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Contents
INTRODUCTION WHAT IS TRAINING? DESIGNING EFFECTIVE TRAINING THE FORCES INFLUENCING WORKING AND LEARNING SNAPSHOT OF TRAINING PRACTICES
INTRODUCTION
Competitiveness refers to a companys ability to maintain and gain market share in an industry Training provides competitive advantage
INTRODUCTION
Human Resource Management refers to the policies, practices, and systems that influence employees behaviors, attitudes, and performance. Human resource practices play a key role in attracting, motivating, rewarding, and retaining employees
WHAT IS TRAINING?
Training refers to a planned effort by a company to facilitate employees learning of job related competencies These competencies include knowledge, skills, or behaviors that are critical for successful job performance The goal of training for employees is to master the knowledge, skill, and behaviors emphasized in training programs and to apply them to their dayto-day activities
WHAT IS TRAINING?
To gain competitive advantage, training has to involve more than just the basic skill development Training must also develop intellectual capital Traditionally training was supposed to develop basic and advanced skills Now it also requires extensive use of knowledge This broader perspective of training is known as HighLeverage Training, which Is linked to strategic business goals and objectives, Uses an instructional design process to ensure that training is effective, Compares or benchmarks the companys training programs against training programs of other companies High-leverage training encourages continuous learning
GLOBALIZATION
Technology specially internet made global expansion easier Local companies also feel the effect of globalization UDCs also entering global markets Training needs also changed accordingly Cross cultural training has become important Off-shoring Outsourcing All above require training
NEW TECHNOLOGY
Technology has changed the way we live, play, communicate, and work Contingent workforce (contractors, call workers, part timers, off shore manufacturing, outsourcing)
ECONOMIC CHANGES
National, Regional, and Global economic trends Emergence of the East in the form of Japan, Korea and now China Post cold war scenario The World after 9/11