Let’s Stop Wasting Billions on Corporate Training Each Year

We all know that soft skills like communications, leadership, teamwork, and management top the list of skills that employers seek. These skills are often why people actually get hired or promoted in their careers. No wonder tens of billions of dollars are spent on training for these skills each year.

Yet, 9 out of 10 frontline managers do not feel well-prepared to meet their business challenges. Why is that?

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The Story of One SkillStore User

ha.jpgLate last year we had the opportunity to interview one SkillStore user. Her name is Ha Hoang, and she is an Account Executive in the West Region of Western Union. She has been using SkillStore since Western Union launched the second round of the Performance Management Fundamentals program.

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Building on Quicksand – The Problem with Corporate Training (And What You Can Do About It)

Talent and leadership shortages are the #1 business challenge for 65 percent of global leaders, according to the 2012 Bersin & Associates TalentTrends survey.

Similarly, in a survey conducted by IBM of 4,183 leaders in 70 countries, 71 percent of CEOs cited human capital as the leading source of sustained economic value, ahead of products, customer relationships and brands.

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6 Elements of Effective Management Training Solutions – New SkillStore eBook!

Do you help support the growth of managers and leaders at your organization?  If so, then SkillStore has a fantastic new eBook for you: 6 Elements of Effective Management Training Solutions

Research from the Gallup organization shows that the number one reason employees quit their jobs is a poor quality relationship with their direct manager. Another major study showed that companies with disengaged employees have, on average, 22% lower profitability.

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Why “Quick and Simple” Matters to You

As I mentioned previously, Next-Gen SaaS can transform soft skills training, as it has other industries and business processes, such as HR benefits, accounting, payroll processing, and customer support.

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Here Come The Millennials – Are You Ready?

Well, it’s official. According to the US Bureau of Labor Statistics, millennials – those born between 1980 and 2000 – are now the largest generation in the workforce in 2015, forming 35% of the civilian labor force. And by 2020, they will be half the workforce.

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