Revolutionize Your Training Programs: Insights from Elena Agaragimova
Training budgets often feel like a black hole. Globally, companies spend $395 billion annually on training, yet employees retain just 7% of what they learn after one week. So how do you make training effective and impactful?
In this episode of the 4M Strategies™ podcast with Carl J. Cox, CEO of 40 Strategy & 40 Accounting talks with Elena Agaragimova, an expert in learning and development, to explore how organizations can rethink their approach to training.
Why Most Training Fails
Elena reveals the common pitfalls of corporate training programs, including the lack of reinforcement and alignment with real organizational challenges. She challenges businesses to ask a critical question before investing in training: Is this the right solution?
Building a Learning Organization
To make training successful, companies need more than one-off events. Elena emphasizes creating a culture of continuous learning, including:
- Peer Learning Groups: Monthly or quarterly sessions where employees share insights.
- Mentorship and Coaching: Equipping managers to guide their teams in applying new skills.
- Reinforcement Systems: Embedding training into performance reviews and daily workflows.
Practical Tips for Success
Elena provides actionable strategies for leaders:
- Evaluate Training Needs: Ensure training aligns with your organization’s goals.
- Reinforce Learning: Develop systems to support ongoing application of new skills.
- Embed Learning in Culture: Make continuous development part of your company’s DNA.
Why It Matters
Without a focus on reinforcement and continuous learning, training becomes a wasted investment. Elena’s insights provide a roadmap for turning training programs into powerful tools for growth and development.
Don’t let your training budget go to waste. Listen now to learn how to build a learning organization that thrives in today’s fast-paced world.
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