HRM: The Importance of Training & Development
MGMT 522 Human Resources Management
Human Resource Management:
Importance of Training & Development
Table of Contents PAGE
Introduction………………………………………………………………………………… 3
The Role of Training and Development………………………………………………....... 4
The Need………………………………………………………………………………........ 6
Return on Investment.........................................................……………………………….. 7
Expand the Growth and Productivity……………………………………………………. 9
The Organizations Culture and Climate………………………………………………..... 10
Conclusion………………………………………………………………………………….. 11
Bibliography………………………………………………………………………………... 13
Introduction
The training and development (T&D) function of human resources plays an important role from the beginning to the end of the life of an employee. Once the hiring department has chosen an employee, the training department takes over starting with orientation and the initial training. Once the new employee joins their team the training and development does not stop. With continued education training and succession planning the T&D team is an integral part in building a successful employee–employer relationship.
Training and development is major player in helping the employees to achieve the organizations goals and their own personal goals. Employee productivity is a major concern for employers and lower productivity cannot be blamed on the employee entirely. They help expand the growth and productivity of not only new employees but also those that have been with the company for a long time. A few factors that influence growth and productivity are skills, communications, and information factors. When it comes to the organizations culture and climate T&D is again a fundamental component providing a fun creative learning environment and helps build the positive viewpoints of the organization. This helps
Human Resource Management:
Importance of Training & Development
Table of Contents PAGE
Introduction………………………………………………………………………………… 3
The Role of Training and Development………………………………………………....... 4
The Need………………………………………………………………………………........ 6
Return on Investment.........................................................……………………………….. 7
Expand the Growth and Productivity……………………………………………………. 9
The Organizations Culture and Climate………………………………………………..... 10
Conclusion………………………………………………………………………………….. 11
Bibliography………………………………………………………………………………... 13
Introduction
The training and development (T&D) function of human resources plays an important role from the beginning to the end of the life of an employee. Once the hiring department has chosen an employee, the training department takes over starting with orientation and the initial training. Once the new employee joins their team the training and development does not stop. With continued education training and succession planning the T&D team is an integral part in building a successful employee–employer relationship.
Training and development is major player in helping the employees to achieve the organizations goals and their own personal goals. Employee productivity is a major concern for employers and lower productivity cannot be blamed on the employee entirely. They help expand the growth and productivity of not only new employees but also those that have been with the company for a long time. A few factors that influence growth and productivity are skills, communications, and information factors. When it comes to the organizations culture and climate T&D is again a fundamental component providing a fun creative learning environment and helps build the positive viewpoints of the organization. This helps
Bibliography: http://www.rdsnet.com/articles/Training%27s%20Role%20in%20Acheiving%20High%20Performance.pdf. Lear, G. 2010 http://www.rdsnet.com/articles/The%20Dynamics%20of%20High%20Performing%20Organizations%202009.pdf. Lear. G. 2009 http://yourbusiness.azcentral.com/importance-training-development-department-hr-1622.html. Mayhew, R. Chatzimouratidis, A., Theotokas, I., & Lagoudis, I. N. (2012). Decision support systems for human resource training and development. The International Journal of Human Resource Management, 23(4), 662-693. doi:10.1080/09585192.2011.561235 http://www.managementstudyguide.com/training-and-development.htm. © 2008 - 2013 managementstudyguide.com. http://coned.howardcc.edu/business_and_workforce_development/customized_training/ROI_for_customized_training.html Black, Sandra E. and Lynch, Lisa M., (1996a) "Human Capital Investments and Productivity, " American Economic Review Papers and Proceedings, May. http://www.dol.gov/oasam/programs/history/reich/reports/grow.htm http://tweakyourbiz.com/growth/2010/10/07/12-ways-to-improve-productivity-at-the-workplace/ Eli Sopow, (2007) "The impact of culture and climate on change: Distinguishing between culture and climate to change the organization", Strategic HR Review, Vol. 6 Iss: 2, pp.20 – 23