TRAINING AND DEVELOPMENT ASSIGNMENT

SEMESTER: SUMMER-1 2020-2021

COURSE CODE: HURM-403

STUDENT ID: BBA20181009

STUDENT NAME: RIZWAN MUHAMMAD AMIN

1)

ANSWERS:

1. Hershey adopted a proactive strategy concentrating on the longer run and employing better
judgment and analytic methods. Hershey's strategy has been designed to create a perfect match
between the company as well as its upcoming surroundings.

2. The workers abilities were critical to the strategy's achievement. The company does not quite
understand exactly if it has the ability to effectively alter the implementation without recognizing
the competences of the personnel. Throughout all stages, the HRD division should always be
actively engaged and integrated in defining strategy.

3. By emphasizing on business and cooperating with some of its stockholders, Hershey chose
the market leader strategy. The strategy goal was to develop but also utilize the innovative goods
and marketing possibilities and not to become the lowest-cost provider in the sector. The ability
of a business to examine a broad variety of contextual factors, fashions, occasions and reach fast
into the good opportunities is critical to a market leader strategy's achievement.

4. The Blue Chip project was indeed the external strategy for Hershey Company. Internally,
which simply means that sales team would only have to properly bargain with their consumers
and commerce financing allotment would have been determined on the current standards. The
establishment of negotiation skills for the sales department learning and
training requirements the ranking program that functioned to encourage the sales department's
correct actions as well as the judgment framework for assigning commercial financing funds
were all the essential institutional improvements are required.

The company's technological platform (how well the main goods and activities are developed)
and its framework are two essential variables in its inner plan (for example; specialization of
work, guidelines and practices). Because the Hershey instance only needed improvements in
staff attitude, the framework has been the only thing that required to be adjusted to match only
with the current plan.
2)

SNOOZY INN S.W.O.T. ANALYSIS:

STRENGTHS:

 It is situated in a famous tourism destination area

 Apartments that are large
 Wide outdoor spaces and lawns
 Breakfast is served in the suites
 Several fine eateries and take-out options close 
 Customers who return time after time
 Affordable prices
 Properties big enough to be used for bus tours
 Property is in good condition
 Affiliation to a tourist information organization
 Data on the company is available
 Mr. Smith admits to have an issue, which would be the initial move toward resolving it.

WEAKNESSES:

 No television (Important for the families)

 Grounds that are barren and unpleasant
 Individuals that come in and walk around and then depart, shows an apparent attention
( Due to the bare grounds)
 The location is inconvenient in terms of attractions
 There are no distinct eatery services available
 In contrast to comparable motels, there is a lower vacancy rate
 There is hardly any advertising
 Only localized advertising 
 Remarks the name of the motel is unexciting
 Charging low fees may be seen as undesirable
OPPORTUNITIES:

 Install television sets as soon as possible

 Raise the amount of advertising
 Raise the prices that are being paid
 Expand outdoor amenities such as; playgrounds, grilling areas and even a swimming pool
and fitness center based on budget
 Attend tourism club sessions to expand communication opportunities
 Improve the appearance of the premises by landscaping them
 For instance, collaborate with several other sights and eateries 
 Provide tourists with own restaurants and self-catering amenities
 Look into different marketplaces

THREATS:

 Issues that could arise if additional budget motels are created

 The level of uncertainty when other businesses start lowering prices
 Issues may arise if the other businesses launch large marketing offers
 Failing is a possibility if vacancy rate does not develop

NOTE:

The most critical thing Mr. Smith can do is hike prices right away. His prices are too
inexpensive, conveying a terrible image with much less than half the cost of competing motels.
This, in combination with the barren grounds, may be scaring away possible clients.

His charges can still be lower, but they must be similar to other businesses' prices.
3)

ADVANTAGES AND DISADVANTAGES OF CORPORATE UNIVERSITIES:

ADVANTAGES:

 The corporate university enables a company to standardize their instructional design

procedures and create a recognized planning framework.
 The corporate university makes sure that the crew members' progress is in line mostly
with the company's goals.
 Workers and third-party stockholders can benefit from customized education.
 The creation of a corporate university can help with the implementation of an
organization structure.
 Corporate universities could also aid in the development of a company's goals.
 Teaching staff can also deliver continuous education while also establishing a strong and
united business environment through the corporate university.
 It is capable of responding to globalization's difficulties, such as the use of technological
advances.
 The capacity to integrate company's objectives and instructional methods is strength of
the corporate university.
 A corporate university has the potential to disseminate excellent practices.
 A corporate university adds towards the human procedures by assisting in the recruitment
of skills.
 Corporate university learners, from fresh employees to top management, can see how the
business appreciates about its succession planning.

DISADVANTAGES:

 Several corporate universities have grown to have huge professional workers.

 It is critical to deal with issues like the top manager’s participation and strategy
formulation framework of individual’s development with the organizational plans in
order to develop a structure related to the business objectives.
 Another consideration is the financial commitment needed to run a corporate university.
 The establishments of the procedures, as well as the guidance of the academic and
content services required for some of its growth, are important and hard to define, that
may also describe why they would be most smoothly discovered in big enterprises with a
much more sufficient capital system and even more fund analytical techniques.
 Most of the top achievers at corporate universities saw a project to the corporate
universities as a job complete disaster because of the anticipated limited chances to return
to the sector following a learning mission.

 Over times, the current employees of certain corporate institutions became increasingly
alienated and stuck. Collaborating at the corporate university, which is supposed to be the
best of institutional learning and competence, has become a profession to shun.

 The emergence of digital education has been criticized by certain corporate institutions as
a transitory trend. Others were determined that this would not work and that it was not
suitable for them.

 Most corporate universities took a long time to notice the move from classroom teaching
to learning with in the workplace. Several corporate universities were secluded because
of their lack of flexibility in this field and most of them hardly have seen this
transformation occurring.

 However, the sooner a corporate university delays making critical mega changes, the
more difficult it would be to successfully operate. The necessity for corporate university
re-activation is essential.
REFERENCES:

https://nanopdf.com/download/im-ch-02-uwcentre_pdf

https://medium.com/@KeeMengYeo/advantages-of-the-corporate-university-model-
dcc868625369

https://learningsolutionsmag.com/articles/2184/marc-my-words-why-many-corporate-
universities-fail-and-some-dont