Why does developing people enhance your business?

Applying people development powers your business!

Furthermore, investing in human capital today is essential.

We have had many technological advances, it is true, but the role of people remains essential for the good performance of any corporation.

Furthermore, the market tends to become increasingly competitive, increasing the competition for qualified professionals.

People development is much more about instigating professional growth than offering training for your current role.

Both terms, although similar differ in practice.

Therefore, offering this stimulus for personal and professional development is directly linked to new knowledge, new positions and even new professions.

Therefore, to encourage this type of thinking is also to encourage innovation in your company and consequently better deliveries and results.

Is it worth investing in people development?

On the other hand, even today, the investment or not in the development of its collaborators is a reason for doubts before leaders and managers.

It is understandable this kind of thinking, "What if I invest in an employee and they leave my corporation?", of course this is the most logical thinking.

But investing in people development has exactly the opposite effect.

By providing an environment for development, this becomes an additional incentive for employees to stay with their corporation.

This is because it is possible to clearly observe which gains, apart from financial, are being made in your profession as a whole.

The training of employees increases the retention of talent, reduces spending on new training and facilitates the development of projects.

In other words, all parts of the corporation benefit.

Risks of not investing in corporate development

As previously mentioned, investing in the development of people is fundamental because it brings effective gains for several sectors of the corporation, however, when this does not happen, the losses may be irreparable.

Demotivated and unstimulated employees tend to leave companies, especially if they have a high intellectual potential.

On the other hand, in the long term, having discouraged employees may have direct consequences on the results of your corporation.

Lack of commitment, absence of goals and constant search for new opportunities outside the company are some of them.

Another important point to note is that, in this way, the company loses its competitive advantage over its competitors.

This is probably because they have a team of skilled collaborators who are constantly learning.

Therefore, investing in development is also investing in your company.

How to apply people development?

First of all, it is necessary to be aware that this is not an isolated job, it cannot and should not be given exclusively to the leaders, nor exclusively to the people management sector.

All fronts of the corporation must let themselves actively participate in this process and even get involved together with the employees.

Creating a culture of development is also about understanding that everyone in the organisation needs it, including leadership.

Leaders are the focal point of each of the departments and must literally lead by example. By encouraging and participating.

Well, surely the 'cost' factor of this whole operation must be in your thoughts.

Nowadays, it is possible to find several options for corporate development. From face-to-face options or even distance learning.

Each of the modalities has its advantages, differentials and cost-benefit.

Below, we list each of these aspects.

Courses, workshops and face-to-face events

Without a doubt in-person training is a great investment, besides, it is possible to have in-company courses, which consequently increases the integration among collaborators.

They are great for learning and encourage participation and networking among team members. They also help in developing public speaking and teamwork skills.

However, in addition to the investment with the course or event itself, one must take into consideration the investment with travel and food, if necessary.

Distance Learning Courses

The corporate world in the distance learning market has been developing every day, and nowadays it is possible to find online course platforms dedicated to the corporate model.

LXP (Learning Experience) for example, is a learning platform that makes use of artificial intelligence to create relevant content trails based on how the user consumes.

In other words, the platform itself makes suggestions of new contents for the collaborators.

A significant time optimisation.

Moreover, by using distance learning for corporate training, all employees can be included in the training plan, which is a great cost-benefit.

The ease of studying in breaks, weekends, or when it is more convenient is also a great differential. Bearing in mind that corporate life often has major time constraints.

Benefits of a development culture

Organizational climate, better results and deliveries, talent retention, reduced costs and time with new hires.

These are just some of the aspects that can improve in your corporation by structuring a development culture.

Each of these aspects has a direct link with the employee's satisfaction with their current job. Satisfied and happy employees tend to collaborate more in teams, complain and procrastinate less.

With this, the results and projects automatically benefit, because motivated people give their all in search of the best indicators.

All these factors reflect on the people management department directly.

Consequently, it has considerable impact in reducing costs with turnover and also gains with the reduction of time searching for new talents for hiring and training.

Investing in the development of people is also investing in the development of your corporation, ensuring your position ahead of competitors and on a level playing field.

As complex as it may seem, this investment has real returns.

Providing a work environment that is open to innovation and learning is extremely advantageous.

Positions and salaries alone cannot retain talent, it takes more, it takes developing, supporting and providing an enabling environment for this culture.

What is your experience with people development in the corporate world?

Do you believe in the results of this practice? Leave your comment below.

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