Unleashing Retention and Development Strategies with Max Holvik

In this episode of Training Unleashed, host Evan Hackel sits down with Max Holvik, a seasoned expert in the field of training and development. Max shares his insights on the importance of training as a tool for employee retention, particularly among younger generations. They discuss the role of training in fostering a growth mindset and the value of having a structured training plan.

Key Discussion Points:

  1. Value of Training in High Turnover Environments:
    • Training as a retention tool, especially for younger employees who value growth and development opportunities.
    • The importance of engaging and career-oriented training programs to motivate employees.
  2. Generational Differences in Training Needs:
    • Younger generations’ appreciation for continuous learning and career development.
    • How companies like McDonald’s have successfully retained employees by offering comprehensive training programs.
  3. Challenges and Solutions in Employee Turnover:
    • Case study of a restaurant chain with 65% turnover and the realization that better hiring and compensation practices are essential.
    • Examples of successful companies like Costco and Chick-fil-A, which invest in their employees through better pay and career opportunities.
  4. Cost-Effectiveness of Training:
    • The economic benefits of training and retaining motivated employees versus the costs of turnover.
    • The importance of cultural fit and motivation in the effectiveness of training programs.
  5. Collaboration Between HR, Training, and Operations:
    • The need for a true partnership between HR, training departments, and operations to achieve successful outcomes.

Special Offer:

Max offers a limited-time opportunity for the first 20 listeners who reach out to receive a hard copy of “Kirkpatrick’s Four Levels of Training Evaluation,” a fundamental resource for anyone in the training industry. Contact through either company’s website or via email at [email protected].

Max Holvik emphasizes the importance of having a clear training plan and roadmap to achieve desired outcomes. His final tip is to understand the objectives and restrictions upfront to create effective training programs.

About Guest:

Max Holvik is the founder of two companies: Training Systems Design and Learning Staff. Training Systems Design specializes in creating custom training solutions for large corporations, having developed over 1,000 courses. Learning Staff provides staff augmentation services, offering professional learning personnel to clients on a short-term basis.

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2024-08-07T11:28:21-04:00August 7, 2024|
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