NEWS - 12/07/2010
E Learning Solutions Can Prevent Corporate Insolvencies
Bad management or incompetence of company directors is to blame for nearly 60% of corporate failures, which e learning solutions can prevent.
The poll of insolvency experts by insolvency trade body R3 also revealed over half of its practitioners think all directors should receive mandatory financial education before they even open a business.
"Regardless of the economic circumstance, no business will survive with poor management in place. I have seen a good workforce let down and sometimes laid off due to management which do not admit and correct their mistakes," said R3’s President Steven Law.
"Clearly it would not be practical to educate every director before they are appointed, but there must be enough checks and balances to ensure that directors of failed companies should not put creditors and jobs at risk if they are allowed to repeat their mistakes."
E Learning Solutions for Business
A proven method to increasing employee engagement is via online academy style training. Channel academy style training programs can include online training in areas such as self-awareness, communication, problem-solving and decision-making, planning and time management, as well as leadership ability.
Additional elements such as sales training can be incorporated too, to include sales management and telemarketing skills, as well as product knowledge training.
Online training via elearning services is one of the most cost-effective and proven methods to successfully educate employees in vital engagement and management skills techniques.
Find out more about elearning solutions from Growth Engineering. Telephone: 01753 840 331, Email: info@growthengineering.co.uk