HRM Training Report: Training for Enhanced Organizational Performance

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This report addresses the critical role of training within Human Resource Management (HRM) for organizational success. It emphasizes how training initiatives can foster a skilled workforce, improve employee morale, and reduce turnover rates. The report highlights the importance of tailored training programs to meet individual employee needs and ensure a competitive edge. It discusses the significance of basic safety training and workplace communication, as well as the need for organizations to continuously adapt to changing environments through ongoing training. Furthermore, the report underscores the necessity of demonstrating the value of training to company leadership, emphasizing its impact on achieving goals, maintaining competitiveness, and ensuring regulatory compliance. The report also references academic sources to support the arguments made in the analysis.
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Running Head: Human Resource Management 1
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Human Resource
Management
HRM
Date: 11/08/2019
Reference Style: APA
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Human Resource Management
Student 1
As companies look to market share, one of the assets that would differentiate a market
leader against another lagging behind is workforce. Employees are that resource which can be
classified as VRIN-Valuable, Rare, Imperfectly imitable and Non-substitutable (Talaja, 2012). It
is the employees who create goodwill for the company and differentiates it from other players in
the market. So, to ensure that the employees always deliver a certain standard of service to the
customer and demonstrate certain efficiency in their jobs training becomes essential. Training
can also improve the employee morale and reduce the turnover rates of the employees. Training
can help a company remain competitive, realise high performance levels, high retention and
increase in revenue and profitability. Thus, training is an important activity for any organisation
and cannot be overlooked.
Student 2
Every organization tries to remain not only competitive but be able to beat the
competitors. One way for the companies to achieve this is through training. However, the
training need for the employees varies from one another. Thus, the way forward is to map
capabilities of each employee along with the capabilities required in the job. After the mapping is
over, the next task is to chart the development of each employee towards the goal and design
detailed action plan for each one of them (Salas, Tannenbaum, Kraiger & Smith-Jentsch, 2012).
Such customized training programs would differ from one employee to another according to his
or her needs. Besides these there are some basic safety trainings that need to be administered to
all the employees irrespective of their seniority or duration in the organization. This includes
safety training, training on workplace communication etc.
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Human Resource Management
References
Salas, E., Tannenbaum, S. I., Kraiger, K., & Smith-Jentsch, K. A. (2012). The science of training
and development in organizations: What matters in practice. Psychological science in the
public interest, 13(2), 74-101.
Talaja, A. (2012). Testing VRIN framework: resource value and rareness as sources of
competitive advantage and above average performance. Management-Journal of
Contemporary Management Issues, 17(2), 51-64.
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