...of HRD in organizations of all sizes and sectors across the world” (2009). Obviously, facing the economical globalization, development of technology, the coming of information age and lowering of trade barriers, as a result firms have to think of new and effective ideas to compete with other competitors. Human capital is the most special asset of a company. It is special because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets (Becker, 2008). The result, organizations’ aim is to make their own human capital special that other organizations cannot copy. Competitive advantage is secured when organizations have skills and capabilities that are unique, difficult to replicate and imitate by competitors (Rainbird, 1995). HRD is a process of developing and unleashing human expertise through organization development, personnel training and development for the purpose of improving performance (Swanson & Holton, 2001). McCracken and Wallace have mentioned in their article that, organizations should ensure any investment which is made in human capital with the promotion of HRD strategy is clearly linked to the wider corporate strategy (2000). Strategic approach to HRD is a relative new concept in HRD and training and development fields. It is not a traditional training and developing view of interventions in response to specific problems of organizations (Beer & Spector, 1998). A strategic...
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...Running Head: MOTIVATING THE CORPORATE ONLINE LEARNER Motivating the Corporate Online Learner Tracy L. Lendi Capella University ED 7210: The Delivery of Distance Education Dr. Molly Lane June 15, 2005 Abstract Corporations have changed drastically over the years. In the past, employees remained at companies for the duration of their working life until retirement. Those days are gone and employees are now, more than ever unsatisfied with their job causing a significant decrease in motivation. Employees are faced with expanded job descriptions coupled with constant company reorganization causing them to question where they fit in. The most well structured online learning initiative could fail if deployed in this type of environment due to the reduced motivational level of the corporate employee. Index Motivating the Corporate Online Learner 4 The Positive Work Environment 7 Accelerated Learning Theories 9 The Adult Learning Theory 11 Motivational Theories 12 Online Learning and the Barriers 14 Motivating the Corporate Adult Online Learner 17 References 24 Motivating the Corporate Online Learner Determining the root cause of why online learning initiatives fail may require a closer look into the environment inside today’s corporate America opposed to an examination of the course content and construction alone. Corporate America today is very different from the one that existed fifty years ago. In...
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...1.0. Introduction: In general sense we mean “Bank” as a financial institution that deals with money. There are different types of banks like Central bank, Commercial bank, saving bank, Investment bank, Merchant bank, Co operative bank etc. But when we use the term bank it generally means ‘commercial bank’ that collects the deposit from surplus unit of the society and then lends the deposits to the deficit units of the society. The existence of banking sector is not a new matter, as its existence was long years ago. But the new thing is that how it operates and presenting its activities for the purpose of serving customer requirements to increase their well being in the sense of wealth. Banks also provide many services for clients to make easy their life in a busy environment. In this competitive environment in today’s world, the entire bank increases their facilities in favor of their customers to retain them and capture more share of the market to be leader. Interest is one of the main factors in attracting customers and also one of the significant factors in increasing extra income from providing loans besides other service income. So, it can be said that conventional banking systems are interest-based system. Bangladesh is one of the largest Muslim countries of the world. The people of this country are deeply committed to Islamic way of Life as it is mentioned in the Quran and Sunnah. But it is not possible for the people to establish and design their economic lives...
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...Technology’s Impact on Employee Training Introduction Technology impacts every aspect of our lives in the 21st century. In our fast-paced professional environments, we continually seek efficiencies with our time management skills and training methods that meet the real time needs of both the organization and the individuals that require that these learning objectives are implemented into their daily jobs. In the past, on-the-job training offered the most effective avenue for transferring knowledge. However, with the introduction of technology in the United States during the 20th century, ensuring quality standards were implemented meant that organizations had to re-evaluate their training methodologies. Additionally, laws implemented to advocate for workers also brought about changes in the approach to employee training. With the onset of technology as a helpmeet for understanding the needs of an organization as well as offering training that helps grow the business, employers began implementing these new technological learning opportunities when offering employees both company-centric and legally required training. Noe (2010) tell us that, “Recognizing the value of human, social, and structural knowledge, many companies are attempting to become learning organizations and to manage knowledge in order to develop better products and improve customer service.” Therefore, as companies proceed into the 21st century and modify their approach to training on a global scale, technology...
