But why?

Encouraging new thinking with a solid training and development programme increases employee engagement and retention, which gives your company a competitive edge.

If you want to be a leader in your area, you must be able to identify and respect your employees as your company’s most significant asset. According to Training Magazine’s 2020 Training Industry Report, the typical employer in the United States spent $1,111 per employee on training this year, down $175 from 2019.

After all, it’s no secret that the more well-trained an employee is, the more enthusiastic they are about performing their duties. This enthusiasm leads to greater production and income for the organisation. It’s also no secret that the costs of losing talent, including lost productivity, recruitment fees, training investments, onboarding processes and cultural impact, are integral to a company’s success.

That’s why employee training and development are paramount topics for professionals hoping to achieve sustainable growth and industry recognition.

Good training and development programs help you retain the right people and grow profits. Employee training and development programmes are more crucial than ever as the competition for top talent is heating up. At Appinventiv technologies, we do realise that hiring great talent costs time and money, and how you engage and develop that talent from the moment they join the company has a tremendous impact on retention and growth. According to the Workplace Learning Report from LinkedIn, 82% of professionals say that their executives actively support employee engagement in professional learning, and 59% say they will spend more on their online learning budget.

We believe that it’s not just about retention. Infact, employee training and development programs directly impact your bottom line, the link between learning and business success is compelling. “Companies that learn fastest and adapt well to changing environments perform the best over time,” says Edward Hess, a professor of business administration and author.

Top companies invest in training programmes because they understand the return on investment for both individuals and organisations. Here are a few examples of what I’m talking about. It offers higher employee motivation, improved engagement, and improved productivity, speed, and competency for businesses, as well as lower employee turnover and deeper talent succession pipelines for individuals.

Training keeps you up to date on the latest developments in your field and allows you to stay ahead of the competition. People love to work for companies that are invested in their long-term growth, therefore it will help you attract top talent. However, you should never provide training and development simply for the sake of doing so. You must provide the type of training that will genuinely make a difference.

So how can you identify your employees’ training and development needs? At Appinventiv custom software development company, we follow a pre-curated program for taking our employees through effective training & development and fill the skill gaps.

Tools for Employee Training

Different organizations have different training approaches, while most of them have a mix of the following programs. The following are the most common approaches to Employee Training and Development.

Emerging Trends of Innovative Training Approaches

Various disciplines are being used by businesses to foster a culture of learning and development. Employee training and development activities in HRM have spawned a slew of new ideas. Training programmes are created in such a way that they can be accessed by a bigger number of employees while still remaining a relatively one-on-one experience.

The aid of artificial intelligence, influenced by the elements of disruptive technologies, is now used to train employees, making learning meaningful and exciting.

1. Gamification

A visually engaging environment that simulates a real-world work challenge and offers a solution. Additionally, this is the first of its kind to provide employees with a taste of real-world work scenarios. As a result, the modules are assessed for winning or losing remarks. Gamification promotes better comprehension and confidence in dealing with real-world circumstances. 

2. Feedback Oriented Training

A feedback system ensures that emerging approaches are better facilitated. Feedback Oriented Training guarantees that what hasn’t worked in the past is identified, as well as any potential gaps that may be identified and addressed in future programmes.

3. E-learning

For the geographical breadth of deployment, e-learning is the quick fix training approach. Global organizations focus on best practises and use an e-learning platform as a one-stop shop for training. Through this technique, the training database may be accessed as many times as needed without the need for a physical trainer, lowering the expense of repetitive training.

4. Share Employee Success Stories

When an employee does commendable work, make it a point to appreciate publicly. Appreciating and rewarding the jobs well done and the right behaviour can also be categorised under training and development in HRM. It inspires others while guiding an employee.

In fact, L’Oréal created the first employee onboarding software in the world. The software reaches 10,000 new hires each year and is available in 11 languages, assisting them in better understanding, decoding, and mastering their business culture. New employees must perform real-life “missions” that put what they’ve learned into practice.

Now, before you go asking your technical staff to construct a corporate learning mobile app, think about what this example means for your specific circumstance and the prospects for improved employee training.

Not every innovative staff training option will be ideal for your business. There are several approaches to e-learning programs for employee training, as described above. Some approaches will work for your workforce, while others may not. Appinventiv mobile app development believes that this ambiguity, on the other hand, allows you to experiment with creative e-learning solutions, until you find the perfect fit.

Conclusion

Whether you hire top talent or not, it is critical to continue training and developing your personnel in order to keep the firm functioning smoothly. Furthermore, the cost of not doing so is just too high. Employees that make it a practise to grow and learn will also outperform those who don’t.Learning is a lifelong journey, and cultivating that in your employees will help make the company more resilient to change. As an HR professional, it is your duty to ensure that the correct employee training and development take place in the organization.

Employee development will help you have a more-rounded workforce and also make you capable of taking up challenging tasks and employee training will help you have better-skilled employees. Hire an expert m-learning app development company to draft the best training programs.

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The pandemic reshaped what consumers buy and how they go about getting it. At the level of consumer activity, the COVID-19 pandemic has powerfully accelerated the uptake of digital technologies. Consumers across countries have reported major increases in the use of digital and low-touch activities across categories like delivery services, at-home entertainment, education, food, staples, shopping, communications, health, and fitness. New and increased users of digital services across the globe have also changed everything from finance, to healthcare, travel, entertainment and what not, taking consumers from hours to minutes to seconds in accessing a service or a product.

Recognising the Opportunities Brought By the Pandemic

It’s clear that digital technology can generate enormous value. The McKinsey Global Institute estimated in 2019 that new disruptive technologies could create some $1 trillion of value in India alone. The evolving digital landscape has been pointing to opportunities for the big companies, as well as small businesses and start-ups. Indeed, the pandemic has come as a wake-up call to embrace advanced technologies. 

