Linkages between Training & Strategic HRM
PRESENTATION REPORT
LINKAGES BETWEEN BUSINESS STRATEGIES
AND TRAINING
BSMH 5023 STRATEGIC HUMAN RESOURCE
MANAGEMENT
Prepared for:
PROF. DR. KHULIDA KIRANA YAHYA
13 APRIL 2014
Prepared by:
Kartini Binti Tajul Urus (814244)
BSMH 5023 STRATEGIC HUMAN RESOURCE MANAGEMENT
LINKAGES BETWEEN BUSINESS STRATEGY AND TRAINING
1.0
Introduction
There is both a direct and indirect link between training, business strategies and goals. Training can help employees to develop the skills needed to perform their jobs, which directly affects the business.
Strategy is different from vision, mission, goals, priorities and plans. Strategy is defined as the determination of the basic long-term goals of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals.
Business strategy is a plan that integrates the organization’s goals, policies and actions. It influences how organization uses physical, financial and human capital.
Business strategy helps to direct organization’s activities to reach specific goals that the organization hopes to achieve in medium and long term. Most of the organization’s goals will be financial goals but there are also other goals related to employee satisfaction, position in the industry and community service.
Training is an acquisition of knowledge, skills and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies. Training has specific goals of improving one’s capability, capacity, productivity and performance. Organizational Training includes training to support the organization’s strategic business objectives and to meet the tactical training needs that are common across projects and support groups. The purpose of Organizational Training (OT) is to develop the skills and knowledge of people so they can perform their roles effectively and efficiently.
2.0
The
LINKAGES BETWEEN BUSINESS STRATEGIES
AND TRAINING
BSMH 5023 STRATEGIC HUMAN RESOURCE
MANAGEMENT
Prepared for:
PROF. DR. KHULIDA KIRANA YAHYA
13 APRIL 2014
Prepared by:
Kartini Binti Tajul Urus (814244)
BSMH 5023 STRATEGIC HUMAN RESOURCE MANAGEMENT
LINKAGES BETWEEN BUSINESS STRATEGY AND TRAINING
1.0
Introduction
There is both a direct and indirect link between training, business strategies and goals. Training can help employees to develop the skills needed to perform their jobs, which directly affects the business.
Strategy is different from vision, mission, goals, priorities and plans. Strategy is defined as the determination of the basic long-term goals of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals.
Business strategy is a plan that integrates the organization’s goals, policies and actions. It influences how organization uses physical, financial and human capital.
Business strategy helps to direct organization’s activities to reach specific goals that the organization hopes to achieve in medium and long term. Most of the organization’s goals will be financial goals but there are also other goals related to employee satisfaction, position in the industry and community service.
Training is an acquisition of knowledge, skills and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies. Training has specific goals of improving one’s capability, capacity, productivity and performance. Organizational Training includes training to support the organization’s strategic business objectives and to meet the tactical training needs that are common across projects and support groups. The purpose of Organizational Training (OT) is to develop the skills and knowledge of people so they can perform their roles effectively and efficiently.
2.0
The