Importance of Learning and Development in Human Resource Management: A Comparative Study of Marks & Spencer and Rowlinson Knitwear
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This report discusses the importance of learning and development in human resource management through a comparative study of Marks & Spencer and Rowlinson Knitwear. It covers the interventions of learning and development, evidence-based management practices, and the creation of a value-based culture.
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HR LITERATURE
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Table of Contents INTRODUCTION...........................................................................................................................3 ESSAY.............................................................................................................................................4 CONCLUSION...............................................................................................................................9 REFERENCES..............................................................................................................................11
INTRODUCTION Human resource management is defined as the practice to recruit, hire, deploy and manage employees of an organisation. Simply, it is referred as human resource. Human resource department in an organisation is responsible to create, put into effect and oversee policies governing employees and the relationship of the company with its employees. The role of human resource management is about managing people within a workplace for achieving the mission of the organisation and reinforcing the culture(Stiglitz, 2017). In human resource management, learning and development is one of the methods that are performed by the human resource managers. This is the procedure which includes examining employees to identify potential gaps and then developing it. In this procedure, learning and development sessions are organised so that existing employees could improve their existing knowledge as well skills for performing their roles and responsibilities. These sessions are also given to new on-boarded employees so that they could have necessary skills and knowledge to perform their work. Basically, human resource determines the learning pace of each employee and develops different learning and development programs for learning as per their own needs and requirements. The procedure of learninganddevelopmentissimplefoundationfor thesuccessof organisationwiththe employees. In the current report, two organisations are selected. These companies are different from each other in respect of scope, size and scale. Due to difference in their size and scale, there are different needs and requirements of the company. Marks & Spencer is the one of the organisations that is selected in the current report. It is British multinational retailer specialised in home products, food products and clothes. The other organisation that is selected in the current report is Rowlinson Knitwear. It is producing knitwear and school wear for school students. The former organisation is bigger in comparison to latter one.
ESSAY In the report two organisations are selected such as Marks & Spencer and Rowllinson knitwear. Marks & Spencer is one of the greatest retailer which is having their business in global level and this is the major reason that the company is highly emphasised over developing learning measures within the organisation so that they can develop their employees and in the same manner HR supportive aspects can be rendered. The mission of Marks & Spencer is to provide significant quality to their customers by providing higher innovation and trust to employees. Marks & Spencer is having 959 in which the company is selling food and beverages and clothing merchandise to their customers and headquartered in London, UK. The company is having their existence within global market and in the same manner the organisation will lead to develop their size in coming years. As the company is an international organisation this means that the need or learning and development intervention is high as in order to retain their position in global market. This is examined that learning and development needs within Marks & Spencer is related with generating such measurements in which the organisation may sharpen skills of their employeesand at the same time business objectives can also be attained. In the current time Marks & Spencer is considered as one of the prominent organisation that is having significant image in the global market so in place of developing such measures this would be beneficial for the organisation to align with their aims and vision. Rowllinson knitwear is a small and medium organisation which is associated with the business of selling of school uniforms and crocheted wear. The company is aimed at developing their team and customers in such a way that in eco-friendly manner aims and objectives within the organisation can be attained. In this manner as the company is working in its growing stage which means that need for training and development measures are high for the organisation. On the other hand the mission of Rowllinson knitwear is to develop their business in sustainable manner and for this it is mandatory that to train their employees and instigate such aspects in them so that they can work accordingly. Due to the impact of market trends this has been observed that Rowllinson knitwear is facing some issues related to aligning with market trends and in this manner using learning and development measures within business may lead into gaining such access into the market and acquire business objectives. Over the past years, the global workforce is continuously evolving because of availability of various factors. An increasing competitive organisation landscape, increasing complexity and
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the digital revolution are reshaping the employees. Persistent uncertain circumstances, a multi generational personnel and a smaller shelf life for knowledge have placed a premium on up skilling and reskilling. Organisations have shifted to digital world and this clearly this means that there is requirement of vibrant workforce(Wagner, 2017). These trends have increased the significance of the learning and development function. The function of learning and development assists in adapting to fulfil the changing requirements of companies as well as the growing and developing levels of investment in professional development. To carry out the most out of investmentsincurriculumdevelopmentandtrainingprograms,leadersoflearningand development embrace broader roles within the company and form ambitious vision for the L&D. The essential component in the organisation is learning and development whether it is large scale organisation or small scale organisation. The learning and development assists in strengthening the whole position and function so that organisation could be served effectively and efficiently(Collins, 2019).The