Learning and improvement

LEARNING AND DEVELOPMENT
Name
Course
Tutor
Institution
Date
Learning and Development
In an organizational setting, one of the most crucial aspects in management that can never be overstated is the importance of learning and development. In other words, even in our modern age, learning and development are still important as ever. Notably, this is because of the various benefits this aspect of management brings to the organization. Management staffs seek to manage employees in the best possible way to ensure that they get the best out of them. Therefore, it is important for the management to encourage learning and development in their respective organizations. In this regard, this paper seeks to highlight the various reasons why learning and development get considered crucial especially from a management’s point of view.
Learning and development boost employee’s satisfaction and motivation. Notably, this is because continuous learning and development make workers feel valued by the organization. They feel that the management are more concerned with their development and career progression and hence the reason for giving them a chance to develop and grow throughout their careers (Gogos, 2018, 1). As a result, there is improved employee performance. As employees receive continuous learning and development opportunities, they become more confident in their work because of the stronger understanding of their responsibilities and the industry at large (Frost, 2018, 1).
Learning and development lower a firm’s operational cost.

Unquestionable, continuous learning and development opportunities improve employees’ skills, confidence, and competence. As a result, a firm does not get to cater for unnecessary and unproductive mistakes that may result from a worker’s incompetence. Because employees feel motivated, engaged and valued by the company, employee turnover rate reduces considerably thus saving the company unnecessary replacement costs. Other advantages of learning and development include the following. First, it helps the management develop sound working practices that are aligned to the goals of the organization. Secondly, the process ensures top quality attitudes, services, and people. Moreover, learning and development break down destructive silo mentalities, respond to changes with ease and more importantly increase productivity and effectiveness (Gogos, 2018, 1). In sum, from a management’s point of view, learning and development are still important as ever because of the various benefits derived from the process.

Reference ListFrost, S. (2018). The Importance of Training & Development in the Workplace. [online] Smallbusiness.chron.com. Available at: https://smallbusiness.chron.com/importance-training-development-workplace-10321.html [Accessed 20 Nov. 2018].
Gogos, R. (2018). Why is Learning & Development important? [online] Docebo. Available at: https://www.docebo.com/blog/learning-development-important/# [Accessed 20 Nov. 2018].