Saturday, May 23, 2020

Essay on Training and Development and Performance Management

Introduction In order to define Human Resource Strategy, one must first understand the concepts behind an organisation’s business strategy and its HRM practices. Various definitions of ‘strategy’ exist, almost all of which boil down to the simple fact that it is the general direction of an organization, which it must strive to go in the long term. The responsibility of adhering to the business strategy falls on the managers, who must use the resources at hand, keeping in context with the business environment their particular organisation is in, in order to achieve the goals laid down in the strategy by the stakeholders. Using the above-established definition of strategy and applying it to the context of Human Resource Management, one†¦show more content†¦Development Human Resource Development (HRD), as opposed to training, is concerned with the development of individual employees on a personal level. This provides the workers with the appropriate skills which will in the long term assist them in performing their job in a better way, not just individually but also when teamed up with their colleagues. In a dynamic business environment, a proper HDR strategy also ensures that employees’ skill sets are constantly up to date with what the business strategy requires them to achieve. When the HDR strategy is designed in such a way that it conforms to the business strategy, this personal development imparted to the employees together with their skill sets ultimately result in a better organizational performance which helps the firm achieve its long term goals. When developing an HRD strategy, business goals, important as they may be, are not the only aspect that must be considered. The potential and aspirations of employees have to be taken into account. Strategic HRD policies are thus not as broad as other HRM policies, but rather more individual. Rather than dealing with personnel development as a whole, they have to do more with the personal development of individuals and their respective personalities. When effort is made to develop personalities, the employees concerned become more competent, thus increasing theirShow MoreRelatedInternational Performance Management And Training And Development1958 Words   |  8 PagesOver the years, human resource management has attracted a vast amount of interest over different disciplines due to the effect and contribution it had on the fundamental issues within the organisation (Singh, Darwish, Coster Anderson 2012). Arthur states, HRM practices essentially contribute to the organisations compet itive advantage and the achievement of organisational performance (Arthur 1997, cited in Singh, Darwish, Coster Anderson 2012). This not only emphasizes on the significance of humanRead MoreEssay on Performance Management: Selection, Training, Development792 Words   |  4 PagesPerformance Management: Selection, Training, Development A strong and effective performance management system â€Å"enables a business to sustain profitability and performance by linking the employees pay to competency and contribution. It provides opportunities for concerted personal development and career growth. It brings all the employees under a single strategic umbrella. Most importantly, it gives supervisors and subordinates an equal opportunity to express themselves under structured conditions†Read MoreHuman Resources Management– Case Study1421 Words   |  6 PagesHuman Resources Management– Case Study Human resource management refers to a series of human resources policies and the corresponding management activities. These activities include corporate human resources strategy, employee recruitment and selection, training and development, performance management, compensation management, staff flow management, employee relationship management, employee safety and health management, etc. Namely: enterprise modern management method, is used to obtain (candidate)Read MoreBenefits And Benefits Of Compensation Essay886 Words   |  4 PagesCompensation is output and the benefit that employee receives in the form of pay, wages and also same rewards like monetary exchange for the employee’s to increases the performance Holt, 1993). Compensation is the segment of transition between the employee and the owner that the outcomes employee contract. As the prospective of employee pay is the necessary of life. The payment receives from work done on the behalf of people getting the employm ent. From the employee prospective one of the most importantRead MoreEssay on Key Aspects of Training and Development1569 Words   |  7 PagesKey Aspects of Training and Development In this section I will be identifying the key aspects of training and development programme an explanation of how this is an importance to Southgate college. Training development Development involves helping an individual to realise his or her potential. This concerns general growth, and is not related specifically to the employees existing post. The term training means the gaining of a particular set of knowledge Read MoreAnalysis Of Existing Sherwin-Williams Performance Program.1624 Words   |  7 PagesAnalysis of Existing Sherwin-Williams Performance Program In order for an organization to achieve long term success, it must consistently evaluate those plans and consider all of the organization’s entities and how they link together. By appraising the existing performance management process, it forces deeper analysis of the process, as well as its intended and unintended influences towards employees and the organization. Program Advantages This process is designed with the intent to identifyRead MoreBenefits Of Implementing A Performance Management System944 Words   |  4 Pages(2013), performance management is defined as a method of continuously identifying, evaluating, and guiding individual and team performance and ensuring that employee performance is in line with the firm’s goals (p. 2). The four general strategies that would be used to convince the client firm that the benefits of implementing a performance management system will far outweigh the costs and difficulties associated with the transition from a performance appraisal to a performance management system areRead MoreMicrosofts Human Resource Management Strategy679 Words   |  3 PagesRESOURCE MANAGEMENT STRATEGY EXECUTIVE SUMMARY The Company Profile: Microsoft Corporation Importance of Strategic Human Resource Management Talent Management Strategies Compensation and benefit packages for employees Policies and practices for Labor relations management Comparison with the Competitors Conclusion OBJECTIVES OF THE HRM STRATEGY To design effective talent management strategies; including recruitment and selection, motivation and retention, performance management, etc. ToRead More Training And Developmet Essay examples1439 Words   |  6 Pagesskills thus being able to add value to the organization. Training is giving employees the knowledge, skills and attitudes needed to perform their job. Development is the continuous process of acquiring the knowledge, skills and attitudes that will be needed to cope with changes in job demand or to tackle a job with greater authority and responsibility. Performance management is a process of defining desired outcomes linked with performance standards for a specified period of time and comparing themRead MorePerformance Appraisals and Employee Performance1035 Words   |  4 Pagesï » ¿Performance Appraisals and Employee Performance: Performance appraisals are constantly viewed as burdensome tasks that employers would like to avoid despite understanding the significance of evaluating the performance of employees. This consideration is further fueled in organizations and companies with minimal pay raises and bonuses as well as those with downsized compensations. Organizations that take similar initiatives to deal with current economic challenges also experience difficulties

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.