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India Inc appears to warming up to training its executives in effective leadership and execution skills, besides building customer loyalty, sales management and the like.
No more is training looked upon as a paid holiday, according to Mr Rajan Kaicker, Executive Chairman, FranklinCovey- India, part of the US-based global consultancy and training group FranklinCovey which has a presence in over 146 countries.
The India arm has over 200 top notch clients that include blue chips such as Infosys, ICICI Bank, Mahindra & Mahindra, Wipro and Reliance. FranklinCovey-India has 200-plus trainers, consultants, sales professionals and content experts across industry domains.
“Like market cap of a company, executives too look to raise their market cap while on the job. Employees tend to evaluate what the company has done to enhance their potential,” Mr Kaicker said.
On whether training helps curb attrition, he said though there is no direct correlation between the two it does assist in satiating the staff's desire to excel. Many of the forward looking corporates are banking on training to upgrade the skills of their managers as a global perspective is warranted today. India no longer functions in isolation and managers' need to think global has gained great credence, he said.
While multinationals have always taken to training in a big way, family-run enterprises in India too are slowly coming to accept it as a need. Interestingly, a top family-run conglomerate has sought leadership skill training for two of his 14-year-old heirs and his wife to keep the wealth within the fold. The training programmes are designed in sync with the teenagers' needs and proficiency, said Mr Lavleen Raheja, Chairman, FranklinCovey-India.
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