Training is Your Competitive Edge

Whether you are self-employed or working for a corporation, training is your competitive edge to your future success. It sets you apart from the competition, boosts your confidence, and moves you into future success.

by Pete Ferguson

According to USA Today’s August 10th newspaper, companies are cutting back in training. This is causing a skills gap, which makes it harder for companies to find new qualified workers.

It is a self perpetuating circle. Companies have fewer funds for training, so turnover is higher.

“Firms have grown weary of paying workers to gain skills only to watch them soon defect to competitors.” ~ Susan Cantrell, Accenture consultant.

But I see an upside not mentioned in the article. If you are an employer, the more training you provide, the better you can attract quality employees. If you are self-employed, now is the time to increase your personal development to get an edge on the competition.

“Employers want people to hit the ground running. They don’t want to train anybody” ~ Peter Cappeli, Wharton School of Management Professor.

Even the government has dropped funding this year for training unemployed workers by 16% compared to five years ago.

And if you are an employee, student, or stay-at-home mom or dad, now is the time to open your own ME University for ongoing development and training. Because if you do not open it and start attending, no one else will.

So, how do you start? How much money will you need?

You start today, and given that you are reading this blog online, you already have the internet, so you have all the equipment you need.

Find a topic you have always wanted to know more about. Find articles, blogs, and communities who share the same desire. Pick out someone who has been wildly successful in the field and find out which books they read, which blogs they follow.

Then, keep a journal or blog on what you learn. Much of blog writing is more for the development of the author than the reader. This forum allows me to write, open dialogue, and reference what matters to me today. The other great thing about a blog is that you provide training for others through your own self-exploration.

If you are currently employed, look around you at work. There likely are training programs regardless of cutbacks of which you can and should take advantage. There are always people in your department with more experience, or there are peers within other organizations.

Learn: Identify two areas where you want to further develop. If you are stuck, consider investing in taking the 48 Days Personality Profile. It will help identify your strengths, and where others may perceive you as struggling.

Act: Make a plan to learn more, be more, do more.

Share: Talk to a mentor, be a mentor. Write in a journal or blog to further explore your thoughts.

Credits:

Training Cutbacks Thwart Jobless, Paul Davidson, USA Today. August 10, 2012

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2 thoughts on “Training is Your Competitive Edge

  1. Great article. Despite my academic accomplishments and degrees, I have learned the most valuable information through self-education. I recommend everyone actively seek mentors, resources, and events in your respective or prospective area of competency. By engulfing one’s self in that information, that enables one to become a true, authentic expert.

    My Flexibility Manifesto: Following Your Passion 2 Success
    https://www.createspace.com/3942348

    • Thanks for sharing Leonard. The LIfE degree is one we all obtain, and I have a PhD in DuMb.

      Your bio shows you definitely have a wide variety of experience and knowledge and like all of us, learning as you move forward. If you’d like to guest post on your “flexibility manifesto,” please contact me as I’d be very interested.

      Have a great Thursday!
      Pete

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