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...e-learning - A Review of Literature Prepared by Tim L. Wentling Consuelo Waight James Gallaher Jason La Fleur Christine Wang Alaina Kanfer Knowledge and Learning Systems Group UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN September 2000 Funded by Allstate Insurance Company Sears, Roebuck and Company Eastman Kodak Company 1 UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN Table of Contents Topic Page I Defining e-Learning 3 II Strategic importance of e-Learning 6 III Organizational Culture and e-Learning 8 IV Trainers in an e-Learning environment 10 V Understanding distributed learners 13 VI Evaluation of e-Learning 19 VII Cost effectiveness of e-Learning 30 VIII Selected e-Learning comparison studies 34 IX Global issues in e-Learning 41 X e-Learning industry trends and delivery technologies 48 XI. References 60 2 A Review of Definitions Economic, social and technological forces continue to change the global economy, and the way of life in organizations and the world. In specific, these forces have and continue to revolutionize teaching and learning in organizations. Urdan & Weggen (2000) related that technology, the rapid obsolescence of knowledge and training, the need for just-in-time training delivery, and the search for cost-effective ways to meet learning needs of a globally distributed workforce have redefined the processes that underlie...
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...What Corporate Training Professionals Think About e-Learning: Practitioners’ Views on the Potential of e-Learning in the Workplace WHAT CORPORATE TRAINING PROFESSIONALS THINK ABOUT E-LEARNING: PRACTITIONERS’ VIEWS ON THE POTENTIAL OF E-LEARNING IN THE WORKPLACE ! Allison Rossett and James Marshall San Diego State University ABSTRACT An exploratory study of 954 mostly veteran workplace learning professionals sought to determine why respondents adopt e-learning. The results indicated that they see e-learning was most valuable for delivering instruction governing familiar company tasks, such as providing information about products, fulfilling compliance requirements, and securing standardization. While the results were largely predicted by the investigators, respondents offered one surprising conclusion. Respondents believe that e- learning is useful in capturing and sharing best practices. They concluded that technology-mediated learning is less capable of providing instruction in tackling murky challenges, such as teaming, cultural understanding and passion for the work. KEYWORDS e-Learning, Corporate Training, Compliance, Globalization, Soft Skills, Corporate Training Professionals, Survey I. INTRODUCTION...
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...globalDeveloping the Global Leader of Tomorrow SPONSORED BY Developing the global leader of tomorrow Contents I Overview of research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 I Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 I Chapter 1 Trends in the external environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 I Chapter 2 The organisational response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 I Chapter 3 Implications for knowledge and skills . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 I Chapter 4 The performance gap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 I Chapter 5 Sourcing and developing knowledge and skills . . . . . . . . . . . . . . . . . . . . 20 I Next steps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 I Case examples Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Novo Nordisk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 BG Group . . . . . . . . ...
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...University Management 5305 Organizational Theory Course Instructor: Dr. William Cojocar, Ph.D. Herlinda Sifuentes (January 31, 2012) Abstract Building a culture for Innovation, creativity, smart technology, non-traditional work environment, business management and new strategies sum up the focus of innovation in todays’ competitive changing world . Todays’ economy brings opportunities, moves quickly, and marks innovation as the only way to stay ahead of fast-moving developments and increasing competitive pressures. In their book “Innovation, The Five Disciplines for Creating What Customers Want” Curtis Carlson and William Wilmot (2006) provide a developed disciplined process of innovation. This paper will analyze challenges the business environment faces in developing new ways to lead, inspire creativity, innovation, and challenges in managing the evolving generational gaps in the workplace. Introduction For organization be successful in the current business world is not an easy task. A strong Corporate culture and efficient leadership is essential to face challenges that are presented by competitors and the changing environment. Todays’ organizations must keep themselves open to creativity and continuous innovation, not only to prosper but merely to survive in a world of disruptive change and increasingly stiff competition. These challenges usually make an organization engage itself into making crucial decisions and changes to stay competitive, innovative...
