How Training Supports an Organization s Strategy

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What is a Business Strategy?. An arrangement that coordinates the company\'s objectives, strategies, and actions.The technique impacts how the organization uses:physical capital (plants, innovation, and equipment)financial capital (resources and money reserves)human capital (employees)The business system guides the company\'s exercises to achieve particular objectives..

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´╗┐How Training Supports an Organization's Strategy

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What is a Business Strategy? An arrangement that coordinates the organization's objectives, strategies, and activities. The technique impacts how the organization utilizes: physical capital (plants, innovation, and gear) money related capital (resources and money saves) human capital (representatives) The business procedure guides the organization's exercises to achieve particular objectives.

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Review... Procedure Formulation Mission Goals External examination Internal investigation Strategic decision

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Review... S W O T Analysis Internal S trengths Internal W eaknesses External O pportunities External T hreats

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Strategy impacts preparing by affecting: The measure of preparing dedicated to present or future employment abilities. The degree to which preparing is tweaked for the specific needs of a worker or created in view of the requirements of a group, unit, or division . Regardless of whether preparing is confined to particular gatherings of workers or open to all representatives.

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Strategy affect on preparing (proceeded with) Whether preparing is: arranged and orderly partner controlled, or gave just when issues happen, or suddenly as a response to what contenders are doing The significance put on preparing contrasted with other human asset administration practices, for example, determination and remuneration.

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Roles of Employees and Managers Top Management Support Integration of Business Units Global Presence Business Conditions Other HRM Practices Extent of Unionization Staff Involvement in Training and Development Organizational Characteristics That impact Training

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The Strategic Training and Development Process: Business Strategy Strategic Training and Development Initiatives Training and Development Activities Metrics that Show Value of Training Mission Values Goals Diversify the Learning Portfolio Improve Customer Service Accelerate the Pace of Employee Learning Capture and Share Knowledge Use Web-Based Training Make Development Planning Mandatory Develop Websites for Knowledge Sharing Increase Amount of Customer Service Training Learning Performance Improvement Reduced Customer Complaints Reduced Turnover Employee Satisfaction

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Chesebrough-Ponds Discussion Question 4 Noe, page 69

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Summary Expand product offerings Repackaging Vaseline Petroleum Jelly in pocket-estimate crush tubes called Vaseline Lip Therapy Strategic accentuation on creating markets

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Summary - 2 Knew clients as of now utilizing item in unique holder to avoid dried out lips Managers contemplated that market could be extended fundamentally if item were repackaged to fit helpfully in clients' pockets and handbags

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What business technique is Chesebrough-Ponds utilizing? Fixation Internal development External development Disinvestment

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What preparing needs result from this procedure? Focus Internal development External development Disinvestment

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Implications of Business Strategy for Training( 1 of 2)

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Implications of Business Strategy for Training ( 2 of 2)

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What are the preparation ramifications of this choice for 1) producing? 2) the business constrain?

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The Broadening of Training's Role Focus on Teaching Skills and Knowledge Link Training to Business Needs Use Training to Create and Share Knowledge

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Advanced Skills (know how) Cognitive Knowledge (recognize what) Self-Motivated Creativity (mind why) System Understanding and Creativity (know why) Intellectual Capital