SKILLS TRAINING FOR INDUSTRY
August 15, 2016
Industrial Skills Training is a branch of training designed to develop the skills and knowledge required of workers in the process and manufacturing industries.
Skills training in the process and manufacturing industries has grown in importance as processes within the plants have become more and more complicated.
The Manufacturing Institute in a recent “Manufacturing Skills & Training Study” provides some statistical insight:
U.S. Manufacturers Continue to Experience a Skills Shortage
• 80% of manufacturers report a moderate or serious shortage of qualified applicants for skilled and highly skilled production positions.
Skills Shortages are Causing Significant Impacts to Company Earnings
• More than 70% of manufacturers report at least a 5% increase in overtime costs and nearly one-third report a greater than 10% increase in overtime costs.
• Nearly two-thirds of manufacturers report at least a 5% increase in production downtime and production cycle time.
• The total cost to manufacturers of skills shortages are up to 11% of net earnings.
Manufacturers are Spending Significant Resources on Training the Workforce
• Manufacturers invest approximately $3,000 in training for each new hire.
• Manufacturers spend approximately $1,500 per employee in training each year.
However, it is important to remember that identifying the goals for training initiatives has always been the easy part. What is far more difficult is identifying the learning culture of the individuals to be trained and, then, leaving one’s prejudices behind as a search is conducted to find “the perfect fit” that will allow those individuals to successfully reach organization goals.
As we’ve reiterated many times, video-based courseware with optional full audio is far and away your best chance to accomplish those goals. If, for no other reason, most information and learning comes to us today through television, tablets, smartphones and computers — today’s dominant learning culture.
We’ve got the means to effectively attack our manufacturing skills shortage. We need to use it!
More on Wednesday – – –
— Bill Walton, co-Founder, ITC Learning
www.itclearning.com/blog/ (Mondays & Wednesdays)