logo
#

Latest news with #SageInc

Building A Successful Corporate Technology Training Program
Building A Successful Corporate Technology Training Program

Forbes

time12-05-2025

  • Business
  • Forbes

Building A Successful Corporate Technology Training Program

Kathleen Hurley is the founder of Sage Inc., a tech company that offers SMB businesses infrastructure solutions and next-gen technology. getty Today's rapidly evolving technology landscape demands effective corporate training programs to maintain a competitive advantage. Companies with comprehensive learning programs benefit from 'increased innovation and adaptability,' 'higher retention' and 'reduced hiring costs.' Yet, despite the benefits, many organizations struggle to implement training programs that keep pace with technological advancements. This article explores how to develop and implement a successful technology training program, drawing from industry examples and research. The first step in building an effective program involves conducting a thorough skills gap analysis. The process requires evaluating current capabilities against future technology requirements. Companies like Microsoft utilize skills mapping tools and regular assessments to identify workforce capability gaps, ensuring training investments align with strategic goals. Smaller organizations might find success by identifying needs within teams as well as identifying standout performers who can train on those needs. In my experience, elevating a star performer while meeting the needs of a group to raise a skill profile is something that has brought success to small and large organizations. Corporate training programs must balance theoretical knowledge with practical application. Salesforce's Trailhead program exemplifies this approach, combining micro-learning modules with hands-on projects. According to Salesforce's fiscal year 2024 annual report, the platform has trained over 6 million professionals globally via its Trailhead program, which provides personalized, self-paced learning. Research indicates that experiential learning elements increase knowledge retention by up to 75% compared to traditional lecture-based approaches. Google's peer-to-peer learning model, which emphasizes project-based assignments and real-world scenarios, is another example of how hands-on training enhances skill development. One component that all successful platforms incorporate is the ability to measure success. Understanding where the best outcomes are reached through surveys, measuring outputs or determining skills increases in other ways is all valuable. Without the opportunity to develop that understanding, there is less incentive to maintain and add to a training program. Modern technology training programs typically employ a hybrid approach, which aids in making learning more accessible. Harvard's study on corporate learning supports this, showing that 61% requested learning that aligned with their individual skill gaps. Employees tend to prefer a mix of traditional and modern teaching techniques that help target their specific needs. The study also shares that 86% of employees report that learning happens in shorter bursts, rather than long study sessions. Bringing your training program into the day-to-day work can help elevate employee engagement with courses. Companies such as IBM leverage digital learning platforms to facilitate continuous upskilling. IBM's AI-powered training programs offer adaptive learning paths based on employee progress, ensuring knowledge is retained and applied effectively. A well-structured training program should include clear performance indicators to measure its effectiveness. AT&T's reskilling program, which invested $1 billion in employee training, tracks multiple success metrics, including certification completion rates and internal mobility statistics. To remain competitive, organizations must ensure that training programs evolve alongside emerging technologies and industry demands. McKinsey & Company reports that 87% of companies currently face or anticipate skills gaps within the next few years. Further, 53% believe that re-skilling their workforce is the best way to address the anticipated skill gaps. I agree with them—building upon your foundation and reinvesting in your team will be key in addressing necessary adaptations to technological changes. Participation is one aspect that should be measured, but understanding the outcomes of a training program takes a nuanced approach that can measure the actual skills increases of the participants. In my experience, this is the key component that leads to the development of a strong and successful platform that can grow. Successful technology training programs require careful planning, flexible implementation and continuous evaluation. Organizations that invest in comprehensive training initiatives see returns in productivity, employee retention and business performance. The key lies in creating adaptable programs that evolve with changes in technology while at the same time maintaining focus on practical skill application and measurable outcomes. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store