| Why training your staff is like buying a new car |
| Written by Danny Nixon-Smith | Principal Consultant | danny@dws.net.au |
Too often we see management investing large sums to acquire the latest equipment, advertised their products and then spend so little time or money to educate and prepare their own employees. What is true for many auto dealerships, brokerage firms and retail stores seems to apply to gaming too. Many managers routinely acquire great locations, build magnificent structures, rely on expensive advertising and promotions to bring in the customers and then do so very little to prepare their employees. I often relate the purchase of a new car with a gaming machine, both pieces of equipment costs a great deal of money, however when purchasing a new car we are always shown the basics “how to indicate, how to start the car, where is the park brake etc” but how often do we show our employees through a new gaming machine? “how the feature works, how to fix problems”....
To appreciate the financial risk
of their poor commitment to training, look at the experience from the customer's
perspective. Day or night, any one of the club employees the player meets is,
at the moment, the whole club. What happens when one of those
customers arrives and runs into an employee who doesn’t have any idea about how
to deliver great customer service? Do your employees act on the “moment of
truth” and can they use “emotional intelligence” to deal with a gaming player
who is often on a roller coaster of emotions, winning one minute then losing
the next. Generally we have to spend twice
as much money to buy the customer back with no guarantee he or she will ever
return. Put this into context of today’s
financial reality. As we continue to work our way through constant news about
this stalled economy and its scary unemployment rates, clubs from coast to
coast are working frantically to make certain that customers stay longer and
return sooner. With discretionary dollars in short supply, no club can afford a
careless customer encounter or risk alienating any player. So, after the newest machines are
installed and those players’ club perks are enhanced again, what is to be done?
I believe every club needs to be sure that employees have the knowledge, skills
and solid work habits to succeed and make a real contribution. Because gaming
always has and remains, a ‘people business’, surviving and prospering today
means aggressively investing in employee training and development. I am sure you are thinking “hey,
we have that covered” - you have new hire orientation and offer some additional
training in such areas as customer service. Maybe your club is among those that
have a management development program available for front line men and women
who lead departments. Well, is it actually working? How do you know? Measuring training’s return on
investment should be automatic and a part of each quarterly review. After all,
if you don’t measure it, how are you certain you are getting your money’s
worth? Here, I am not referring to those forms that attendees complete at the
end of the class, with fuzzy questions such as, “what did you like the best
about our training?” the way to evaluate training is by a financial
measurement.
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