Training & Development: Is it necessary during tough economic times?

As highly sought after and experienced Corporate Trainers for Management & Leadership Development, MGI (Modern Gulf Institute) have gained extensive insight into the local market in terms of the type of training that produces the greatest results and ROI.

In tough economic times, many organisation often makes the fundamental error of compromising upon the training needs that are required to continue to motivate their employees.

  • Is training necessary?
  • What purpose does it serve in the greater scheme of things?
  • Who should be trained?
  • Most importantly, in what areas should they be trained?

These are very common questions that are often raised.

Dr Salim A. Al Flaiti, HRBP, Director of Human Resources at Oman Convention & Exhibition Centre to share his views:

“Allocating costs in times of scarcity is intricate. Companies are faced with the question of “where to spend the shrinking funds?” from all interested stakeholders. While smart companies only spend on core services to contain costs, smarter companies spend on creating a niche and generate revenue.

The smartest companies, however, invest in training their employees on various issues to combat the hard times and create and lead successful endeavors to profitable sustainable business decisions.”

As professional training facilitators, MGI aims to answer these questions and partner with our valued clientele to bridge the gap and ensure that they are not simply wasting their funds on aimless training that reaps no return.

This can be achieved by conducting a simple- training needs analysis in determining the potential skills and most pertinently, ATTITUDE gaps that may exist within your teams.

Nicole Smart
Corporate Trainer For Management and Leadership Development; Executive Coach; NLP Practitioner and Guest speaker