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Developing the Talent You Have- Strategies for Training and Development…
Developing the Talent You Have- Strategies for Training and Development
Employee Development
Increase value of human assets
Assures that competent people will be ready to move when vacancies arise
Contributes to retention
The Development Dilemma
Training makes people more valuable and satisfied. On the other hand, training makes people more marketable and attractive to competitors
Research shows that “free rider” poaching of already trained employees is less a deterrent than many think.
Being a learning organization is a necessity
Skill Training- Can hone skills and create a bond between employee and company
To keep the skills of employees current with advancing technologies and business practices
To help employees master the skills they need to advance in a company
Informal and Formal Approaches
Informal is generally OTJ training
Formal is more expensive, structured, and usually takes place through a third party. They can align employee training with business strategy and ensure continual upgrade of internal knowledge.
Online Training
Lower Cost
Elimination of Travel Costs and Lost Production Time
Scalable to Any Level of Demand
On-demand Availability
Career Development and Ladders
Mentors