Tag: commercial training
-
Effective Business Simulation Training for Professional Services (Consultancy) Sectors
Professional services, particularly the consultancy sector, play a crucial role in the growth and success of businesses. In order to deliver the best results for clients, it is imperative for consultants to possess a deep understanding of industry dynamics and operating models. This is where business simulation training comes into play, offering a powerful tool…
-
How can commercial skills support young professionals at your business?
Commercial skills encompass the ability to understand what attributes contribute to the success of an organisation or business. Commercial awareness allows your workforce to understand the ‘why’ behind the tasks they undertake and allow them to work towards the overarching business goals. In order to successfully develop future leaders and motivate the younger workforce, employers…
-
The importance of commercial skills in management development
Commercial skills and awareness are often considered essential by employers but are not always a measurable skill. Commercial awareness is classed as the ability to develop an understanding of what makes organisations successful. This can include the process of buying or selling products or the supply of services to a specific market. How can you…
-
The 5 key benefits of commercial skills training
You may think ‘commercial skills training’ is just the latest buzzword amongst HR and training professionals, but in essence, commercial skills training is a fundamental part of ensuring your employees have the commercial acumen needed to benefit the key functions of the business. Commercial skills training provides each employee with insights into how the business…
-
Utilising gamification methods in workplace training
Predicted as a top trend in 2016 Gamification has been in the spotlight for a number of years and its popularity in 2017 is set to rise. While it is failing in mainstream popularity, its presence within commercial skills training is constantly increasing. What is Gamification? Gamification is the concept of applying game mechanics and…
-
Talent management and tailored training solutions
Many businesses put a high emphasis on attracting and recruiting talented individuals, but developing, managing and retaining them is of equal importance. Strategically managing the talent of your employees is invaluable to any business; contributing not only to staff retention, but also engagement and high workplace performance – adding subsequent value and return on investment.…
-
What is a commercial decision?
Commercial decision making is one of the current business buzzwords surrounding HR, recruitment and training. But what is a commercial decision, and why should organisations, regardless of whether they are a commercial enterprise, government department or not-for-profit charity take an interest? What is a commercial decision? A commercial decision is any decision that creates value for…
-
5 commercial skills that are crucial to employee development
Giving your employees the skills they need to positively impact the business, as well as understanding how their behaviour and performance can lead to financial and performance enhancements is becoming increasingly important. Employees who are commercially aware add value not only in their own role but company-wide. If there is a combined understanding amongst a…
-
How to beat the baby boomer retirement crisis
A key problem facing businesses and organisations of all sizes in the coming years is the mass departure of the baby boomer generation as they hit retirement age. How businesses deal with and implement strategies to alleviate the consequences this workforce exodus will create will prove decisive to their future success. The implementation of development…
-
Recruiting, engaging and retaining talented millennial employees
Aged roughly between 18 and 33 today, the millennial generation is already playing a key role in organisations worldwide. Set to account for 75% of the workforce by 2025, their influence across global business is growing by the decade. So how can you recruit, engage and retain millennials – the first generation of digital natives, and…