AGEFI Luxembourg – Mars 2019 :
In the banking industry continuing professional development is of great value as it ensures you to stay competent in your profession. It is an ongoing process and continues throughout a professional’s career. The desired result of well-planned continuing professional development is that it optimizes the employer, the employee and his or her career.
Why is Continuing Professional Development (CPD) so important?
CPD is both important for:
Organisations as it encourages a healthy learning culture where the employees feel fulfilled and effort is made to retain these valuable resources; Individuals as it helps to become more effective professionals. With the aid of training and learning these individuals will become more confident and it will increase their capability and compliment their career ambitions. Moreover;
• Continuing professional development guarantees you to keep pace with other peers in the banking world;
• CPD ensures you to keep and improve the knowledge and skills that you need to deliver a professional service to your clients;
• Continuing professional development will help to keep your knowledge up to date: you are more aware of changing trends in your banking profession; nowadays the pace of change is faster than ever, so do not stand still as you will be left behind with outdated knowledge and skills;
• CPD also enhances team spirit: you become more effective in the workplace, moreover it will assist you in advancing in your career and move into new positions in which you can lead, manage, influence, coach and mentor others.
• CPD broadens your set of interests; experience is a great mentor, but it does not mean that you keep doing what we you before, with a more focused CPD, new possibilities, new knowledge and new skill areas are opened;
• CPD will also help to advance the core knowledge within banking;
• Last but not least CPD can also lead to increased public confidence in banking professionals and their profession as a whole.
