Entrepreneur Fito Salume Emphasizes Adequate Training for New Hires
Why companies train their new and existing employees? Typically, this is done for practical reasons — to onboard new hires, keep up with industry standards, and so on. A recent report has revealed that companies in the US spend an average of USD 4.5 Bn on employee training and development. That said, in reality, most of the companies are still unaware of the actual importance of training recruits and the substantial impact it has.
Fortunately, entrepreneur and investor Fito Salume is not among the majority. Running over 50+ companies, including Mister Donut, Sparcol Chemicals & Life SAS, and Limpius Ecotech, Fito truly believes that the performance level of a company is determined by the proficiency and capability of its employees.
The key driving force of training new recruits is to scale up their efficiency and performance. Fito reckons that such training programs equip the employees with the expertise they require to justify their role and make a favorable impact on the organization. The skills they ingrain motivate them to deliver quality results with a lesser turnaround time (TAT).
One of the biggest challenges for companies, according to Fito, is communication. Through training programs, companies can consistently engage with their new hires and allow them to engage back. A two-way communication — wherein ideas and internal workings are shared — helps the employees stay updated about the ongoing industry trends. Fito further highlights that adequate training of recruits makes them more emotionally invested; they care more about their responsibility and are more ready to dedicate their energy and time to their companies.
Inadequate awareness of internal weak points is detrimental to an organization. And Fito believes that training gets rid of this issue as companies can educate their new hires on important subjects that help suppress and prevent any problem. To continue further, Fito advocates that training programs develop a knowledge-sharing ecosystem — employees learn from their management’s and colleagues’ past wins and mistakes. This assures that repeating mistakes are curbed, and employees know the tactics for success.
To wrap up, Fito Salume supports that investing in training and development programs benefits the new hires, their efficiency, and the organization at large. Backed by his stalwart entrepreneurial mindset, the factors he covered above are what companies must look at to lift their companies to the next level.
