It should come as no surprise that employees are the greatest asset to an organization. The employees are the lifeline to an organization operating at optimal performance. Without properly trained employees, the other necessary resources cannot be fully utilized. This is the reason that training and professional development is the single, most important element to an organization’s success and should be considered the top priority when building and planning a platform for success within a business.
Some common consequences of an organization neglecting to properly train and develop employees include:
By investing in the training and development of the most valuable asset, the employees, an organization is essentially strengthening the health and well-being of the entire operation. The development of employees is literally the necessary foundation for all of the other important resources to be built upon.
To attempt incorporating the other components necessary for a thriving organization without investing in employee development is the equivalent of building a castle on sand. Without a strong and necessary foundation, all of the other efforts are futile and will crumble.
Therefore, an organization should absolutely avoid making the mistake of overlooking the most obvious and greatest Return on Investment (ROI), the development of employees.
To quote Anne M. Mulcahy, “Employees are a company’s greatest asset – they’re your competitive advantage. You want to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company’s mission.”
Libel & Slander
*Retaliation has become the #1 most frequently cited form of discrimination, edging out race discrimination. Enterprise Florida. Knowledge Center. Retrieved 7/31/12
Layers for Civil Justice, Civil Justice Reform Group and U.S. Chamber Institute for Legal Reform. Litigation Cost Survey of Major Companies. Retrieved 7/31/12 from http://www.uscourts.gov/uscourts/RulesAndPolicies/rules/Duke%20Materials/Library/Litigation%20Cost%20Survey%20of%20Major%20C
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