Small to medium-sized businesses (SMBs) face several challenges when it comes to training, development, and upskilling their employees.
Do any of these describe your challenges?
1. Limited Resources: SMBs often have limited financial resources and manpower dedicated to training and development initiatives. This can restrict the type and amount of training they can provide to their employees.
2. Time Constraints: Small businesses typically operate with lean teams and tight schedules. Finding the time for employees to participate in training programs without disrupting day-to-day operations can be challenging.
3. Lack of Expertise: SMBs may lack the internal expertise or dedicated HR department to design and implement effective training programs. This can result in training that is not aligned with the company's goals or not tailored to the specific needs of employees.
4. Difficulty Identifying Training Needs: Without sophisticated HR systems or processes in place, SMBs may struggle to accurately identify the training needs of their employees. This can lead to investing in training that is not relevant or addressing only surface-level skills gaps.
5. Retention Concerns: Small businesses may worry that investing in training and development will make their employees more attractive to competitors, leading to higher turnover rates. This concern can deter them from investing in employee development initiatives.
6. Access to Training Resources: SMBs may face challenges in accessing high-quality training resources, such as courses, workshops, or seminars, due to limited networks or partnerships with training providers.
7. Adaptability to Technological Changes: In today's rapidly evolving technological landscape, SMBs may struggle to keep pace with the latest tools and software relevant to their industry. This makes it challenging to provide employees with the necessary training to stay competitive.
8. Balancing Immediate Needs with Long-Term Goals: Small businesses often prioritize short-term goals, such as meeting immediate project deadlines or increasing revenue, over long-term investments like employee training and development. Finding the right balance between these competing priorities can be difficult.
Does this describe you and your business?
Addressing these challenges requires a strategic approach that emphasizes the importance of investing in employee development as a means of fostering growth and competitiveness within the organization. This may involve leveraging online learning platforms, seeking external training partnerships, implementing mentorship programs, and fostering a culture of continuous learning and development within the company.
This is where Platinum Training Technologies can help!
PLATINUM TRAINING TECHNOLOGIES
TRAINING SOLUTIONS FOR BUSINESSES
Helping Businesses Become World Class Organizations!
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Do you think that your business needs help with hiring & on-boarding, sales & product training, customer & employee retention, and leadership development training? Are you unhappy with the results of your current training program?
Our Team Can Help!
If the video above resonated with you, call
us today at 877-495-0263 to get started!
The Problem
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The U.S. Bureau of Labor statistics found that companies with fewer than 100 employees gave only 12 minutes of manager training every six months. Organizations with 100 – 500 employees provided just 6 minutes.
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As many as 1 in 3 people leave their organization within the first year, either voluntarily or involuntarily. An incredible 22% of staff turnover happens within the first 6 weeks of employment.
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In the most recent Gallup State of the Global Workplace report, 77% of employees are not engaged or actively disengaged at work.
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According to Harvard Business Review, 70% of employees report that they don’t have mastery of the skills needed to do their jobs.
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According to Gallup, 51% of employees at any given time are considering a new job.
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A report from the Center for American Progress found that turnover can cost organizations anywhere from 16% to 213% of the lost employee’s salary.
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A Future Workplace and Kronos study has found that 87% of employers said that improving retention is a critical priority for their organization.
BUSINESSES
BUSINESSES
INDIVIDUALS
INDIVIDUALS
BUSINESSES
BUSINESSES
INDIVIDUALS
INDIVIDUALS
BUSINESSES
The Solution
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Enrolling in the Platinum Training Technologies platform, which is a rapid-deployable system, will enable your team to immediately have 24/7 access to a library of 3,000+ of the most comprehensive courses that cover all the skills they must have to get ahead of the game and remain competitive.
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We can customize Learning Tracks for your team and business goals which will help them hone-in on specific areas they need improvement such as Advanced Selling Skills, Handling Objections, Business Writing, Business Math, Managerial Refresher/Tune-up, Diversity, Leadership, Microsoft Refresher and many, many more.
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We can provide your team access to additional life help resources in areas such as Anxiety, Depression & Panic Attacks, Confidence, Self Esteem & Self Care, Career & Job, Goal Setting & Achievement, Motivation & Passion, Natural Health & Safety, Parenting & Family, Stress Management, Success, Time Management & Procrastination and Weight Loss & Fitness and many more topics.
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We can help you design an effective on-boarding program for all new employees and make it accessible 24/7 and mobile friendly.
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We can offer group or individual coaching to your team members designed to improve performance for key team members and groom leaders for tomorrow’s business challenges.
The Results
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Increased Sales – sales training equips your team with the most effective and efficient sales techniques so they will be more professional and able to overcome objections to close the sale.
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Increases Customer Satisfaction - Improving the quality of your customer service through training leads to an increase in customer satisfaction, retention and loyalty. Through effective training, customer service representatives increase their ability to resolve issues and decrease the number of return calls. Often, trained team members are able to address the concern at the first point of contact, which greatly increases customer satisfaction.
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Your company will become a world class organization because training provides integrated “best practices” for all operational areas.
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You will attract more of the best candidates for all open positions.
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Your team will have better in-depth knowledge of your product and services along with industry and competitor knowledge.
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Training will create a team that feels confident and supported, and who are more likely to stay in their position. Bottom line: you’ll see an improvement in your employee retention rate which reduces costs.
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Job satisfaction will increase, and self-esteem improves when your team better understands the workings of the company. Training can also enhance morale on the job and loyalty to the company. Team members who believe their company offers excellent training opportunities are generally less likely to leave.
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Increased Profits - Through training, team members come together to achieve a common goal, which is to satisfy the customer. This will then lead to lower turnover, better quality of product or service, concern over managing expenses, increased customer satisfaction and loyalty, increase in sales = increases in profits!
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FEATURED LEARNING TRACKS
Coaching for Coaches
How do you get your employees to be better than they were yesterday? What can you do, as their manager, as their coach, to help them perform better than yesterday? This track will cover coaching, which is a skill that we...
Health & Wellness Essentials
Stay Healthy and Well with this educational track! Over 20 courses including: Optimizing Work-Life Balance, Understanding Stress and Burnout, The Benefits of Time Off, Digital Stress and Addiction,
Business Communications Master Class
Become a master communicator with this learning track! Topics include: Active Listening, How to be a Great Conversationalist, Verbal Communication, Straight Talk on Bad Language, Social Cues...
Diversity Training
Our diversity training is designed to facilitate positive inter-group interaction, reduce prejudice and discrimination, and generally teach individuals who are different from others how to work together effectively.
24/7 Unlimited Access
Your team members will have complete access 24/7 to help them hone and improve their skills!
Over 3,000 Video Courses
Over 3,000 video courses available on demand with new courses added every month!
Coaching & Mastermind Groups
The purpose of a group coaching program is to help you succeed and reach your goals by discussing challenges with peers. Mastermind groups focus on your business or industry challenges in an environment with peer support and troubleshooting which leads to real solutions.
