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Is there a case for Staff Development?

A story is told of a CEO who was quizzed by a Finance Manager saying "we keep pumping money into staff development, what if they leave us?". The CEO replied and said "What If we don't train them at all and they stay?". This got me thinking, do we not have such scenarios playing out in companies today. When revenues are low the first thing most run to is staff development costs to remove them totally as if it is some luxury; a "nice to have". Such a way of thinking has caused many organisations to stagnate. Below are some reasons you should train your staff members.

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