Corporate training is an important way of generating value in the new talent recruited or brushing up the skills of your existing talent. Different learning programs are used for offering corporate training.
Classroom Instruction:
All business training begin by offering classroom instructions. Classroom trainings are effective and impressive in their own manner. They allow conversations and interaction within a formal set up.
Students can interact with their trainers and instructors and can gain insights into different areas. This form of training is used to train new joiners, staff, employees, management and investors.
Advantages:
• Easy exchange of ideas
• Immediate problem solving
• Group and team building activities can easily be organized
• Peer to peer interaction and counseling
• Opportunity to leverage each other’s experience
• Clear flow of instructions and ideas from one party to avoid any discrepancy or differentiation on part of trainer
Drawbacks:
• Only one side flow of thoughts
• Expensive as staff and employees involved in training at company’s expense
• Measuring progress is difficult
• Possibility that all the thoughts on part of trainees might not be shared
• Other costs are involved in the form of recruiting staff and trainers, travel and lodging costs and training material and location cost
• Cost associated with maintaining a training room or a similar facility
• Difficulty in measuring productivity generated out of training
Internet or On-line Training:
Online training is now picking up. It is efficient and can be done without spending too much in company’s books of accounts. It is similar to offering class room instruction exercise. It is another most effective form of offering training to individuals in corporate. It has been made possible because of the constant technological and communication development. Online and internet training are moving a pace faster then ever.
Advantages:
• Most popular means of training in corporate and is widely acceptable
• No additional costs involved except for setting up an online medium
• No training costs involved as compared to the one in the traditional form of classroom training
• Convenient as one can take up training as per their availability and convenience
• Effective form of distributive training
• Global training possible at minimal expenditure
• Self learning possible without the need for having any trainers
Drawbacks:
• One to one interaction not possible
• Immediate doubts can not be solved
• Setting up network infrastructure can be time consuming
• Verification as to who has taken up the training can not be made
Reference Guides & Manuals:
These are nothing but self reading materials and notes distributes to employees and trainees. This can serve as a good reference guide even after the training is over. It is the most tried and easiest. New hired employee manuals, documents, security issues to be addressed etc are always well documented in any organization.