The adoption of contactless technologies has driven businesses to rapidly digitize for greater visibility, faster and better decision making, and more effective collaboration among employees, clients and partners. The pandemic has literally jolted executives out of their customary ways of thinking and making decisions, how they respond to the crisis, both in India and worldwide, and have coaxed them to act in unison, and sometimes to unify across sector or competitive lines. One aspect of the response is that central and state governments, municipal bodies, companies, nonprofit organizations, and innumerable individual businesses have come together to find ingenious solutions at the local level.

And this is exactly where we have found an opportunity and paved the way for digital transformation, not just ours but everyone getting impacted in this fight to survive and win against the deadly pandemic. 

Here is How We Started Our Journey and Reached Where We Stand Today With Only a Brighter Future in The Picture

We witnessed an unprecedented change in the way people consume technology whether it is for work, learning, entertainment, routine chores or even just staying connected. The market seemed huge and brimming with opportunities but we needed to figure where and how to start. So we kicked off from investing hugely in research and development by hunting for individuals who could study the market meticulously and give us a realistic picture of which technology and sector to focus on at a particular point of time. 

As a result we found that Banking, Financial Services and Insurance (BFSI) and Healthcare were sectors that grew greatly during the pandemic. We prioritised them and enabled our business with newer arenas to explore during the lockdown along with more digital adoption of technologies such as Blockchain, Artificial Intelligence, Machine Learning and IoT were amongst a few. 

Entrusting absolute belief in our teams, we not only pushed businesses to go digital but also to innovate. Some of our top clients include Ikea, Melltoo, Supertech, KPMG and Domino’s Pizza. Some of our startup projects like Karavan, Gullybeat, Moo, Mutelcor and many other apps have been like a blessing among the consumers, guaranteeing lifestyle improvement. Today, we have over 650+ employees working from India, USA, Australia and UAE. Appinventiv has clocked over 75% growth in revenue in the first half of FY 2020-21 compared to the first half of FY 2019-2020 when the company’s revenues stood at Rs 40 crore. We aim to clock Rs 100 crore in revenue in FY 21-22. 

Now That The Pandemic Has Changed Us, What Else Needs to Change?

The global crisis has disrupted many aspects of people’s lives. One of the lasting effects of this pandemic and the resulting lockdowns across the globe has been the massive shift in working arrangements. Covid-19 has swept the industries and their workplace like a hurricane, scattering employees in every direction, exposing many to new risks, and redefining what each one needs to do in their jobs safely, efficiently, and effectively and giving rise to the new normal of remote work.

Adapting to the new normal

The pandemic has been a fierce and impatient teacher. But what do they say about working under pressure? That sometimes it yields the best out of us. That’s exactly what’s been happening at our company and we can totally vouch for it. In order to make remote work a catalyst for our employees around the world, we evolved our culture to include more trust, compassion for each other along with learning, independence and inspiration to grow.  

The impact of continuing to work from home will be multifold. We are already prepared for the changes that working remotely is bound to get. 

• A more diverse workforce with a mix of onsite and remote staff
• More focus on productivity rather than micromanaging people
• Less focus on the hours clocked in and more on achieving the target
• The constant need to keep the employee morale high
• More attention to cybersecurity for preventing data breach due to remote work
• Better availability of information to enable less dependency and more freedom

It does sound easy but it takes a lot more courage and wisdom to embrace such a massive shift in the workspace culture. We have not only recruited successfully but acquired projects, delivered groundbreaking solutions while maintaining the motivation to achieve which is the utmost for a company to thrive in a crisis.

Indeed, the benefits of working from home have impacted in so many good ways on a global scale that we have definitely made it the best path forward, embracing it by choice not by force. 

Recruitment & Culture

As technology evolves we need to keep abreast. New features and improvements need to be introduced all the time. We ensured to come across as a reliable partner with decades of experience in the field and proven track record. We not only promised but delivered great technical quality, really dedicated developers, curiosity to solve problems, and positivity about the experiences we offer.

Thanks to our contingency plan, we were able to successfully maintain business continuity with a few new policies, as well as financial readiness amid the pandemic. Appinventiv ensured a seamless transition to work-from-home for all our people. Remote working and an agile culture allowed us to sustain 100 per cent operational capacity in less than 24 hours and today we can say that we are truly already acclimatized to the future of work.

We completed our second appraisal cycle in 2020, with an average increment of 22 per cent for a 600+ strong workforce. The Company also rewarded people with performance-linked bonuses for showing utmost resilience and delivering optimum results.

At a time when most companies were cutting costs and downsizing with frequent lay-offs, we continued to hire from remote locations. We ended up hiring 100 people during the lockdown in 2020, and the plan to hire over 300 more is already on the move. We want to grow at a record breaking speed along with each of our employees.

This is not it! We are expanding across the country, opening up to new and bigger opportunities not just for us but everyone else, facilitating a stable environment to work and enforcing the new normal of working remotely. Everyday, we are making sure for a smooth and easy transition for each of our employees to work from home with safety and security. We have come across to position ourselves as a company that recruits talented individuals irrespective of their qualification. Skills have taken the front seat at Appinventiv as compared to degrees.

The coronavirus crisis is a story with an unclear ending. What is clear is that the human impact is already tragic, and that companies have an imperative to act immediately to protect their employees, address business challenges and risks, and help to mitigate the outbreak in whatever ways they can. No matter the size and scale of your business, we make sure that your project is prioritized with a dedicated team of experts to deliver absolutely amazing results with innovative digital solutions. 

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