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HRM Internal 2 Group Project Answer 4 Draft
HRM Internal 2 Group Project Answer 4 Draft
Together, Training and Development may be understood as any attempt of the company s to
improvise on current or even future employee performance. Large organisations tend to invest
heavily in employee training and development as the benefits of such training varied and
immense.
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https://explore.darwinbox.com/hr-glossary/training-and-development
Analysis of Siemens’ Training and Development Programmes
Siemens has been known to be a leading technology business and has been aid to be the largest
electrical engineering companies of the world. The examples provided by means of the case
study explore the various methods which are used by Siemens to manage its constant need for
highly skilled employees by means of strong implementation of a variety of training and
development programmes. Following is the analysis of the same:
1. Boosts Morale: When organisations invest in Training, employees feel like a valuable
asset and are very motivated.
2. Training contributes to employee stability: Training improves efficiency which allows
employees to contribute to growth which renders a workplace stable.
3. Attraction of High Calibre of Talent: Organisations prioritising training set benchmarks
and attract talented human resource.
4. Helps in Maintaining Skills and Knowledge: Certain skills are equivalent to muscles; one
really has to practise to get better at them. Training provides employees with
opportunities to practice and improve.
5. Competitive Edge: Transient business environments require constant adaptability of
employees which comes from regular training sessions only.
These are only a few ways in which Siemens derives benefit from the intensive training and
development strategies it employees. It is also important to note that the Organisation is very
employee-centric. The fact that they gave their employees a substantial bonus during the
Pandemic is a good example of this.