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At least once a year, take a course in some facet of business management. Compare what you've done with what your goals should have been.
Knowledge is power, and comes with education and training. The purpose of education is the development of knowledge, which matures into wisdom. Your ability to apply your knowledge influences your earning power. An electrician (for example) who has never taken training classes cannot contribute very much to an organization, nor can they capitalize on opportunities. Encourage your employees, and make it possible for them to train and learn their trade or enhance their skills so that they can first increase their productivity, and then qualify for advancement. One must occur before the other can occur.
Just as employees can learn from you,
so can you sometimes learn from them. Very often they come up with a practical solution
to a problem, or find a better way to do a specific task. When they do so, publicly acknowledge
their unique contribution.
What occurs during training is important to be sure, but what occurs after training is much more important. Training attempts to change something. Supervisors must know what was covered during a training program and follow up to ensure that the training is being applied; that is, that the desired change has occurred. If not, the training activity failed or the trainee failed the true training test.
Today, many trades require continuing education credits. Today's society is changing very rapidly with new areas of opportunity opening almost daily. The better-educated individual is the one who will stand the best chance of achieving success in his or her career.
Develop a formal training plan and fund the budget to accomplish the plan. Include yourself in the plan. Don't try to do all the training in one short period of time - spread it out! This helps to keep the importance of training fresh in everyone's mind. If you would like me to work with you in the development of a company-wide formal training plan, please call my office.
NOTE: For other closely related topics, be sure to review the section on Groups and Associations (#18) in this series of articles on Business Management.
Mike Holt's Comment: This is the 92nd and last of the series of articles we've been publishing on Business Management and Management Skills. We've had many interesting and favorable responses on these newsletters & would like to take this opportunity to thank each and every one of you for your participation. We hope that the topics discussed have helped you to develop a plan to improve your goals and decision-making skills. This workbook is available and has a self-analysis sheet after each topic to identify and rate your skills and skill levels.
To order this workbook, just click below and there are other workbooks and tapes available in our product line that might interest and assist you in your business. For further information, please call us toll free at (800) 881-2580, FAX at (954) 720-7944, or E-mail to Help@mikeholt.com.
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