In today’s rapidly evolving business landscape, staying competitive and maintaining a skilled workforce are crucial for success. Training and development play a pivotal role in achieving these objectives. However, many organizations face the challenge of dedicating adequate time, resources, and expertise to effective training programs. This is where outsourcing training can provide a strategic advantage. In this article, we see why companies should outsource training now.
Why You Should Outsource Training
1. Expertise and Specialization
Outsourcing training allows companies to tap into the expertise and specialization of training providers. These providers often have a team of dedicated professionals with extensive knowledge and experience in creating effective training programs. They stay updated with the latest trends, methodologies, and technologies relevant to the industry.
According to a study by Training Industry, Inc., 86% of organizations believe that external expertise enhances their training programs significantly (source: Training Industry, Inc.).
2. Cost-Effectiveness
Next, developing an in-house training program can be costly due to expenses related to infrastructure, hiring, materials, and technology. Outsourcing training allows companies to control costs effectively as they pay for the services rendered rather than investing in an entire training infrastructure.
Research by Deloitte suggests that outsourcing can help companies save up to 40% on training costs (source: Deloitte).
3. Focus on Core Competencies
By outsourcing training, organizations can redirect their time and resources towards their core business functions. This enhances overall productivity and efficiency, as the company can allocate resources where they are needed the most.
A study by McKinsey & Company states that focusing on core competencies is essential for competitive advantage and growth (source: McKinsey & Company).
4. Flexibility and Scalability
Outsourcing training provides flexibility in scaling training efforts up or down according to the company’s requirements. Whether it’s accommodating a sudden increase in staff or adapting to market shifts, outsourcing allows for quick adjustments without compromising the quality of training.
An article by HR Technologist emphasizes the importance of scalability in training programs to adapt to organizational changes (source: HR Technologist).
5. Access to Advanced Technology
Training service providers often have access to cutting-edge technologies and tools that may be expensive for individual companies to acquire. By outsourcing training, organizations can leverage these technologies without investing heavily.
A report by Training Industry, Inc. highlights the role of technology in enhancing training outcomes (source: Training Industry, Inc.).
Need help to outsource training?
Lastly the decision to outsource training is a strategic one yielding numerous benefits for companies. It enables organizations to access specialized expertise, reduce costs, focus on core competencies, scale training efforts, and leverage advanced technology. By partnering with the right training providers, companies can enhance the skills and knowledge of their workforce, ultimately driving business success.
Wheeler Management Group provides online, on-demand training in several knowledge domains. If you outsource training, you need a strategic partner who understands the student-centric journey from exploration to demonstrating mastery in linear, adaptive ways. Give us a call to discuss custom course development, online, on-demand training and learning management systems, or managing your current LMS. Learn more about how we shorten the road to training success on our Training page.
Call us today at (904) 468-7659 or email sales@wheelermanagementgroup.com.
To Your Success,
Bill Wheeler
William Wheeler is a consultant, storyteller, teacher and IT expert. He has been a national subject matter expert for several universities and has written dozens of college level courses and is a published author.
William R. Wheeler, CEO/Principle Consultant
Wheeler Management Group
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