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Maximizing business potential: The symbiotic relationship between employee training and business success

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  • Vasilii Ostin

    (National School of Management ENSM, Tipaza, Algeria)

Abstract

In the modern business landscape, the symbiotic relationship between employee training and business performance in a form of sales and marketing aspects has become increasingly evident. This research delves into the pivotal role of vocational training within European companies, particularly in the context of their impact on business outcomes of organizations. Through a deep analysis of secondary data from the Continuing Vocational Training Survey (CVTS) carried out by Eurostat, this paper uncovers the link between effective training practices and their subsequent impact on sales performance as well as interconnection with marketing initiatives. The findings reveal that businesses can significantly enhance its strategies by investing in employee training programs that foster skills demanded by the evolving market. The results underscore that companies adopting a holistic approach to employee training and aligning it with sales activities are better poised to thrive in a competitive landscape. This article serves as a valuable resource for business leaders, HR professionals, sales managers, educators, and researchers looking to understand and harness the interplay between employee development and business success to navigate the dynamic business world effectively.

Suggested Citation

  • Vasilii Ostin, 2023. "Maximizing business potential: The symbiotic relationship between employee training and business success," Marketing Science & Inspirations, Comenius University in Bratislava, Faculty of Management, vol. 18(3), pages 47-55.
  • Handle: RePEc:cub:journm:v:18:y:2023:i:3:p:47-55
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    More about this item

    Keywords

    sales; training; development; employee; skills;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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