Partner’s Perspective: Is Investing in Your Team's Development Worth the Trouble?

Just this October, we held an in-house training focused on debt and credit control skills. While watching our team engage, I was reminded of a perspective I came across recently: some believe that small companies should avoid investing in staff training, fearing that talent will be poached by larger corporations. The advice? Leave training to bigger companies and avoid the risk.

At Syarikat Ong, we strongly disagree with this mindset.

While I recognise that the scenario does happen, I strongly believe that talented individuals are more likely to stay with a company that offers them room to grow and progress. Let’s be honest. People do prefer to stay with winners or those on the path to winning. As an employer, as a business, you must always strive to grow, to progress, to drive towards winning in the long run. In the business world, if you don’t move forward, you are going backward.

To ensure we continue to move forward, we must strategise for the long term, proactively. Merely reactively respond to the business dynamics won’t do, especially not in retaining talents. People get inspired by a coordinated and refined strategy towards a purposeful vision.

And once you set a strategy and a vision, Communicate, Communicate, Communicate. Never be afraid to over-communicate. A high jumper can’t jump without seeing the bar. Talents need clarity in the vision of the company, and only then will they stay and strive for excellence and innovation.

I believe that a clear, compelling AND well-communicated vision is key to retaining talents, maintaining momentum and achieving long-term success.

#SyarikatOng #EntrepreneurialSpirit #BusinessGrowth #TalentRetention #VisionForTheFuture