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Introduction to Employee
Training and Development
Cases: Training as a source of Competitive
Advantage
• Competitiveness: refers to a company’s ability to
maintain and gain market share in an industry.
• Some challenges for the companies:
- Customer service
- technology
- Rapid development of knowledge
- Globalisation of business
- Retirement of skilled workers
- Managing talent
- Downturn in the economy
Forces affecting the workplace Make training a
key ingredient for company success
Globalization
Provide training and development opportunities for global employees.
Provide cross-cultural training to prepare employees and their families
to understand the culture and norms of the country to which they are
being relocated and assists in their return to their home country after
the assignment.
Forces Influencing Working and
Learning (cont.)
The value of intangible assets and human capital has the following
implication:
Talent management
attracting, retaining, developing, and motivating highly skilled
employees and managers.
It is becoming increasingly more important because of:
retirement of baby boomers.
skill requirements.
the need to develop leadership skills.
Forces Influencing Working and
Learning (cont.)
New technology