Strategic Training

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following BEST describes the role of human resource development (HRD) professionals?

  • Integrating training, organizational, and career development to improve effectiveness. (correct)
  • Focusing solely on formal training activities and knowledge sharing.
  • Identifying top talent and ensuring they receive promotions.
  • Managing team building and conflict avoidance within the company.

How does a company's business strategy MOST directly influence training and development?

  • By determining the type and amount of training and resources devoted to it. (correct)
  • By limiting training to only managerial positions.
  • By dictating the specific training methods that must be used.
  • By ensuring all training is planned as a reaction to competitor actions.

In a 'learning organization,' what is the strategic importance of aligning training processes with company goals?

  • To primarily focus on individual employee-level learning.
  • To create human capital as part of a system designed to enhance learning, adaptation, and change. (correct)
  • To minimize scrutiny of training processes.
  • To ensure training is separate from human capital development.

Which capability is MOST essential for companies that view training and development as part of a broader learning strategy?

<p>Measuring the overall business impact of the learning function. (D)</p> Signup and view all the answers

Which of the following BEST exemplifies a company's mission statement?

<p>A statement of the company's reason for existing, including customers served and value provided. (A)</p> Signup and view all the answers

What is the PRIMARY purpose of conducting a SWOT analysis in strategic training and development?

<p>To assess a company’s internal strengths and weaknesses and external opportunities and threats. (D)</p> Signup and view all the answers

What do strategic training and development initiatives primarily provide for a company?

<p>A roadmap to guide specific training and development activities in line with the company's strategic goals. (D)</p> Signup and view all the answers

Which action BEST exemplifies diversifying the learning portfolio?

<p>Implementing web-based training along with mentoring and coaching programs. (B)</p> Signup and view all the answers

What is the MAIN reason for companies to expand who receives training, including non-managerial positions?

<p>To ensure employees who directly contact customers have the necessary skills and knowledge. (D)</p> Signup and view all the answers

What is the MOST important benefit of capturing and sharing knowledge within an organization?

<p>Ensuring information isn't lost when employees leave and quickening response times to customers. (D)</p> Signup and view all the answers

What does aligning training and development with a company's strategic direction PRIMARILY ensure?

<p>That training contributions directly support the company's business needs and objectives. (B)</p> Signup and view all the answers

What information is MOST important to collect when identifying and collecting metrics to show training success?

<p>Business-level outcomes that measure the overall value of training initiatives. (A)</p> Signup and view all the answers

How does the balanced scorecard approach evaluate a company's performance?

<p>From the perspectives of internal and external customers, employees, and shareholders. (D)</p> Signup and view all the answers

What is a key expectation for managers in today's business environment, regarding employee development?

<p>To explain work assignments and create an environment that encourages continuous learning. (D)</p> Signup and view all the answers

Why is it essential for top management, particularly the CEO, to support training and learning in a company?

<p>To set a clear direction for learning and provide the necessary encouragement and resources. (A)</p> Signup and view all the answers

How does the integration of business units affect the focus of training programs?

<p>Training includes rotating employees between different jobs. (C)</p> Signup and view all the answers

What is the MOST significant challenge for companies with global operations regarding training?

<p>Ensuring learning is effective for all employees regardless of language or cultural background. (B)</p> Signup and view all the answers

How does a company's staffing strategy influence training programs?

<p>By determining the criteria used to make promotion and assignment decisions. (B)</p> Signup and view all the answers

What is the MOST likely outcome for a company that begins retraining and productivity improvements without involving unions?

<p>The efforts are likely to fail because of union opposition. (B)</p> Signup and view all the answers

Why should managers be involved in the training process?

<p>To ensure training is related to business needs and to support trainees’ on-the-job application of new skills. (B)</p> Signup and view all the answers

What is the benefit of companies supporting training activities while giving employees the responsibility for their own development?

<p>It cultivates greater knowledge and skills among employees. (B)</p> Signup and view all the answers

What is the PRIMARY goal of centralized training?

<p>To house training programs and provide decisions about investment in training. (C)</p> Signup and view all the answers

What is the PRIMARY benefit of a corporate university model?

<p>Makes learning more strategic by aligning it with business needs. (A)</p> Signup and view all the answers

What does a business-embedded learning function PRIMARILY emphasize?

<p>Customizing training to meet customer needs and continuously improving programs. (C)</p> Signup and view all the answers

What should trainers consider to increase the likelihood of new training and development practices being accepted?

<p>Prior to implementing something new, consider carefully how to increase the chance of acceptance. (B)</p> Signup and view all the answers

Flashcards

Human Resource Development

Integrated use of training, organizational, and career development to improve effectiveness.

Business Strategy

A plan that integrates an organization's goals, policies, and actions.

Learning Organization

A company with an enhanced capacity to learn, adapt, and change.

Company Mission

A statement of the company's reason for existing.

Signup and view all the flashcards

Company Goals

What a company hopes to achieve in the medium to long term.

Signup and view all the flashcards

SWOT Analysis

Internal analysis of strengths/weaknesses; external analysis of opportunities/threats.

