To achieve and maintain the survival and success of any organization, its managers shouldn't only acquire appropriate people to resource it, but they should also train and develop their employees. Surprisingly, most managers find this to end up being additional costs to the organization thus experience reluctant to pursue it. No doubt many organizations are not able to hit their target revenue. It is an undeniable fact that teaching and retraining of employees would incur additional cost to the organization but the returns on the educated worker's input is most at times very high. This caters for the training costs and adds to the profit margin of the organization even. Below are the good reasons for which it is imperative to train and develop employees.
New employees are almost like raw materials: It is not surprising that most newly employed workers are not able to fit very well into their work groups. Most of these workers are new to their work and need to be "processed" like raw materials to be able to execute adequately. Their ability to perform adds value to the organization.
Tasks and Jobs modification: Over time, both jobs and duties change in high quality and quantity and as such, employees need to be trained in order to match the new demands of their work. If this is not done, rather than them working at present level or value, they would work at the older level which would in turn negatively affect the organization. The reason being one cannot do today's work with yesterday's method and be in business tomorrow.
Changing Nature of People: As human beings as we are, change is inevitable. Once an employee performs a particular job for quite a while, his/her attitude towards that particular job adjustments. He/she therefore need to be retrained to shape him/her to the task assigned to him/her since deviation from the assigned task will be a disadvantage to the organization.
Job Rotation/Modification: Within some organizations, workers rotate their work as the year passes. As such, workers who have moved to new careers need to be trained in order to effectively and efficiently perform in their new jobs.
Introduction of new Careers and Tasks: As the day go by, and due to the level of technological development, new careers and tasks are introduced. Against this background, the older and existing employees need to be retrained to be able to perform the newly introduced jobs and duties.
Readiness for future modification: The uncertainty of the future makes it necessary for employees to be trained and retrained. It is highly likely that a particular worker could become incapacitated and another person needs to instantly replace him/her. If workers are trained and developed constantly, replacing such a person would not be a nagging problem to the organization. The position would not be still left vacant and cost the organization subsequently.