Studio98, a provider of solutions for online business training behind Rethink, said that the lack of employee training is a common cause of business failure, and offers a Better training can provide a competitive advantage that enables companies to succeed.Rafferty Pendery, CEO of Studio98, cited Small Business Administration statistics show that half of new businesses survive five years. (1) He also noted that the company Dun & Bradstreet? s recent report by American businessman Trends estimates 89,675 businesses failed between 1 April 2010 and March 31, 2011. (2)? While the reasons for these failures vary depending on the company, many experts believe that the lack of training is a key factor? he said.

interview results from Saratoga Institute surveys: the departure of the employees are asked what their company has done wrong, lack of training? was among the top 10 problems reported. (3) He also cited a British study that analyzed the hospitality industry hotel and restaurant closures, and found 28% of companies that don? t provide a close formation, compared to only 3% of those who have provided adequate training. (4)

? The research confirms what we have? found from our experience and our customers. Well trained employees are able to do their jobs more effectively and efficiently, and therefore have greater confidence and job satisfaction? minimizing turnover? Pendery said. ? When you have to constantly replace employees, you can focus resources on building your business. Moreover, satisfied employees are more likely to feel invested and committed to your organization? S for success.

originally developed to meet the training Rethinking? s own training needs. ? Our goal was to offer to all our employees around the world with access to timely, adequate training. However, none of the platforms available training tailored to our needs? Pendery said. He noted that the majority of platforms are designed for schools? and then the purpose of providing training in the course of a quarter or semester? or custom solutions that are often difficult to update and maintain. Thus, the company set out to create a flexible, easy to use learning management (LMS) to meet the specific needs of companies.

? We wanted an LMS that allow staff to be trained in a matter of hours or days? not weeks or months? so that new employees could get up to speed quickly. We also wanted the flexibility to customize training modules for specific functions, for example, our sales team training needs different from our technical support staff. And we wanted an online training platform that is easy to update, so that new courses could be built and implemented our global workforce, when we improve our products or open new ones? Pendery said. ? It ‘important for everyone to have access to the latest materials and documentation in order to remove the download-based systems, which often result in dependent reference outdated information. Finally, we left a lot of useless? Features? platforms that tend to bog down and make training more difficult and tedious to use and update.

been so successful for Studio98? training of employees that the company has provided the platform for online training for its customers through a closed beta testing in March 2011. After the implementation of further improvements based on user feedback, Studio98 Rethinking education presented to the public in September. The company offers multiple pricing plans to make training accessible to organizations of all sizes. In addition, new users can register for a free trial Rethinking training.

? I believe that providing employees with adequate training and contributes to a well-educated and productive workforce? ultimately help companies achieve a competitive advantage? Pendery said. ? No matter how smart your management team, we must recognize that employees play an equally important role in your organization? S for success. If your staff does not have the knowledge and tools necessary to excel in their work, there is a risk of business failure. Why this challenge? With a basic rethinking, right? Have shown that training the entire company can be easy, fast and convenient.

training? products including a tour, FAQ, and details of the plan cost? or to register for a free trial, visit http://www.RethinkTraining.com.

Rethinking education
is a training platform is flexible and easy to use online developed by Studio98 Clearwater, Florida. Designed to meet the training needs more business, this unique Learning Management System (LMS) enables organizations to create and deliver interactive lessons customized to each employee. User-friendly interface, is easy to build, upgrade and manage the training and quizzes, and web content hosted ensures staff has access to the latest information and materials. For more information about Rethinking training, visit http://www.RethinkTraining.com.

a Small Business Administration. ? FAQ: What is the survival rate of new businesses? Updated in January 2011. http://www.sba.gov/sites/default/files/sbfaq.pdf

2 Dun & Bradstreet. D & B Business Report on Trends in the United States: 12 months ending in March 2011. In June of 2011. 20June_2011.pdf% http://www.dnbgov.com/pdf/US_Business_Trends_Report_

3 Branham, Leigh. Hidden Reasons Employees Leave The 7: How to recognize the subtle signs and act before it’s too late?. AMACOM, New York: 2005. http://www.amacombooks.org/book.cfm?isbn=9780814408513

4 Collier, William and Francis Green, Young-Bae Kim. Education, training and survival. University of Kent, Canterbury, United Kingdom: November 2007. cep.lse.ac.ukconference_papers/07_12_2007/collier.pdf

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