According to stats from the 2019 FenderBender Industry Survey, when shop leaders attend management training at least quarterly, it tends to lead to higher annual revenues.
Some would say the value of education is immeasurable. But the 2019 FenderBender Industry Survey put that adage to the test, to an extent. While shop operators that said they personally attended industry-specific management training at least monthly tended to have solid net profits, they weren’t better than those that attended such training just once per year, for instance. In general, shop operators that attended management training on a quarterly basis tended to have better annual revenue and shop floor efficiency than their industry peers. Here’s a closer look, above, at the survey findings.
