Developing Your People: Mind Your Own Business – Episode 44

by | Nov 8, 2021 | Mind your own business | 0 comments

This week, one of the most important K.P.I.s in your business!

Do you think that your team is one of your most important assets? Do you believe that your team needs to develop in order to support the growth of your company? Do you think that people can be happier and more effective in their roles if they are given the right skills and training to do so? If so, I’ve got an important question for you. How many hours in total were spent on training last month in your business?

I reckon that this could be one of the most important K.P.I.s for growth businesses. Time spent training across all of your different team members. Now it doesn’t always have to be external training. In fact, I think internal training is one of the cheapest, most under-utilized resources out there. We are all very, very concerned at the moment about attracting the right talent into our business. What are you doing to make sure that you upskill your people so that as your business grows and develops, they can help support that growth with their additional knowledge and skills, and experience?

Trying to fill that with external people all the time is going to be a very difficult thing to do, and as the Managing Director of your company, you need to make sure that this is a top priority as your business grows and develops over the coming years So, what do you need to do about your training and development over the weeks and months to come?

See you next time on “Mind Your Own Business.”

If you’re looking for more small business tips, then we’d like to see you every week on “Mind Your Own Business,”

Marco Soares is an award-winning business coach in Sussex and is available if you’d like help implementing these tactics.