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Professional development boosts employees’ work efficacy and opportunities, helps employers retain workers, and improves KPIs.
Professional development is important for individual employees’ careers — and for companies at large. While workers can reap specific benefits from growing in their careers, businesses can also benefit from their workforce’s continued learning and development. Professional development can sharpen both hard and soft skills, give employees the tools to excel in their roles, and make them more valuable to current and future employers. Here’s a rundown of the benefits of professional development, plus some tips on how to get started with professional growth.
Professional development refers to career-related training and continuing education that individuals pursue after entering the workforce. There are many reasons to engage in professional development, including the following:
Professional development comes in many forms, from casual, self-directed efforts to formal, degree-based programs.
Emily Walton, an executive coach at Alo Coaching, emphasized that professional development choices should align with personal goals. “If you are aspiring to move into a leadership role, then leadership coaching or leadership development is more valuable than investing in hard skills like learning to code,” Walton explained. “Match the outcomes of the professional development program with the outcomes that will best position you to achieve your goals.”
Development opportunities should also suit the employee’s learning style. “It is also important to understand your learning style so that you can extract as much value from the program as you can,” Walton said.
Here are some examples of different types of professional development.
One of the most flexible and affordable types of professional development is gained by consuming content related to your work, including reading, listening and viewing. You can then apply the information, skills and insights you gain to improve your job performance. Here are some examples of such content:
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A mentorship can be one of the most valuable forms of professional development, but it requires initiative and consistency. Here are the basic steps:
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Attending webinars can be a smart move if you want to stay current on the latest technologies, methodologies and industry trends. Webinars are usually hosted by professionals in your industry — sometimes even competitors — who use the platform to generate sales leads.
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Lectures and seminars are typically in-person events, which may require a greater investment of time and resources. They’re often hosted by industry associations, making the content more broadly applicable. These groups also frequently host trade shows and conferences featuring expert speakers and panel discussions.
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Most employers offer mandatory training programs for their employees, and some offer optional training. Although you may have no choice about whether to attend mandatory training, you can choose to do it with the right attitude, knowing that it will help you grow in your role.
Employer-provided training may be delivered by internal HR professionals or managers, or through third-party training companies. It may take on one or more of these formats:
In addition to offering in-house programs, some companies pay for external professional development opportunities, including seminars, trade shows, certification courses and degree programs.
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Enrolling in a certification program is an excellent way to hone your skills and demonstrate your expertise. These courses may be offered in person or online, and they typically culminate in an exam.
You can obtain certifications in a wide range of disciplines, including the following:
Course lengths and costs vary depending on the topic, the depth of instruction, and whether the program is online or in person. The cost of your certification may depend on the organization that offers the course.
Pros
Cons
Enrolling in a college or university degree program is one of the most time-intensive — and often most expensive — forms of professional development. This may involve pursuing an undergraduate or graduate degree while continuing to work full time.
Some schools offer associate’s or bachelor’s degree programs designed for working professionals, with most classes held in the evening. Others, like executive MBA programs, offer flexible formats with some or all coursework available online.
Pros
Cons
Attending webinars can be a smart move if you want to stay current on the latest technologies, methodologies and industry trends. Webinars are usually hosted by professionals in your industry — sometimes even competitors — who use the platform to generate sales leads.
Pros
Cons
Lectures and seminars are typically in-person events, which may require a greater investment of time and resources. They’re often hosted by industry associations, making the content more broadly applicable. These groups also frequently host trade shows and conferences featuring expert speakers and panel discussions.
Pros
Cons
Most employers offer mandatory training programs for their employees, and some offer optional training. Although you may have no choice about whether to attend mandatory training, you can choose to do it with the right attitude, knowing that it will help you grow in your role.
Employer-provided training may be delivered by internal HR professionals or managers, or through third-party training companies. It may take on one or more of these formats:
In addition to offering in-house programs, some companies pay for external professional development opportunities, including seminars, trade shows, certification courses and degree programs.
Pros
Cons
Enrolling in a certification program is an excellent way to hone your skills and demonstrate your expertise. These courses may be offered in person or online, and they typically culminate in an exam.
You can obtain certifications in a wide range of disciplines, including the following:
Course lengths and costs vary depending on the topic, the depth of instruction, and whether the program is online or in person. The cost of your certification may depend on the organization that offers the course.
Pros
Cons
Enrolling in a college or university degree program is one of the most time-intensive — and often most expensive — forms of professional development. This may involve pursuing an undergraduate or graduate degree while continuing to work full time.
Some schools offer associate’s or bachelor’s degree programs designed for working professionals, with most classes held in the evening. Others, like executive MBA programs, offer flexible formats with some or all coursework available online.
Pros
Cons
Professional development brings many benefits when you seek out knowledge that matters to your job or industry. It can support career growth, improve work performance, and help employees and employers reach their goals. Here are some additional specific advantages:
Gained knowledge is valuable for both employees and their employers. “Professional development is a two-way street,” said Richard Harris, founder of The Harris Consulting Group. “Yes, the company should absolutely focus on developing talent. In addition, the employee must take the initiative to develop themselves.”
This increased knowledge benefits both employees and their employers.
Although stepping away from your daily routine may seem disruptive, taking time to learn something new can actually improve employee engagement, which benefits both employees and employers.
In-person seminars and classes allow employees to meet, connect with and learn from others in their industry, which benefits both employees and their companies.
By learning about and responding to market shifts, employees and their companies stay agile and competitive.
New information and skills make employees more valuable, which, in turn, benefits both the employees and the organization.
There are several reasons why professional development is essential for both employees and employers.