Every year corporations, non-profit organizations and government agencies spend billions of dollars to train employees. From company-wide programs that completely rebuild the way a company does business such as Sigma Six to simple one-day seminars that help teach effective work skills, hundreds of programs exist to provide specialized training for a company's most valued assets, its employees.
Management training is often met with speculation. Removing an employee from the work environment to undergo training is costly, because of the direct cost of paying for the classes as well as the loss of valuable man-hours in the office. For management training to be rationalized in a company's budget, substantial benefits need to be shown.
An immediate benefit of management development training is the improvement of skills and knowledge in the management team. This benefit can be applied immediately, and results can be seen at once. Building a management team's knowledge base and skill set helps to create a support network in the workplace. When a teams skill level is higher, they can create more efficient process, which shows financially. A well-trained management team can work together, and problem-solving becomes much more efficient.
A happy worker is a productive worker. Sending employees to management training and seminars shows employees that they are valued and trusted. Often, management training classes are structured in a motivational way. Management that feels valued and trusted show an increase in morale that makes for a more comfortable and productive workplace. High morale betters the company's atmosphere and creates an environment that employees enjoy being in and helps them work better.
Changing the way employees think can be crucial to productivity. While this may sound Orwellian, the simple truth is that most people find work to be a chore, and changing the way employees feel about their work and their workplace goes a long way toward boosting productivity. Beyond that, the way an employee acts affects the people that work around and with her. Many effective management development training courses focus on effective practices, changing the nature of how an employee acts and thinks to better facilitate a healthy work environment.