The increasing value of employees…the ' knowledge' age.

In 1980, employees accounted for 30% of corporate tangible assets. Dramatically, by 1999 employees accounted for over 70% of corporate tangible assets (Forrester Research, 1999). With so much value locked up in your people, continuous improvement has moved from buzz word to business imperative. Your people are your most powerful lever in the pursuit of sustained competitive advantage.

Two fundamental principles underpin WTAA’s approach to workplace training and development initiatives:

	Your people represent your greatest opportunity for sustained success; and
	Training and development interventions must be well-planned, skilfully delivered, and have the genuine buy-in of all stakeholders

Considered thought leaders in their field, WTAA assist businesses to develop foresight whilst overseeing development interventions that provide measurable returns.

Over recent years, we have witnessed the dramatic growth of formal workplace training and development initiatives. However, despite the positive intentions of many managers in driving this growth, investments are yielding disappointing returns.

Cross-industry analysis of training outcomes suggests that only 20-30% of all training is actually being applied on the job 30 days following delivery. This suggests that billions of dollars are being poured into training simply for trainings sake.

Employee development initiatives should be tightly aligned with business objectives. Successful training means compelling and measurable business outcomes.

Whilst an inordinate amount of workplace training is failing to deliver satisfactory results, it’s not all doom and gloom. For organisations prepared to engage fully in the development process, results are consistently strong. For these organisations, training interventions are an integral and successful part of their operations.

	Careful analysis and responsiveness to both individual and organisational needs
	Commitment to achieving stakeholder buy-in
	Skilful and professional facilitation of training interventions
	Reliable and robust post training evaluation
	Alignment of training needs with budget reality