These are challenging economic times and many organizations are searching for ways to cut costs. Support services like training and development are often the first to go. You would think that home builders, in particular, would eliminate all training given the state of the housing market.
Well, that is what most homebuilders did earlier this year...but not K. Hovnanian (www.khov.com). They recognized that training keeps their associates engaged, expands their knowledge and increases their productivity. In fact, research shows that Fortune Magazine’s “Most Admired Companies” actually increased their training during slowdowns because it allowed them to surpass the competition.
Read full article
