• PGP in New Age Banking
    Co-created with Imarticus Learning
    4.8 out of 5 by 669 learners
    4x Industry Demand
  • POST GRADUATE DIPLOMA IN MANAGEMENT
    Co-created with BIMTECH
    4.8 out of 6071 learners
    2x industry demand
  • MBA in Investment Banking
    Co-created with Jain University
    4.5 out of 5 by467 learners
    2x industry demand
  • MBA in Fintech
    Co-created with Jain University
    4.4 out of 5 by 349 learners
    2x industry demand
  • MBA (Distance) in Banking and Finance with NGASCE
    Co-created with NMIMS
    4.7 out of 5 by 669 learners
    4x Industry Demand
  • Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1421 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.6 out of 5 by 1139 learners
    4X industry demand
  • PGP in Banking and Wealth Management
    4.6 out of 5 by 1429 learners
    3X industry demand

Why are management development programs competitive differentiators in 2022?

The role and importance of personnel training have never been sufficiently acknowledgedevelopment programsd. This seems set to change.

Increasingly, employees value the avenues for Learning and Development (L&D) provided in an organization to be a key factor in their choice of a business to work for.

The competition for top talent is intense and is set to heat up further. A recent study found that in 2022 and onwards, L&D and management development programs are set to provide businesses with competitive differentiation across industry sectors.  

The key findings of the study include:

  • A majority (67%) of HR teams have been provided with an enhanced L&D budget in 2022
  • Nearly half (46%) of businesses have specific training programs for fresh inductees
  • A significant majority (77%) of HR managers plan to pursue life skills training within the next year
  • 42% of HR managers plan to run customized programs for the re-entry of former employees

The findings of the study, specific to employees, include:

  • There is a high level of satisfaction (75%) among employees about L&D programs in their organizations
  • More employees(76%) are likely to continue in organizations that offer opportunities for continuous learning
  • Many(55%) employees felt that additional training would help them improve their performance
  • 38% of employees opined that training needs to be aligned with the responsibilities of their roles
  • Nearly half the employees, in addition to workplace training, nearly half the employees also pursued training through outside agencies

 

It is quite evident from the study findings that corporate learning and development programs are slowly gaining their deserved place in the spotlight. The availability of management development programs is a key benefit sought by current and prospective employees. Management development programs provide competitive differentiation, and this trend is poised to gain further momentum.

Personalization of L&D

Modern workplaces are global and are characterized by diversity in races, genders, religions, regions, sexual orientations, etc. A cookie-cutter approach to training would not work in such circumstances. For example, if an online sales training course were to be conducted. In that case, the millennials and Gen-Z might be comfortable with digital tools for delivering training, but the older lot might feel intimidated. Progressive organizations recognize this and are personalizing training based on the generation to which the employees belong.

Impact on Retention

According to the above study, most employees (76%) said that learning opportunities would motivate them to continue working for the organization. Training benefits the organization because trained employees with higher skill levels will deliver superior work. Training also benefits the employees by elevating their professional standing due to their enhanced skill level resulting from workplace training.

Increased Effectiveness

For training to be effective, it needs to be relevant to the employee’s role, needs continual updates, the curriculum developed needs to incorporate employee inputs, and should be broken into shorter sessions.

When employees have a say in the curriculum, training is not delivered just to tick some boxes. Allowing employee participation signals that the organization truly cares for the employees’ opinions. As the study found, if the employees perceive training to be ineffective, they will seek training outside the organization, which could adversely impact retention.

Final Thoughts

Increasingly, businesses are partnering with specialized L&D service providers such as Imarticus Learning. Such partnerships provide cost savings, increased efficiency, and a significant competitive advantage.

corporate training and development programsImarticus has trained, through its corporate leadership development programs, over 35,000 professionals from leading firms such as IBM, KPMG, Genpact, Moody’s Analytics, Motilal Oswal, etc., to name a few.

Managed learning services partnerships are on the rise. Such specialized services help businesses stay current with the developments in their industry and gain a competitive edge in today’s hyper-competitive business environment.

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Placement Program
    PGP in New Age Banking
    Co-created with Imarticus Learning
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    8th Jan 2022 Live Instructor - Led Training Online
    Date Location Schedule
  • Finance
    POST GRADUATE DIPLOMA IN MANAGEMENT
    Co-created with BIMTECH
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 6071 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    Live Instructor - Led Training Online
    Date Location Schedule
  • Recent Graduates
    MBA in Investment Banking
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by467 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Fintech
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.4 out of 5 by 349 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Placement Program
    MBA (Distance) in Banking and Finance with NGASCE
    Co-created with NMIMS
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    8th Jan 2022 Live Instructor - Led Training Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1421 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    27th November Live Instructor - Led Training Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    2
    Organizations enrolled
    20
    4.6 out of 5 by 1139 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    13th February ONLINE Weekend
    Date Location Schedule
    29th May ONLINE Weekend
  • Post Graduation
    PGP in Banking and Wealth Management
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1429 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    21st October CHENNAI Weekday
    Date Location Schedule