Signup and view all the flashcards

Strategic Training and Development Initiatives

Learning actions for achieving business strategy.

Signup and view all the flashcards

Diversify the Learning Portfolio

Using methods beyond traditional programs for more learning.

Signup and view all the flashcards

Providing Development Opportunities

Ensuring employees believe they can grow and gain new skills.

Signup and view all the flashcards

Metrics

Measures to show overall training value.

Signup and view all the flashcards

Balanced Scorecard

A performance tool for measuring the different aspects of business.

Signup and view all the flashcards

Manage Individual and Team Performance

Managers who motivate employees, provide feedback, and monitor training.

Signup and view all the flashcards

Top Management Support

The top manager who determines the importance of training and learning.

Signup and view all the flashcards

Global Presence

Training to prepare employees for global operations.

Signup and view all the flashcards

Staffing Strategy

Refers to company decisions for finding/selecting employees.

Signup and view all the flashcards

Human Resource Planning

Identifying changes needed in the human resource.

Signup and view all the flashcards

Outsourcing Training

Use of outside company for training activities.

Signup and view all the flashcards

Centralized Training

Training programs and resources are housed in one location.

Signup and view all the flashcards

The Corporate University

Includes employees, managers, and stakeholders outside the company.

Signup and view all the flashcards

Business-Embedded Learning Function

Clear goals, customer focus, and customizing to meet customer goals.

Signup and view all the flashcards

Support the Change

Employees must see change is supported by people in powerful positions.

Signup and view all the flashcards

Resistance to Change

Managers' and employees' unwillingness to change.

Signup and view all the flashcards

Power

Losing the ability to give influence to others.

Signup and view all the flashcards

Marketing Training

Creating a brand for training, to gain new customers.

Signup and view all the flashcards

Solve Business Needs

Demonstrate to solve business needs.

Signup and view all the flashcards

Signup and view all the flashcards

Study Notes

  • In most companies, training and development are provided by trainers, managers, in-house consultants, and employee experts.
  • Training and development are sometimes outsourced to entities outside the company like colleges, universities, and trade organizations
  • Human resource development integrates training, organizational, and career development to improve individual, group, and organizational effectiveness.
  • Organizational development focuses on team building, conflict avoidance, employee development, and change management.
  • Talent management identifies top talent and ensures they receive necessary training for promotions or new positions.
  • Learning professionals focus on formal training, informal learning, and knowledge sharing through social networking.

Strategic Training

  • Business strategy integrates company goals, policies, and actions, influencing the use of physical, financial, and human capital.
  • Business strategy directs activities (production, finance, marketing, human resources) toward specific goals, achieving short, medium, and long-term objectives.
  • Business strategy impacts the type/amount of training, resources, money, time, and program development.
  • Key Strategic Factors:
    • Amount of training for current/future job skills
    • Alignment to specific personnel/units/divisions
    • Whether all or select employee groups receive training
    • Timing of training alongside planning, or as a reaction
    • The priority given to training vs. broader HRM concerns

Learning as a Strategic Focus

  • Many companies strive to become learning organizations, emphasizing the strategic importance of learning for adaptation and change.
  • Training processes are scrutinized and aligned with company goals in a learning organization to create human capital.
  • Knowledge Management is emphasized as learning occurs at individual/organizational levels

Learning Organization Qualities

  • The Supportive Learning Environment fosters open expression of ideas, risk-taking, and appreciation of different perspectives
  • Managers Reinforce Learning by encouraging dialogue, actively listening, and rewarding new skills.

Human Capital Implications of Learning

  • Effective learning must improve employee performance and achieve business goals.
  • Tacit knowledge, shared through employee interactions, presents competitive edge that's hard to imitate.
  • Companies support informal learning via mentoring, social networks, and job experiences due to the difficulty of acquiring tacit knowledge in training programs.
  • Learning requires physical, technical, and psychological support.

Learning Capabilities

  • Alignment of learning goals to business goals
  • Measurement of the overall business impact of the learning function
  • Movement of learning outside the company to include customers, vendors, and suppliers
  • A focus on developing competencies for the most critical jobs
  • Integration of learning with other human resource functions, such as knowledge management, performance support, and talent management
  • Delivery approaches that include classroom training as well as e-learning
  • Design and delivery of leadership development courses

Strategic Training Development

  • Five components of a new or revised business strategy:
    • Mission: The statement of a company's reason for existing
    • Vision: The picture of the future a company wants to achieve
    • Values: The ideals a company stands for
    • Goals: What a company hopes to achieve (satisfying stakeholders)
    • SWOT Analysis: Internal strengths/weaknesses, combined with external opportunities/threats
    • Strategic choice: strategy believed to be the best alternative to achieve the company goals.

Training's business goal Influence

  • Productivity
  • Reduced scrap and rework
  • Increased customer satisfaction
  • Reduced operational risks and accidents due to employee carelessness
  • Increased employee satisfaction and retention
  • Increased time and value-producing goods, such as increase in billable project time hours
  • Better management decisions
  • Increased development of human capital
  • Succession planning needed for competitive advantage and growth.

