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Five strategies to develop profitable professional training business

PSB

While it can feel challenging to increase profitability in a training business, often, the most straightforward ideas can help increase profitability. So, are you ready to create a more profitable training business? Below are five strategies that will grow your training business and help you effectively run a training business.

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Using a Learning Management System to Cross-Train Employees

Netchex HR Blog

Athletes who cross-train become stronger and faster by using their muscles in different ways. Employees can get similar results in the workplace through cross-training. Instead of training in only the skills an employee uses daily, cross-training encourages staff to: Learn about tasks that are performed by colleagues.

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How To Create a Training Plan That Works

PeopleStrategy

This can be a major hindrance when training new employees no matter the time of year. Having a proper training plan in place ensures that employees understand their job scope, have the right skill sets to do their jobs, and are set up for success. Those answers are the objectives for the training program.

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Future-Proofing Your Career: Job Skills for Success in the AI Era

Netchex HR Blog

Before using generative AI for HR, make sure you learn how to manage security risks. With insufficient training data or flawed inputs, documented AI “hallucinations” include nonsensical answers and complete fabrications. Invest in a Learning Management System (LMS) with a library of remote courses on different subjects.

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10 Best LMS Platforms to Create Employee Training Courses

HR Stacks Blog

What is a Corporate Learning Management System (LMS)? Software platforms known as corporate learning management systems (LMS) provide the administration and delivery of training programs to company employees. Here, we will discuss the top 10 tools that help to create Corporate Employee Training videos.

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Discover The Best Partner Training Software

PSB

Partner training software, also known as partner education software or partner LMS, allows businesses to teach and educate their partners on their goods and services. But how do you know which Training LMS to choose? What is Partner Training LMS? Partner organizations can also use this system to train their staff or members.

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The 9 best ways to improve employee productivity in 2023

Achievers

But viewing employee productivity as a simple equation of how many tasks are performed over X hours or days won’t get you very far. Real insight into productivity — and how to improve it at your company — requires assessing harder to measure aspects of each employee’s work, accounting for their specific role and responsibilities.