Posted: March 9th, 2023

Explain how organizations can use training to gain competitive advantage

Organizations can use training to gain a competitive advantage by focusing on the development of their employees. Training is an important investment for businesses as it contributes to employee productivity, job satisfaction, and loyalty, all of which have a positive impact on the performance of an organization (Nahavandi et al., 2013). Therefore, organizations should consider how they can utilize training to stay ahead of competitors in the market.

One key factor that companies should consider when developing a training program is the goals and objectives for their specific business needs. This could include skills related to customer service or technology usage. Additionally, organizations must assess the competencies needed for individual jobs and determine what types of instructional methods are best suited for introducing new knowledge and behaviors (Schermerhorn & Hunt 2018). For example, some companies may offer classroom-style lectures while others might prefer online learning modules or role-playing activities.

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Explain how organizations can use training to gain competitive advantage

By investing in comprehensive training programs, companies can also benefit from improved communication within departments due to increased understanding of each other’s roles (Rafaeli & Sutton 1987). Furthermore, when employees feel adequately trained they become more engaged with their work and this helps encourage creativity in problem solving that leads to better product offerings or services (Welch et al., 2019). Additionally, staff who receive effective instruction tend to be more productive since they have been equipped with knowledge and tools necessary for them to perform at higher levels (Lambert et al., 2015). As such, these improvements help give businesses an edge over competitors by increasing efficiency while still ensuring quality products and/or services are being delivered consistently.

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Additionally, providing ongoing training helps create a culture where continuous improvement becomes part of everyday operations rather than just reserved for moments when problems arise (Giangreco & Thomsen 2016). By establishing this mindset among employees it reduces costs associated with costly repairs down the line as well encourages innovation through sharing ideas from multiple perspectives leading greater success in achieving organizational goals (Tussey 2020). Organizations must invest in both short-term initiatives as well as long-term strategies that focus on employee development if they want to maintain a competitive edge amidst rivals in their industry (Rosener 1995) . A company’s value lies within its people so by actively preparing them employers gain access to skillsets that support growth opportunities while shielding against potential threats posed by competition.

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