primary responsibility of the learning and development is managing the development of workforce and to do so in a manner that supports other important priorities of the business. An organisation focuses on adopting different kinds of learning and development interventions so that their workforce could be aligned with the pre-determined objectives of the organisation. The learning and development function of the company has a strategic roles in the accomplishment of meeting objectives of the organisation. Attracting and retaining talent is one of common interventions that is necessary for the companies and for this company uses learning and development. Earlier learning only focussed on the improvement of productivity but now learning is also contributing in the procedure of employability. Employees are the individuals in the organisation who are known as in charge of their professional and personal growth and development. Employees retain in the organisation when they get opportunities of learning and development. Companies have identified that when employees are provided with various sessions of learning and development, this motivates them to stay in the same organisation. The ROI also increases of the company when they retain employees by giving opportunities of learning and development because employees do not leave the company and assist company to decrease their costs on recruiting new employees. Rowlinson Knitwear is the company which is a small medium organisation and this kind of company works with small number of workforce(Linder, 2019). So, they use learning and development for the retention of their existing number of employees. Human resource management of Rowlinson
Knitwear focuses on retaining employees with the assistance of learning and development and this improves the retention rate as well as productivity of the whole business. This positively impacts the ROI of Rowlinson Knitwear because their employees are stayed back in the company and they continuously work for the attainment of the company's objectives. The other intervention of the learning and development is developing capabilities of people. Human resource management of any type of organisation requires ongoing investments in learning and development for retaining its value. When knowledge becomes forgotten or outdated- a more rapid occurrence today- the human capital value decreases and requirements to be supplemented by relevant work experiences and new learning. Basically, in this company invests so that next generation of leaders could be developed and help company to get impressive returns(Sirois and Shultz, 2020). Marks and Spencer is the company that operates with larger number of employees so they continuously make investments in the procedure of learning and development. The bigger companies like Marks & Spencer continuously focuses on developing leaders so that they can promote employees according to their capability and talent. This makes M&S to develop new generation leaders for the company and it also positively impacts the ROI of the company because they get great results of developed leaders. The company develops the leaders and these leaders help in building effective and efficient employees and this is positively linked to the ROI of the companies because they grow as well as develop. The greatest advantage is employees get satisfied because they get developmental opportunities. Another learning and development intervention is building employer brand. A company's brand is one of the significant assets and communicates a great deal about the organisation's success in the market, industry's position, products and services and financial strengths. Marks and Spencer is the company that is focussed towards enhancing the brand in the market. M&S invests in learning and development that could assist in enhancing the whole brand of the company and boosting the reputation as employer of choice(Hallinger, Piyaman and Viseshsiri, 2017). This investment gives company high amount of ROI because their upcoming retiring stage employees train other employees for the company. Company also continuously focuses on communicating their brand strength in respect of employee training and efficiency through employer value proposition. The other most significant way for engaging employees is providing them with various numberof opportunitiesforlearninganddevelopingnewcompetencies.Highly engaged
personnels are challenged and provided the skills for growing and developing within the selected career path. These people are more likely to energised by new and challenging opportunities at their workplace. L&D plays great significance in encouraging and motivating employees because they are available with great professional opportunities. The ROI grows when employees are motivated and encouraged with learning and development sessions. This satisfies the energy of employees regarding the work and continue to work in the same organisation. ROI increases because the productivity of employees get increased when they feel encouraged and motivated in the company. The company like Rowlinson Knitwear motivates employees through learning and development because this is known as the company that operate with smaller number of workers so there is requirement of constantly motivating employees. The major benefit that company gets is their employees become more confident to work in uncertain situations because they are trained in such a manner in the sessions of training and development. Learning and development's primary task is developing and shaping a learning strategy based on the organisation's business and strategies of talent. The strategy of learning seeks to support professional development and building capabilities in the company in a cost-effective way and on time. The learning strategy could enhance the culture of company and motivate employees for living the values of the company(Sifakis and Bayyurt, 2017). For many companies, the function of learning and development supports the procedure of implementing the business strategy. Learning and development plays major role in increasing and improving the ROI of company because employees become more productive. Evidence based management practices are defined as such approaches which are used by thebusinessfordevelopingpotentialthinkingandminimisenegativeimpactoverthe organisation. Rather than selecting irrational thinking using such practices will lead the business to develop judgement and recognition within the organisation.With the help of evidence based approach management may inhale such trends within business so that may policies can be formulated. This is the method which is helpful in decision making and in the same manner familiarizing situation can be created and at the same time judgement related with managing business functions can be seen. This method is related with increasing objectivity and clarity of the business so that in overall manner. Evidence based management approaches are associated with using multiple sources so that knowledge and finding sources can be exerted.
