In this fast paced world of business, getting to the finish line the quickest is often the main objective for many companies. However, investing in your staff is also a very wise move… and the wise will tell you that “the journey is more important than the arrival”.
ROI through learning is basically when a company invests in its staff members through training and learning thus making the contributions that these employees add in the organisation worth so much more then when they were initially employed.
Yes headhunting or employing staff with a wealth of experience is a good business decision and can be ideal for short term goals and objectives, as an employer you also would need to consider how long that experienced employee will be with you and if it will be possible to train them into a new direction from their field of specialities. There is nothing more frustrating for most young people in South Africa who have just graduated from varsity yet are unable to find work because they do not have experience.The classic debate over why organisations prefer employees with years of experience over those that are wet behind the ears may take years to resolve however for now there are innovative companies that realise that the company’s true worth lies in the employees that are already loyal to the company.
The best way to ensure longevity from employees is to learn new creative ways of keeping them, such as empowering them through part-time courses and always make sure that relevant educational opportunities are available to them thus helping enrich their contributions to the company.
The wise also know that the best returns on investments are the ones that benefit the company, its employees and all other stakeholders.