When Employees Are Trained to Set Goals, Profitability Results

Employee training is supposed to be all about helping employees get better at doing their jobs. But researchers at Harvard Business School have uncovered a startling fact: a mere 7% of employees today fully understand their company’s business strategies and what’s expected of them in order to help achieve company …

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Study: 90 Percent of New Skills Are Lost after Training

According to data collected by HR research and consulting firm Bersin by Deloitte, in 2014, U.S. spending on corporate training grew by 10 percent to over $75 billion and over $140 billion worldwide — the fifth straight year of year-over-year growth. Josh Bersin of Deloitte explains that corporate training is …

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The Case for Continuous Learning

Elearning programs usually fail because they deliver the right content at the wrong time: employees do not want to sit through day-long training sessions for seemingly irrelevant material (think Death by PowerPoint). But employees are eager to seek out training when they need it. They vigorously look for the guidelines …

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Why ‘Watch and Learn’ Training Fails

In a recent Harvard Business Review article, ‘Is Your Company Encouraging Employees to Share What They Know?’, author Christopher Myers points out that while organizations invest significant resources in handbooks, protocols, formal mentoring programs, and knowledge management systems to share employees’ experiences for the purpose of creating in-house training programs, …

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Can Anyone Become a Trainer?

As companies launch new products, hire new workers, open new offices, or incorporate new technologies — essentially, as companies grow — they find the need to provide training. Good training, that is, training that is current and readily accessible, that doesn’t disrupt the day-to-day business, and that directly impacts employee …

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Training Company Closes Seed Round

Houston-based Synapse® Inc. has closed its seed round of $750,000, as it plans to ramp up hiring in 2016. Synapse®, formerly known as In-Acuity, is a knowledge transfer program that largely focuses on oil and gas companies. Synapse® works with companies to design and develop training courses for employees based on knowledge from …

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