Importance of Training Needs Analysis
Estimated reading time: 6 minutes
In today's competitive work environment, employees are required to be skilled in order to perform complex tasks in an efficient, cost-effective and safe manner. Training is an essential part when employees are not performing up to a certain standard of performance. The ultimate goal of any business is to be more profitable and companies who invest in training have experienced 24% higher profit margins, according to Huffington Post. The difference between the actual level of job performance and the expected level of job performance indicates a need for training. A research done by go2HR shows that about 40% of employees who don’t receive the necessary job training to become effective leave their positions within the first year, which in turn will effect the performance of the organisation. This highlights how crucial employee training is for any organisation to perform at their best.
Training needs analysis is a process which helps the organisations review the state of their training. This helps them to determine all the training that needs to be completed in a certain period to allow their team to complete their job as effectively as possible.
Importance of Training Needs Analysis:
- Identify knowledge gap
- Put training resources to good use
- Avoid wasting time on irrelevant training
- Review current and past training programs
- Helps to prioritise training needs
- Communicating the results to higher management
- Identify knowledge gap
One huge benefit of conducting training needs analysis is the fact it can helps identify any knowledge gaps the employees may have before it becomes an issue. It’s better to highlight a potential problem and tackle it head-on, rather than becoming aware of the skills gap when an issue arises because of it.
- Put training resources to good use
A successful training needs analysis will identify those who need training and what kind of training is needed. It is counter-productive to offer training to individuals who do not need it or to offer the wrong kind of training. A Training Needs Analysis helps to put the training resources to good use.
- Avoid wasting time on irrelevant training
It gives organisations a clear understanding of the big picture. With this understanding, they’ll be able to pinpoint training that’s not needed, saving them time and money.
- Review current and past training programs
It is crucial to check what current training activities are being implemented in order to have coordination and to avoid duplication of efforts. Reviewing past performance must be done to learn about the strengths and weaknesses in order to make the current program more effective
- Helps to prioritise training needs
When it comes to planning out a training program, it can be hard to decide which training sessions are the most important. However, training needs analysis can help you pinpoint the training which needs to be completed ASAP, and which training can be left till later down the line.
A training needs analysis allows organisations to explore the performance, skill, and knowledge gaps that diminish employee productivity. In many cases, the conclusions must be presented in the proper format so that higher management can more easily grasp the correctness and importance of the suggestions. This is crucial to have the program approved. Training needs analysis is the first step in starting an effective training program.
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Opus Kinetic believes that people are why organisations are successful, and giving people the knowledge to perform well at their job is integral for success. We pride ourselves as the premier provider of knowledge, offering acclaimed in-house trainings, and many other professional training courses spanning from various industries. Our training courses are well-researched and updated with the latest industry trends. For more information on our professional training programs, check out our latest training calendar.
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