Strategic Training Initiatives

  • Strategic training aligns with a company's business strategy, goals, and resources to prepare for potential opportunities.
  • The roadmap guides specific training and development activities, ensuring they contribute to company goals.

Implications of Strategic Training

  • Diversify the learning portfolio through on the job training that includes informal learning
  • Expand training to all employees who are customer facing
  • Accelerated pace of employee learning needed in order to deal with changes in technology and customer needs
  • Employees should also have knowledge about the product or service, they need to have customer service skills, and they need to understand the types of decisions they can make
  • Provide development opportunities and communicate learning to attract and retain talented employees

Training and Development Initiatives

  • Identify specific training/development activities that align with business strategy.
  • Examples include developing new technology skills, increasing access to training, reducing development time, and expanding offerings.

Training Metrics

  • Metrics involve measuring the value of training by assessing employee engagement, productivity, and quality.
  • Training program evaluation involves measuring satisfaction, knowledge, skills, and overall business results.

Balanced Scorecard

  • The balanced scorecard should assess all aspects of the business
  • The balanced scorecard considers four different perspectives:
    • Customer (time, quality, performance, service, cost)
    • Internal processes (that influence customer satisfaction)
    • Innovation and learning (operating efficiency, employee satisfaction, continuous improvement)
    • Financial (profitability, growth, shareholder value)

Organizational Influences on Training

  • Employee/managerial roles shape training focus:
    • Managers coach, provide feedback, and ensure alignment with company goals.
    • Continuous learning is encouraged, work assignments are explained, and a supportive environment is created.
    • Managers plan, allocate resources, and coordinate activities/teams.
    • Group performance is managed, decision-making is facilitated, and trust is maintained.

Support from Upper Management

  • The CEO sets a clear direction for learning (vision), providing encouragement, resources, and commitment (sponsor).
  • Active governance, development of learning programs, teaching, and modeling also come from upper management

Business Unit Intergration

  • Integrated units require training to understand various units, services, and products.

Global Presence

  • Global operations use training to prepare employees for international assignments, with a focus on effective learning across languages/cultures.

Business Conditions

  • When unemployment is low or businesses are growing at a high rate its hard to retain quality employees.
  • Training maintains productivity, and motivates/retains existing staff.
  • Talent Retention: Colleagues, challenging assignments, career growth drive retention.

Unstable Business Conditions

  • Training becomes short-term, focused on skill gaps, not new assignments.
  • Employees need training on change-management as a result of mergers, acquisitions, or disinvestment

HRM Practices

  • HRM consists of management activities related to money, effort and time
  • HRM also looks at performance, training and benefits

Staffing Strategy

  • Staffing strategy is about the company's plan regarding where and how to find the right employees.
  • Assignment flow and supply flow are the two aspects of training in the companies staffing strategy

Company Interaction

  • Four main types of company based on their interaction: Fortresses, Baseball teams, Clubs and Academics.

Employee Uniqueness

  • In regards to strategic value, employees are either managers or indivdual contributors
  • Employees can be strategic or unique, and that value is defined based on whether they are easily replaced

Human Resource Planning

  • Human resource planning involves identification, analysis, forecasting, and planning
  • Training helps prepare employees and identify their goals through job movement

Extent of Unionization

  • Having unions involved in training efforts will bring better success
  • All parties must be aware of development goals and work towards the same goals

Training Process

  • Managers are more committed if they provide feedback and are given time to train
  • Training and development planning helps set goals, and create expectations and results

Strategies Need Different Training

  • Four strategies: Concentration, Internal Growth, External Growth and Disinvestment

Models of Training

  • Training programs are available to all employees regardless of where they are located
  • Programs are either by the company or through vendor

Centralized Training

  • Resources are focused in one setting

Corporate University

  • Help solve historical problems
  • Can make learning more strategic by making it clear
  • Can create better learning

Business Based Learning

  • Function is characterized by five competencies: strategic direction, product design, structural versatility, product delivery, and accountability for results.

Four Necessary Conditions for Change

  • Four conditions are necessary for change to occur: (1) Employees must understand the reasons for change and agree with those reasons; (2) employees must have the skills needed to implement the change; (3) employees must see that managers and other employees in powerful positions support the change; and (4) organizational structures, such as compensation and performance management systems, must support the change.

Problems with Change

  • Four change-related problems: resistance to change, loss of control, power imbalance, and task redefinition

Marketing Training

  • Internal marketing is important for internal consultants to keep generating fees
  • Critical to overcome the resistance to change

Marketing Efforts

  • Get feedback from employees
  • Advertise
  • Find the numbers that concern the top level people and relate the training to helping those

Branding

  • Involve key personel in the training process to get more buy in
  • Execute and create short term wins: let the training program show improvement
  • Follow up re-evaluate and modify/adapt as things change and the need to improve

Outsourcing Training

  • The role of a business to use outside companies to provide service to help with development
  • Companies choose to outsource because of money and time saving

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Related Documents

Use Quizgecko on...
Browser
Browser