Studies of the A/E industry by ZweigWhite reveal metrics for measuring benefits
of training, training trends in the A/E industry, and show how training increases
the competitive advantage for organizations.
Here are a few excerpts from these studies, and how an Enterprise Training Subscription addresses the major issues discussed in these studies. Many of these thoughts formed the basis of ZweigWhite’s recent BE Magazine article.
Increase your profits – with a well-trained organization
A/E firms spend 21 percent less than those in other industries on training per employee, even though just a 2 percent improvement in turnover rate at a 500-person A/E firm would save more than $110,000 in recruitment costs alone. 1
Professional training delivers gains in productivity, reduces change orders, increases client satisfaction, fosters employee retention, expands in-house capabilities, reduces recruitment costs, and increases profitability. An Enterprise Training Subscription (ETS) delivers the maximum training across your organization for the lowest cost.
Gain the competitive edge – with the right training plan
A well-conceived, well executed training program is a valuable, desirable component of business strategy among successful A/E firms. 1
With an ETS, Bentley Institute performs a formal assessment of your organization and collaborates with your team to create a custom training plan that helps you manage, execute, and maximize your training.
Stay ahead of the competition – with the right amount of training
The percentage of the IT budget spent on training by fast-growing A/E firms is more than twice that spent by the typical A/E firm. 1
Firms that budget more than 1.0% of net service revenue to firm-wide training will be among the progressive firms in the industry, but it’s the firms that budget closer to 1.5% and more that will gain the competitive advantage… and it’s likely that organizations will need to do even more in the future to maintain their position in the industry. 2
Early adoption of the right technologies will differentiate your organization as an industry leader and give you the competitive advantage. An ETS ensures your organization gets training on the latest innovations and delivers the right amount of training across your entire organization to gain competitive advantage.
Measure your competitive advantage
In order to know if they are staying competitive, A/E firms need to monitor and measure their training activities and compare them to industry standards. Management will find that the Bentley Institute Star Program is an indispensable tool to foster employee retention, lower recruitment costs, increase productivity, improve work quality, reduce change orders, and increase client satisfaction and repeat business. All of this will help firms gain and maintain a competitive advantage. 2
The Bentley Institute provides tools to measure training from your ETS and show stronger credentials for your team and your organization. Through online transcripts and the Bentley Institute Star Program, individuals on your team can communicate professional development efforts that help advance careers. Additionally, the Star Program provides comparative benchmarks for industry training norms that help organizations ensure they gain a competitive advantage through the right amount of training.
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View the Studies
1 ZweigWhite, White Paper: Confronting the Training Dilemma in the A/E Industry
The answer to the A/E industry’s training dilemma lies in fully understanding and communicating the benefits that training brings to an A/E organization, quantifying ROI, and optimizing ROI by developing a program that accesses flexible, comprehensive, and focused sources.
2 ZweigWhite, White Paper: Training in the A/E Industry: Gaining the Competitive Advantage
In order for A/E firms to determine whether they are among the most progressive and best-trained organizations, it’s necessary to first have a meaningful measure of industry norms. The Bentley Institute Star Program provides a measure for comparison among colleagues across the industry through its recognition of the learning achievements of Bentley users.