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Besides this, systematic decision making is the another approach to evidence based managerial approaches and this can be used by leaders in order to gather evidences. Scientific literature is the source of evidence that can be used by an organisation for developing evidence based management approach(Heddy and et. al., 2017). For an organisation the major practice adopted would be to retain top talent and with the help of selecting the best suitable evidence out of other this would be easier to develop the role and to acquire benefits linked with evidence based managerial approaches. For Marks & Spencer as the company is associated with managing their business in global manner and for this the company would have understanding related with selecting evidence based aspects. When a manager introduces new strategy this would lead into gaining of new edged into the business in which changes can be adopted as this is regarded as extraneous factor by which the company may lead to attain their aims and objectives. Similarly, professional expertise are regarded as such measures by which evidence can be collected and in the same manner member association can be exerted so that overall decision can be taken in the perspective of the organisation (Barends and et. al., 2017). Professional experience within many people is related with taking accurate decision in which perspective associated with developing stakeholders value and perspective. On the other side, creation of value based culture is related with using evidence based approaches within business as this is regarded as one of the major approaches within learning function as in context of Rowllinson Knitwear the organisation is continuously trying to motivate their employees so that to develop their employees and to acquire skills which are related with gaining business objectives. Building significant image is one of the greatest measure which is helping the business to grow and develop their employees. When giant organisation such as Marks& Spenceris using methodsof learningand developmentwhich meansthat the organisation is trying to instigate such measures so that functions of the organisation can be strengthened and in the same way primal responsibility of boosting the business capacity can be seen(Zittoun, 2017). For Marks & Spencer, it is necessary for them to make significant image of their business as this will lead to minimise talent shrinkage and at the same time value preposition can be given to working employees. This is one of the major practice which is used for developing employee contribution in respect of creating competencies. Lifelong learning abilities are required to be developed so that opportunities can be instigated in such a way that various aspects within the organisation can be satisfied. The major function of learning and
development measures is to contribute in the success of the organisation and when the entire transformation may take place. The functions of learning and development is used within the organisation for acquiring success and to decide priorities as well.This is essential for the organisation that to establish corporate structure so that capability building programs can be exerted and at the same time capability gaps can be fulfilled (Brewster and et. al., 2016). In the context ofMarks & Spencer and Rowllinson Knitwear for both the organisation keeping of significant HR management is one of the most essential development need which is used within the business for assessing the human resource and develop effective leadership as well. One of the primal stage of using evidence-based approaches within the organisation is to get over the intimation factors so that public interest can be served and at the same time different barriers can also be eliminated in equivalent manner. CONCLUSION Fromtheabovedemonstratedreportthiscanbeconcludedthathumanresource management is regarded as one of the significant department which is having various roles withinanorganisationandcouldbehelpfulingainingsignificantbenefitsintermsof sustainability and long edged success. Using such methods this would be easier for the organisation to acquire talent and retain the same for gaining longer success. This is analysed that for an organisation their employees are treated as major asset and in this manner using such aspects would lead into gaining market prominence and developing the business into various market territories. On the other hand, this is elaborated that using learning and development intervention could be helpful for the businesses to deal with various issues and eradicating the same so that to deal with challenges related to business functions. In the same manner when learning and development interventions are used within business then this is having major positive impact as in terms of developing skills of employees so that the same can be used in managing business functions and attaining organisational objectives as well . The department of human resource is executing differentiated roles which are related with developing aspects in the business so that severe measures related with applying critical role to the business and in the same manner such strategies can be used by the business which is used for attaining overall businessobjectives.Thereportclearlyidentifiedargumentsrelatedwithhumanresource management and need for learning and development measures. Such measures are helpful for the business in developing ways for inhaling succession measures and to provide support to their
business. In this manner the report has identified the interventions that can be used by businesses and these are to be used by the businesses for developing succession opportunities.
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