Retail Bulletin is promoting the 2nd Annual Retail HR Summit which is aimed, as you might expect, at retailers but in reality it will probably not attract many SMEs - but that will not be the fault of the organisers (although it is marketed in a way that might deter many!). The lessons to be learnt at this event are fundamental even to the small employer.
The headlines are citing that it will be advantageous to differentiate your brand in the recruitment market - I have to say that that is more than possible even if you only employ a few people. They are promoting training input as an important tool for staff retention but also for adding value to the bottom line.
All too often the SME retailer falls into the trap of believing their own unfounded statements of woe and doom when it comes to training; "I can't afford for him/her to be off the shop-floor", "I can't afford to pay for any training", "They'll only leave if I train them". These perfectly understandable comments are not based on a well planned training strategy as a fundamental function within the business plan and often arise from a lack of understanding about how to capitalise on well trained and motivated staff.
My experience comes from when I devised a training programme to counter the fact that my store was based within half a mile of several major store groups, each with an effective training policy. In embracing an established programme I was able to attract funding (although there were associated costs); I was able to focus the training on the weaknesses that I had previously identifed in a simple SWOT analysis; equally I was able to build on the strengths. By ensuring that the individual needs of the staff member was also taken into consideration and that they were duly recognised for their efforts, I was able to reduce the turnover of staff, improve the performance of staff in each of the departments thus cutting costs and increasing revenues by making the sales staff better able to convert sales. The chosen route was to work towards awards that were within the National Vocational Qualifications framework, so that even though we were small, our training suited the requirements of a recognised award.
Staff were rewarded for effort, producing a far better return on the firm's investment in them and customer loyalty was noticeably improved and costs reduced. What can I say? If I can do it...
Just a small aside, depending on the size and location of the business, there are funds available to subsidise relevant training and you will be surprised how well motivated staff will commit to working in their own time. Try it, you might get the bug yourself! Contact Train to Gain and your local Business Link for more information.
Showing posts with label Training. Show all posts
Showing posts with label Training. Show all posts
Wednesday, 25 June 2008
Tuesday, 10 June 2008
Tough times - let's not allow training to be the victim!
The signs of a retail downturn are very much in evidence now and, as will happen in any period of downturn in the trading cycle, businesses will be looking for ways in which to reduce costs. It is an unfortunate fact that very often training budgets are amongst the first to be cut back as these are regarded by some as 'soft' budgets and not productive. This is, of course, a real mistake.
The one aspect of any cyclical downturn is that there will be an upturn along in a while. The businesses that will be best placed to not merely survive but to prosper are those whose planning takes that aspect into consideration. The ways to prosperity are many, but the essential ingredients in retailing are cost control, informed range planning, low stock holdings to meet short-term needs and the best trained and motivated staff available to sell the product.
If you think that you might benefit from an analysis of the training needs of your business, did you know that you can get free advice and possibly get free training provision? Contact your local Business Link - use this link to track down your local business Link :
http://www.businesslink.gov.uk/bdotg/action/directorysearch
When you contact them ask them for all the advice that they have to offer and also have them put you in touch with local Skills Brokers.
Retailing does not have a good investment record in training, although this has been improving, and now more and more opportunities exist to upskill the workforce - which includes you!
The one aspect of any cyclical downturn is that there will be an upturn along in a while. The businesses that will be best placed to not merely survive but to prosper are those whose planning takes that aspect into consideration. The ways to prosperity are many, but the essential ingredients in retailing are cost control, informed range planning, low stock holdings to meet short-term needs and the best trained and motivated staff available to sell the product.
If you think that you might benefit from an analysis of the training needs of your business, did you know that you can get free advice and possibly get free training provision? Contact your local Business Link - use this link to track down your local business Link :
http://www.businesslink.gov.uk/bdotg/action/directorysearch
When you contact them ask them for all the advice that they have to offer and also have them put you in touch with local Skills Brokers.
Retailing does not have a good investment record in training, although this has been improving, and now more and more opportunities exist to upskill the workforce - which includes you!
Labels:
Budgetary demands,
Business Links,
Skills Brokers,
Training,
Upskilling
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