Strategic human resource management involves training and development to invest in employees as assets and enable continuous learning. Training new hires helps them understand company operations and culture. Training benefits individuals through increased marketability and organizations through improved productivity. Assessing training needs and setting measurable objectives ensures training is targeted. Training should be evaluated at multiple levels and linked to performance management and compensation to incentivize learning transfer to jobs.
Strategic human resource management involves training and development to invest in employees as assets and enable continuous learning. Training new hires helps them understand company operations and culture. Training benefits individuals through increased marketability and organizations through improved productivity. Assessing training needs and setting measurable objectives ensures training is targeted. Training should be evaluated at multiple levels and linked to performance management and compensation to incentivize learning transfer to jobs.
Strategic human resource management involves training and development to invest in employees as assets and enable continuous learning. Training new hires helps them understand company operations and culture. Training benefits individuals through increased marketability and organizations through improved productivity. Assessing training needs and setting measurable objectives ensures training is targeted. Training should be evaluated at multiple levels and linked to performance management and compensation to incentivize learning transfer to jobs.
Training & Development Training & Development ▪ Represents ongoing investment in employees and realizes employees are assets Importance of Training & Development ▪ Rapid technological changes cause skill obsolescence; need for continuous learning ▪ Redesign of work created more responsibilities thus bringing the need for new skills ▪ Mergers and acquisitions have increased the need for integrating employees and new hires into a different culture ▪ Globalization of business requires new knowledge and skills related to cultural differences Training & Development Training new hires/employees assuming new responsibilities ▪ The orientation/onboarding program enables new employees to understand the rules, policies, and procedures, be socialized into the company operations and employee networks, and how their individual jobs are critical to the organization’s success ▪ The rotation program allows employees to sample different kinds of work within the organization and allows a better understanding of how their individual jobs contribute to the whole Benefits of Training & Development Individual employee ▪ Increased employee marketability ▪ Increased employee employability security Organization ▪ Improved bottom line, efficiency, and profitability ▪ Increased flexibility in employees who can assume different and varied responsibilities ▪ Reduced layers of management ▪ Makes employees more accountable for results Strategizing Training Levels of Needs Assessment Setting Training Objectives ▪ Align/match identified training needs with training objectives ▪ Define objectives in specific, measurable terms - Desired employee output - Results expected to follow from such behaviors ▪ One source of information for setting objectives - Performance deficiency data contained in the performance management system Setting Training Objectives Examples: ▪By the end of this training session, you will be able to answer (action word) customer questions (item) about loan rates without asking others (condition) 90% of the time (standard). ▪By the end of this training session, you will be able to balance (action word) the teller drawer (item) without assistance (condition) in 30 minutes with no errors (standard). ▪By the end of this training session, you will be able to compute (action word) adverse impact levels (item) using Excel (condition) with no errors (standard). Design and Delivery
Critical training design issues
▪ Interference from and difficulty in overcoming prior training, learning, and habits ▪ Transfer of newly learned skills back to the job Choice of training environment to approximate or simulate actual working conditions ▪ Organizational culture supportive of training and development Computer-Based Instruction Benefits Drawbacks ▪ Self-paced ▪ Learners must be self-motivated ▪ Adaptive to different needs ▪ Cost of producing online, interactive materials ▪ Can be customized ▪ Lack of interaction with others may ▪ Easy to deliver work against needs and preferred ▪ Usually less expensive to administer learning styles ▪ Can be conducted when convenient for the employee Evaluation
▪ An integral part of the overall training program
▪ Provides feedback on the effectiveness of the training program ▪ Evaluation criteria should be established in tandem with and parallel to training objectives Four Levels of Training Evaluation Organizational Development ▪ Training programs focus on individual skill acquisition and development to improve productivity as well as assist in obtaining strategic objectives ▪ In a rapidly changing global environment, organizations must be able to change in response by undertaking larger-scale changes ▪ Such activities constitute organizational development which focuses on the entire organization rather than individual employees Organizational Development ▪ OD initiatives usually focus on organizational processes and/or culture and might include culture change, facilitating mergers and acquisitions, organizational learning, knowledge management, process improvement, and organization design and structure
▪ They look at the organization from the macro perspective,
utilizing a systems approach to appreciate the interrelatedness of functions and processes. This is frequently accomplished through the establishment of an in-house corporate university. The Link between Training and Performance Management and Compensation The Link between Training and Performance Management and Compensation ▪ When employees expend the effort to learn new skills and knowledge (training) and are expected to implement such learning in their jobs (performance management), there should be some incentive to do so and some acknowledgment and reinforcement of that performance once it is achieved (compensation) ▪ A training program that is not linked to the organization’s performance management and compensation systems has far less chance of success than one that does. Training should be conceptualized, designed, and delivered within a larger strategic context and receive an organization-wide commitment to ensure its success