Training adds to competitiveness
- Words:
- 1561
- Submitted:
- Tue Sep 02 2003

Have a little read: ... Training and Development Training adds to competitiveness In a 'knowledge economy' training & development take on a greater importance than ever before. The company that trains and develops its people is best placed to add value to products and therefore gain competitive advantage. What is true for individual business is also true for national economies, and this is one reason why recent governments have placed so much importance on education, training and development. The training problem While it is obvious the training is essential to competitive success, it is an area the UK-based companies have not always given high priority to. One reason for this is that many organisations consider it cheaper to hire already skilled workers than to pay the cost of training their own and possibly seeing these employees being poached by other companies. What is training? Training includes all forms of planned learning experiences and activities designed to make positive changes to
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