What is a learning culture and why is this important for the growth of your business?
Think of a learning culture as building a growth mindset. Simply put, it's about creating a company culture that is built on continuous learning for both your employees and yourself. As a business owner, this means understanding that intelligence and abilities can be developed over time with the right approach. Having a growth mindset will move your business forward, while positioning your brand and your people towards success. If that's not enough, here are five reasons to build a learning culture.
A learning culture...
1. Motivates performance and increases engagement by supporting employees with the opportunity for personal and professional growth. Learning experiences, such as, training seminars, will allow your employees to gain new skills to use on the job. As a result, you may find an increase in efficiency, productivity, and profit. 2. Improves employee retention by creating trust. When you provide continuous learning opportunities, you are investing in the growth and development of your employees and of your business. You are providing value. In return, feelings of satisfaction often translate into an increase of loyalty to your company. 3. Cultivates leadership and emotional intelligence by providing employees with a higher sense of personal worth. Building the skills and abilities of your employees will allow them to take on greater responsibility and pride for the work they do. 4. Establishes a competitive advantage by staying relevant. Providing your employees with the resources and experiences to continuously learn, means that you have the ability to overcome challenges to perform in a dynamic marketplace. Keeping ahead of competition also shows clients, partners, and potential hires that you are a top performing business. 5. Drives innovation by embracing new knowledge and encouraging new ideas. This is a key driver to keep your company ahead of the game.
Commit to Learning
We'll leave you with a few words from Peninsula's Founder, Peter Done: "If there's anything I've learnt in my fifty years in the business, it's that there's always more to learn. One of the defining characteristics of truly successful entrepreneurs is that they keep learning throughout their careers." ...and you should too.
