For the companies being sold to investment firms, many will not be around in five to ten years. They will be sold, or may go under completely after all of the assets have been striped of any redeeming value. As far as an investment firm is concerned, the longevity of the company is not important, the short-term profits are.
To fulfill these profit goals, the investment firms will make massive staffing and payroll reductions. They reduce the employee hours to about as minimum as what they can get away with. Employee benefits are next to go. What you are left with are employees who are viewed as disposable assets, instead of valuable ones. Needless to say, employee training and development whether it is in the form of computer based learning, seminars, workshops, or one on one development is non existent.
Depending upon which side of the coin you are on, this is either a completely brilliant or completely inane business strategy. The deciding factor falls within what you want the longevity of your business to be.
For companies who are looking for longevity, treating employees as assets to be nurtured and developed is essential.
The more training employees have, they more they will feel in control, and valued. They are more willing to go the extra mile for the business, and want to further their own growth and development as an employee. This makes your business profitable for the long haul.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.