Investing in Employee Training: The Value of An Educated Workforce
Curated from: productschool.com
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The Benefits of Funding Employee Training
- You get a smarter, more productive workforce. An educated workforce is an empowered workforce. As your company processes mature, your employees need to match the skill sets in order to grow along with the company.
- You get improved employee satisfaction and retention. Hiring new talent is more expensive than paying for employee training. Moreover, when you lose an employee you also lose institutional knowledge.
- You attract a higher-quality talent pool. The trend nowadays includes blended learning and working. For some, their field of choice experience is valued more highly than pure education.
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Investing in Product Management Training
It is believed that providing product management training will benefit many different functions within a SaaS organization.
They will be able to hone the following key areas:
- Communication
- Prioritization
- Team leadership
- Cross-functional collaboration
- Stakeholder management
- User research
- Discovery; and
- Project planning
Product Management sits at the intersection of business, design, marketing, and technology. Basically, you will be training employees to be able to work in a multitude of functions.
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CURATOR'S NOTE
This article underscores the importance of having an educated workforce.
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