Training is Integral to a Growing Company's Success

by Theodore D. Roth, President & CEO,
Alliance Pharmaceutical Corporation

In the pharmaceutical industry, it takes approximately 15 years and $350-$500 million to bring a product to market.

During that time, the focus is on research and development, and finding money for training is a challenge.

In conjunction with The Training Consortium, Quest Consulting and Training, and the State of California, Alliance Pharmaceutical Corp. has developed and implemented a program that offers training opportunities to employees in positions of leadership and management, as well as those at a non-supervisory level.

A real "plus" of the program is the affiliation with the state, which allows this training to be provided at very little cost to the company.

The focus of the program is on providing employees with opportunities to develop skills for team building, problem solving, collaboration, communication and conflict resolution.

Alliance Pharmaceutical has many younger workers who are relatively new to the workforce, and most definitely to management. The opportunity to discuss and resolve a real issue facing the company during their training allows employees to demonstrate their ability to problem solve through a presentation to Alliance Pharmaceutical's executive team. They frequently see some of their suggestions implemented, which is rewarding to employees and reinforces their ability to impact the organization.

One important benefit should not be overlooked: The existence of a strong training program is a key element in assisting the company in attracting new talent; new employees know they will be supported and be provided with the tools they need for continued career growth and development.

And by assisting existing employees to maximize and leverage their strong points, while partnering with them to strengthen weak areas, they feel supported. They know the company is committed to a long-term relationship, which is a win-win situation for the employees and the company.

Article originally published by The Training Consortium. Used with permission.