Preview

Siemens: Training and Development as a Strategy for Growth

Good Essays
Open Document
Open Document
2213 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Siemens: Training and Development as a Strategy for Growth
SIEMENS: Training and development as a strategy for growth

1. How does workforce planning enable Siemens to identify its training needs?
Answer:
Siemens is a one of the largest electrical and electronics engineering companies in the world. Every year it employs 20000 people in UK. In addition, Siemens UK invested a huge amount of money only on research and development, because their business focused on ‘innovation’.
Therefore, for growth of their business, Siemens needs people with first class level of skill, knowledge and capability in engineering, IT, business and other relevant field.

Siemens Company’s strategic planning includes workforce planning, and it is a systematic process for identifying the human capital required to meet company’s goals and developing the strategies to meet these requirements. Workforce planning helps an organization to estimate its future workforce requirements and calculate the numbers, nature and sources of potential employees who might meet that demand. In other words, it is about getting the right number of people, with the right skills, in the right place and at the right time. Such as workforce, planning enables Siemens to inspection its present staff numbers and the skill it has in place as well as identify where it has skill gaps needed to meet its business objective.

Therefore, workforce planning actually enables Siemens to identify the future and present gap of skill, talent and opportunity, so that Siemens can go training programs. Every workforce planning has a similar kind of model like-
• Environment Scan: Siemens can analyze the new environment where they are going to shift their production plan to another city or place. Such as, they are relocating its main plant in Lincoln to a bigger site outside the main city. Therefore, they have to analyze the environment of new place to identify what kind of skill is in need. Because, every new place contain new opportunity and at the same time it needs new skill,

You May Also Find These Documents Helpful

  • Better Essays

    First element of the staffing process, human resource planning (Plunkett, Allen, & Attner, 2013, p. 319) is how the human resources department will look to meet the organizations staffing requirements or needs. Human resource planning has four sub-groups or activities within it. Those four are job analysis, human resource inventory, human resource forecast, and compare inventory and forecast (Plunkett, Allen, & Attner, 2013, p. 331). There is a relationship between the four activities of human resource planning and strategic development. This will be discussed later in this paper.…

    • 1501 Words
    • 5 Pages
    Better Essays
  • Better Essays

    The environment of any organization consists of internal and external factors. An organization should conduct a scan of its environment in order for it to determine development, and a forecast on the factors that may influence the success of the organization. Scanning the environment refers to the possession and utilization of the information that an organization has about trends, patterns, occasion and the external and internal relationship that are within an organization. A scan of the environment may assist the management team of an organization in making a decision about the future path of the organization. A good scan aids in identifying the opportunities and threats that an organization has in the market (Bateman, 2012).…

    • 1203 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Having a strategic plan as well as ideas set in place for the good of the company is critical in regards to screening and employing qualified, trained and skillful applicants. Producing and maintaining a strategic and tactical recruitment team is vital for the success of any organization. The mission of any company is vision, and within that vision is a quest that is set in place to achieve, obtain, and conquer its goals. These are set out to achieve what the organization has developed and determined to attain. This can only be accomplished with people (employees) that are truly willing to assist the company in meeting its goals and mission. Organizations need people that are reasonable, reachable and able to think beyond their level of skill and training.…

    • 1565 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    → Siemens – 2.8 million in revenue, 6000 employees (150 R&D), serve more than 90% of fortune 500 manufacturing companies, around 100,000 industrial consumers, parent company Siemens AG over 100 billion electronics and engineering company in over 190 countries with 428,000 people, leader in innovation…

    • 1498 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Workforce Planning is best summarised as having the ‘right people in the right place at the right time’.…

    • 5733 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    To add to this staffing strategy, alignment to organizational goals and strategy, filling openings, staff balance, diversity goals, retention, employee development, and work environment all need to be evaluated by the project managers, team leaders, department managers, and directors before it can be put in motion. To the degree of SWOT, the staffing strategy aligns with the companies new strategic direction. For this strategic plan to be implemented effectively, “the career development, performance managements and reward systems will be reviewed to ensure linkage and support of the strategic intent. For this strategic plan to be successful, management has found that linking their strategic plan to their internal systems and structures to ensure overall alignment and to avoid any confusion.” (Ott, C., KZats, A. D., and Thomas, G.J., 2015)…

    • 472 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A key to success for any organization is planning, and successful planning requires that the people involved have a comprehensive understanding of their current environment. Environmental Scanning is used to establish the level of understanding needed for a successful strategic plan. In order to conduct an Environmental Scan conducted by collecting pieces of external and internal information to assist in focusing on the appropriate short and long-term goals.…

    • 422 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Siemens

    • 977 Words
    • 4 Pages

    Siemens is a German multinational engineering and electronics conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company. It has approximately 360,000 employees and across nearly 190 countries. (Wikipedia, 2010) The most popular product of Siemens is the cellphones, fridges and engines. Recent years, Siemens also focuses on the energy of wind power. When talking about the found of Siemens, it is an ancient company. It was founded by Verner von Siemens on October 12, 1847, and the original name of Siemens is Siemens and Halske. The logo of Siemens also changed six times.…

    • 977 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    1. How would you characterize Siemens' global development strategy? Why does it have regional development centers (RDCs) around the world?…

    • 368 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Career Development Paper

    • 1251 Words
    • 6 Pages

    Knowledgeable and well trained employees are needed for every organization. It is important employees perform all tasks needed in order to reach the organizations needs and achieve the set goals. As times change, employees may stay behind in skills or may even lack training concerning new systems, technology or other procedures that the company may need concerning better performance. That is the time the importance of training is more evident. An organization has a large responsibility for their success that is why training, development, and career development is imperative to an organization. This paper intends to explain…

    • 1251 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Workforce Planning

    • 2335 Words
    • 10 Pages

    Workforce planning allows managers to anticipate changes in the external and internal business environment and how they will impact their organisation’s workforce needs. It also provides a basis for managers to devise strategies to tackle said changes and generate the maximal amount of value for their dollar.…

    • 2335 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    business

    • 796 Words
    • 4 Pages

    Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation…

    • 796 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Siemens is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company.[1] Siemens is organised into six main divisions: Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions & Services and Siemens Financial Services.…

    • 671 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Siemens AG is a German multinational engineering and electronics conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company.…

    • 2047 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    A review of corporate education and training would show how training contributes to a firm’s competitive future. Given continuously changing economy and fierce competition and rapid technology change training is a way advance skills and increase knowledge of competitors especially foreign cultures and markets. A slowly growing work force requires making the best use of the current work force. A changing work force due to high turnover or rapid growths requires new training needs for providing workers lacking in basic skills.…

    • 1312 Words
    • 6 Pages
    Powerful Essays

Related Topics