What is a Training Strategy?
A training strategy is a comprehensive plan outlining how to increase employee knowledge, skills, and satisfaction. This plan typically includes objectives, actions to achieve those objectives, and specific targets to measure the success of those actions. It is designed to help organizations increase their employee engagement, loyalty, and retention.
What's included in this Training Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Training Strategy template for?
The Training Strategy Template is for leadership, HR, and People teams who want to create an effective training plan for their company's employees. It helps these teams focus their efforts in the right direction to maximize their training program's success.
1. Define clear examples of your focus areas
A focus area is a broad area of training that you want to improve in your organization. Some examples of focus areas are Professional Development, Employee Retention, and Company Culture. Each focus area should have its own set of objectives, actions, and targets.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals you want to achieve within each focus area. They should be SMART goals – Specific, Measurable, Achievable, Relevant, and Timely.
Examples of some objectives for the focus area of Professional Development could be: Increase employee knowledge and skill sets, and Increase employee satisfaction with training.
3. Set measurable targets (KPIs) to tackle the objective
The key performance indicators (KPIs) are the measurable targets you set for each objective. For example, for the objective to ‘Increase employee knowledge and skill sets’, you could set a target to ‘increase the number of employees trained’. This helps you track your progress towards achieving your objective.
4. Implement related projects to achieve the KPIs
Projects (or actions) are the steps you take to reach each of your objectives. For the objective to ‘Increase employee knowledge and skill sets’, a related project could be to ‘implement a comprehensive training program’. This could include creating online courses, hiring a professional training team, or organizing workshops.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform helps you implement your training strategy quickly and easily. It allows you to track progress on your objectives and KPIs and manage projects with ease. It is the perfect tool for any organization looking to get the most from their training strategy.