L&D planning

It is a good idea for firms to invest in learning and development (L&D) for a number of reasons. It helps employees keep up to speed with their professional skills and knowledge and adapt to new technologies. It helps to provide a good service for clients and it can aid talent attraction and retention.

It is also important to consider the training requirements of relevant professional bodies and accreditation schemes.

Formulating an L&D policy

An L&D policy outlines a firm’s philosophy towards the development of its employees.

The policy should be closely aligned with the business goals and objectives of the firm and should represent all areas of the firm, including support departments. It generally covers:

  1. purpose and scope

  2. business priorities

  3. L&D priorities

  4. training standards and expectations

  5. how

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