Time management training helps individuals to manage their workload more efficiently, saving time that was previously spent on workplace distractions and unproductive activities.
While time management training is important in any industry, it is especially relevant to the banking sector because of its fast-paced and competitive nature, where individuals may have multiple large and small tasks to carry out on a continual basis.
Allowing employees to develop their skills in order to manage their workload effectively can be extremely beneficial to the productivity and profitability of businesses in the banking sector.
So, why exactly is time management training important?
Time management training can help individuals to better organise their workload, which helps with efficiency and prioritisation, ultimately contributing to their overall success as a member of the team. This is, in turn, is beneficial to the business, as a more productive team will deliver stronger results.
Particularly in the banking sector, where a typical employee will have a wide range of responsibilities including client services, innovation and control issues, being able to manage expectations alongside time constraints is essential.
Time management training can also benefit employee wellbeing. The Independent reported that, on average, “one in four employees overwork by at least 10 hours a week,” which can contribute to unnecessary stress and pressure.
Moreover, when it comes to wellbeing, time management training can give individual employees the opportunity to air issues that they may have with specific tasks and deadlines. In turn, employees are likely to feel more comfortable as they are able to communicate any problems to those in management, thus boosting morale.
By developing an understanding of precisely what should be prioritised and how much time should typically be spent on tasks, an effective time management training programme will ensure that every employee is fully aware of how they should be managing their workload for the foreseeable future.
Which learning method is best for time management training?
Experiential learning is an ideal method for businesses to use as part of their time management training programmes in the banking sector. Experiential learning allows individuals to work through real-life scenarios in a safe environment, without the risk or pressures of making a bad decision.
Using this active method, it is possible to see how employees currently manage their time, and how they perform to deadlines, which is important when it comes to correcting bad habits and learning from mistakes. This will ultimately help individuals to use more effective time management processes long term.
Experiential learning as a part of time management training can be delivered through a variety of mediums such as webinars, virtual workshops and e-learning platforms.
At MDA Training, our experiential learning solutions give individual employees the opportunity to develop their time management skills, as well as giving those in management a clear view of how their employees are performing to specific deadlines. For more information on our training programmes for the banking sector, please click here.
In summary
By investing in time management training for banking employees, it is possible to increase the overall productivity, efficiency and wellbeing of an entire workforce.
Following an effective time management training programme, businesses should see a return on investment as results begin to show in real-time. Not only this, but the morale of staff should be boosted considerably, as better time management creates a healthier work environment for employees old and new.