How Is Innovation Linked to Training and Development?

Companies commonly look for any advantage that can help them excel. One known facet of business success is innovation. When an organization is consistently ahead of the curve, its odds of flourishing go up significantly, increasing the likelihood that it can boost sales, capture additional market share, and capture customer loyalty. While it may seem like creating an innovative culture relies heavily on the innate nature of company leaders and employees, that isn’t the case. Training and development can play a big role. Along with enhancing the capabilities of already innovative thinkers, training and development can help make others more innovative. Plus, innovative training approaches can lead to other gains. When unique, engaging methods are used, knowledge retention can rise. Additionally, it can increase everyone’s comfort level with emerging technologies, potentially making technology-related change easier to manage and spurring new ideas. If you are wondering how training and development can enhance, support, and embrace innovation, here’s what you need to know.