Human Resource Development in HSBC UK : Assignment
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Added on 2020-07-22
Human Resource Development in HSBC UK : Assignment
Added on 2020-07-22
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Human resource development
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INTRODUCTIONHuman resource development is consider as important department which helporganisation in fulfilling their organisational objectives. Various task are undertaken in thisprocess whose main aim is to provide appropriate training to workforce according to externalenvironment drivers which leads to overall development of employees. In order to match withthe trends of business culture it is vital for company to organise such programmes which enhancegrowth and skills of staff members (Alfes, K. and et. al., 2013).Under this assignment HSBC UKbased multinational financial bank operated their business in all over the world having more than50000 employees emphasis on providing five day training course for newly appoint employeeswhich become manager in different branches and use their financial resources for facilitatinggrowth and personality development of both new and existing employees. Under this projectdiscussion about different learning styles and theories given, importance of learning curve,different training methods and contribution of UK government in development of both publicand private industries. The important criteria of organisation to use modern training strategieswhich increase market value and productivity (Armstrong and Taylor , 2014).TASK1 1.1 Comparison between different learning stylesThere are different types of learning styles which can be use by organisation for thebetterment of employees. Organisation HR department must choose appropriate styles which isbest for employees. Important approaches used in enhancing learning in an association can dedescribed below:-Auditory learners: Under this type of approach employees believes to learn throughlistening. These employees retained everything which they listen once in their life. But incase when learning is done in visual form then their retention power become lowercomparatively. So medium like lectures, classroom discussion and debates enhance theskill capabilities of employees.Visual learners: Under this case learners are benefited through visual acquisition style.They carry higher retention on the things which they seen once in their life. It can bedone through charts, graphs and other visual means. Kinaesthetic learners: These learners believes to learn on the basis of practicalexperiment and logical basis other than audio visual means. This style consider as most
preferable style when it comes to catch learning from corporate culture. The majortechniques used are role playing, simulation which leads to overall development ofemployees. This method is primarly used at the time when manager need to implementchanges in appropriate manner. (Bratton and Gold , 2012).1.2 Role and importance of learning curve at workplaceLearning curve:- It defined as graphical presentation of how learning can be gainedfrom greater experiences or in other word it is a way under which an individual done somethingonce the better resources. This curve plays an significant role at the time when organisation need to evaluate levelof learning which assist them in making contingency programmes. Further, it can be utilised intracking the overall performance of employees at workplace. In order to optimally utilised thefinancial resources of company this curve facilitates to measure the time taken by individual inperforming particular task. All these mechanism help in divide the workload among staffaccording to capability.For example HSBC is multinational financial bank consist of large customer base so inorder to facilitates better services to customers. Company need to designed learning curve insuch a way that facilitates training programmes according to requirement of staff and fulfilled thedemand of external conditions. Technological advancement is coming rapidly in banking sectorin the form of digitalisation so HSBC strategic level incur expenditure on research developmentdepartment so they come with highly advanced gadgets which facilities innovation and growth.(Bray and et. al., 2012.) In today dynamic environment customer wants modern services which tend to less efforts somanagement team of HSBC need to designed such strategic tactics which help customer insatisfying their banking needs in simple manner.1.3 Analysing learning styles and theories at the time of planning and designing learning eventIn organisation there are different types of learning styles which can be used by theorganisation in order to facilitates learning in corporate environment. The application of thesetheories within an organisation is according to the needs and requirement of workforce. Theyalso helpful in improving learning capabilities of employees. Organisation need to adopt suchpractices which is best suited for internal members. Kolb's, honey and Myer briggs are some
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