Training & Development Affecting Company's Business Strategy
Training and Development - A Key HR Function
Introduction
Companies can create a competitive advantage that maximizes profitability if they figure out how to implement training and development programs to support their business plan. Training and development have an impact on a company's business strategy by promoting the development of the specialized skills required to grow into fresh business areas or fight off competitors attempting to invade on its existing business areas (David, 2022).
Understanding the company's goals is crucial before align the training and development to business plan. Without a defined mission statement, organizations may find themselves struggling and ultimately losing. A strong mission statement usually begins with a commitment to effectiveness on the role of each employee in the business in addition to the organization as a whole. Your training and development department starts the process of preparing each employee to meet the high standards you have established for your company once the roadmap is in place (David, 2022).
Procedures in Training Employees
Orientation
Training Requirements
- Organization analysis: An analysis is done on the organization's goals. An organization's desired outcome is compared to how it employs its resources to that purpose. The internal and external environments of organizations are also taken into account.
- Operation Analysis: For a task to be completed effectively, a variety of different tasks must be combined. Operation analysis focuses on the necessities, aptitudes, expertise, and attitude needed to carry out the task successfully.
- Person analysis: It is evaluated to see if the employee's performance is satisfactory and if he is capable of achieving the organizational goal.
Defining Training Objective
The learning target should be defined by organizations when the learning gap has been determined. The training structure is based on the objectives of the training.
Hence determining the training objectives gives a direction to the entire learning program.
Designing a Training Program
Once the objective of the training program is determined, It's time to look at the elements that need to be taken into account while developing a training program.
- Who will be the trainer: The qualifications and experience required for effective training should be taken into account when selecting the individual who will lead the program. Supervisors, academics, businesspeople, HR professionals, consultants, etc.
- Who needs to be trained: To bridge the learning gap, it must be determined who needs to receive training. It may be based on a person's own motivation or a supervisor's recommendations from the HR department.
- Training Methods: Trainer should have complete information about the participants and their profile so that he can choose the learning methods that best suits their requirements. The training content is prepared based on the specific areas that need development.
Implementation of the Training Program
Refers to carrying out the training schedule. A proper learning environment should be established. It should ideally be a collaborative approach, and the trainer should encourage role-playing and interactive games to keep the trainees motivated.
Evaluation and Follow up
The purpose of training assessment is to determine whether or not the training's goals and objectives have been met. The participants must provide feedback on the training's outcomes.
Asking the supervisors if the participants are using the skills they learnt in the learning program on the job might be done as a follow-up.
The Benefits of the employ Training
1. Reduce Employee Turnover
2. Reduce Layoffs
3. Improve Employee Engagement
4. Gain a Recruitment Tool
5. Increase Productivity
6. Improve Team Functionality
7. Build a Competitive Advantage
8. Prevent and Address Skill Gaps
9. Build a Talent Pipeline
10. Enhance Management
11. Reduce Reliance on Contractors
12. Increase Employees’ Sense of Security
Conclusion:
- In every organization, training and development is viewed as a growth strategy. The organization has embraced it to close the skills gap that exists between current opportunities and talents. These training programs definitely improve an employee's skill set, efficiency, productivity, and opportunities for professional advancement.
- A combination of intellectual, practical, and collaborative activities is required for effective training. An employee can pick up as much knowledge from working with an experienced technician .The ultimate objective of the company's training and development plan is to create workers who can give your business a competitive edge, whether those workers are in sales, manufacturing, logistics, or management.
Reference:
David, B., 2022. Procedures in Training Employees. [Online]
[Accessed 15 11 2022].
Available at: https://www.geektonight.com/training-process/
[Accessed 15 11 2022].
Available at: https://smallbusiness.chron.com/procedures-training-employees-42799.html
[Accessed 15 11 2022].
Available at: https://www.slideshare.net/WelingkarDLP/effective-hr-training-dev-strategies
[Accessed 15 11 2022].Available at: https://smallbusiness.chron.com/procedures-training-employees-42799.html
GEEKTONIGHT, 2021. 5 Step of Training Process & Systematic Approach. [Online]
Oster, K. v., 2022. Training & Development Affecting Company's Business Strategy. [Online]
Slideshare, 2012. slide share. [Online]


Training and development essential part of HRM and benefits of training well define in this article .Development it self need to be elaborate more, for those who read this article at first .
ReplyDeleteThanks for your valuable comment. I will do the need full to add some more about development in future write ups.
DeleteChamara - Training and development helps companies gain and retain top talent, increase job satisfaction and morale, improve productivity and earn more profit. Your blog on the subject matter clearly indicates the importance of of it. The writing flow is satisfied.
ReplyDeleteThanks for your valuable comment friend. surely all company can transform with good training &development management system.
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