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Strategic Planning
There are three levels of strategic planning
Corporate Strategy
Business Strategy
Business Strategy
Business Strategy
Business Strategy
Functional Strategies
Introduction
The strategy influences how the company uses physical capital, financial capital, and human capital.
Introduction (cont.)
The extent to which training is customized for the particular needs of an employee or is developed based on the needs of a team, unit, or division. Whether training is restricted to specific groups of employees or open to all employees.
Introduction (cont.)
Whether training is planned and systematically administered; provided only when problems occur; or developed spontaneously as a reaction to what competitors are doing.
The importance placed on training compared to other human resource management practices such as selection and compensation.
CHALLENGES
High rate of change in market demand High level of uncertainty Rising costs Competitive pressures on profit margins High rate of technological changes More complex organizations
Employee Advocate
Training Role
Knowledge: What individual or team of employees know or know how to do. Explicit knowledge: Knowledge that can be formalized, modified and communicated. Can be found in manuals, formulas and specifications. Tacit knowledge: Personal knowledge, based on individual experience. Difficult to explain to others, passed on to others through experiences, interaction & observation.
Business strategy
Web Based Training Make Development Plan a must CS training must be given more weightage
T&D Activities
Learning Portfolio Customer Services Pace of Employee Learning Capture & Share Knowledge
Mission Reason for existence Vision Future that a company wants to achieve Values What the company Stands for
Goals Targets
Linkage between the physical & financial Capital with the Human Capital is a MUST.
The degree to which a company's units or businesses are integrated affects the kind of training that takes place. Global presence.
Business conditions.
Management
(HRM)
The management activities related to investments, staffing performance management, training, and compensation and benefits.
Staffing Strategy
The company's decisions regarding where to find employees, how to select them, and the desired mix of employee skills and statuses.
Human
Identification, analysis, forecasting, and planning of changes needed in the human resource area to help the company meet changing business conditions.
Resource
Planning
(HRP)
An emerging trend is that companies expect employees to initiate the training process.
T&D Initiatives
How the Training Function will help the Company to reach its GOALS Diversify Learning Portfolio New Technology Informal training Personalized Learning opportunities Accelerate Pace of Employee Learning Improve Customer Service Have required products & Service Have required knowledge about Product Employees know their roles Capture & Share Knowledge If employee leaves the company, knowledge is not lost The type of decisions the employees can take Methods to make information available
Identify Needs & Provide high quality solutions Reduce time to develop the training program Facilitate access to learning resources on as needed basis
Reduced Turnover More specialized work force More employee satisfaction Less employee complaints Increased motivation level
Centralized Training
Training and Development programs, resources, and professionals are primarily housed in one location and decisions about training investment, programs, and delivery methods are made from that department.
Faculty Model
Looks a lot like the structure of a college. Training staff are experts in the areas in which they train. The training department's plans are easily determined by staff expertise. The training function may not meet the needs of the organization. Trainers may be unaware of business problems or unwilling to adapt materials to fit a business need.
Customer Model
Responsible for the training needs of one division or function of the company. Training programs are developed more in line with the particular needs of a business group. Trainers are expected to be aware of business needs and to update courses and content to reflect them.
Involves considerable time, programs may vary greatly in effectiveness, and design may be poor.
Matrix Model
The trainer has the responsibility of being both a training expert and a functional expert. It helps ensure that training is linked to the needs of the business. Trainer gains expertise in specific business function. understanding a
Trainers will have more time demands and conflicts because they report to two managers.
Outsourcing Training
Outsourcing
the use of an outside company that takes complete responsibility and control of some training or development activity or that takes over all or most of a company's training including administration, design, delivery, and development.
Improvements in compliance and accuracy in training mandated to comply with federal, state, or local rules.
The lack of capability within the company to meet learning demands. The desire to access best training practices.
Companies' desire to maintain control over all aspects of training and development, especially delivery and learning content.
Trainee Types
Pigs Prisoners Passengers Participants
People to fight
Value
Readiness to learn