now I’m coming from a different direction. And, yes, I feel your pain and I’m here to help. But I’m not a cutter that slashes your ad size and takes a percentage of the savings, nor am I a middle-man with the power to negotiate a lower price with the local directory publisher. So who am I?To begin with, I’ve been designing effective Yellow Page ads for the past 25 years. During that time, I was a YP rep and consultant and, prior to that, had my own advertising a
  superior bottom line performance:
  • Based on the training investments of 575 companies during a 3-year period, researchers found that firms investing the most in training and development (measured by total investment per employee and percentage of total gross payroll) yielded a 36.9% total shareholder return compared with the 25.5% weighted return for the S&P 500 index for the same period. [1]
  • Firms that invest $1,500 per employee in training (per year) compared with those that spend $125 experience an average of 24% higher gross profit margins and 218% higher revenue per employee. [2]
  • Just a 2% increase in productivity has been shown to net a 100% return on investment in training. [3]
  • A Louis Harris and Associates poll reports that among employees with "poor" training opportunities, 41% planned to leave within a year, whereas of those who considered their company's training opportunities to be "excellent", only 12% planned to leave within the same period.

  So, if we accept the findings above that support the case for investing in a formal staff training program, how does one go about identifying staff training requirements and putting a suitable program in place?

  Enter The Staff Skills Audit:

  If a company's strategic plan involves doubling the workforce size within 3 years and opening two completely new divisions during that period, then you would hope that the company's HR Management team have a good handle on what skills the company currentl