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...Training for a better organization Employees in today’s organization are under mounting pressure to do more with less. Organizations face constant change in response to fierce global competition and the introduction of new technologies (Nilson, 1999). As organizations scramble to rethink and out perform their competition the very nature of work is changing. Rothwell, et al (2003) states many CEOs today understand the value of learning and can articulate how a better-skilled workforce helps the organization grow and succeed. They expect learning and development to support the organization's strategies, and to prepare employees to implement the direction the company needs to take to grow. As the workplace learning and performance profession has increasingly earned its seat at the strategic table and become a business partner, the need to develop that foundational competency has become more pronounced (Meier, 2000). WLP professionals must understand key functions of the business, such as finance, marketing, operations, leadership, strategy, and talent, as these areas represent the core business knowledge that will allow them to take on broader leadership responsibilities and add value to their organizations. An important part of building business skills trying to understanding learning effects on the organization, and communicating those effects. Business leaders expect accountability not only for training and development budgets, but also for the results of learning initiatives...
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...CORPORATE E-LEARNING: EXPLORING A NEW FRONTIER Trace A. Urdan Cornelia C. Weggen turdan@wrhambrecht.com cweggen@wrhambrecht.com 415.551.8600 “In a time of drastic change, it is the learners who inherit the future. The learned find themselves equipped to live in a world that no longer exists.” Eric Hoffer, in Vanguard Management, 1989 2 March 2000 Equity Research TABLE OF CONTENTS Executive Summary .....................................................................................................................................1 Education in the 21 Century – Creating a Learning Economy.......................................................................2 Why e-Learning?...........................................................................................................................................3 The Solution – Bring Learning to People .......................................................................................................6 Definitions – e-Learning versus Online Learning ............................................................................................8 Key Trends – The End of Learning as We Know It ........................................................................................10 The Corporate e-Learning Market – The Pie is Big ......................................................................................13 Market Segmentation – Claiming a Stake on the New Frontier ................................
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...E-Learning Strategy 1 E- Learning Strategy and Knowledge Management (Insert Your Full Name Here) (Insert Your Institution’s Name Here) April 18, 2016 E-Learning Strategy 2 E- Learning Strategy and Knowledge Management Introduction The role of the Human Resource department in the workplace has shifted dramatically as these consultants, specialists and teams apply proven methods of management to what would otherwise be an extensive and unproductive employee base. The field of human resources encompasses the type and level of management necessary for the active and effective recruitment, hiring, day-to-day employment practices, job termination policy, job description policy and much more (Hesselbein, Goldsmith, and Somerville, 2001). While the requirement to maintain a strong and productive labor field had never truly been lost on the savvy employers of the past, the recent advances in human resources knowledge have actually brought this field into the active role that it entails in order to implement positive changes upon a company’s strength and capability among its competitors. It is through the development and conveyance of an understanding of positive, hands-on techniques that, when successfully executed within a company’s employees, a human resources team can actually change conditions on the ground, human resources professional everywhere have started to notably widen profit margins to a greater extent, by increasing not only competence, but productivity...
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...SPECIALISATION) SIXTH SEMESTER (2011 Admission) MANAGEMENT TRAINING AND DEVELOPMENT Question Bank 1. Rapid Creations has been acquired by Indigo Hues. Employees of the acquired company need basic training in A. Human relations B. New technology A. They are not convinced about their benefits B. They do not like to be away from their colleagues and friends C. They feel they are ill equipped that they need training D. None of the above 3. ____________, as a training method, helps the trainee gain cross functional knowledge A. Apprenticeship B. Simulation C. Job rotation D. Job enlargement 4. The method of training in which the trainee is given a series of questions to answer after reading relevant material is called A. Role playing B. Simulation exercises A. No of participants B. Reputation of the trainer C. Learning benefits to the trainees D. The amount paid in TAs and DAs paid to all trainees 6. Raj, a fresh chemical engineer has been provided training in a simulated work environment using the same equipment and materials that he would be using on the job A. Case exercise B. Computer modeling C. In basket training D. Vestibule training C. Programmed instruction D. Committee assignment C. Managerial aspects D. Company policy and procedures 2. Employees resist participating in training programs mainly because 5. The basic yardstick to measure the success of a training program is Management Training and Development Page 1 School of Distance Education 7. Mohan has...
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...ENHANCING STUDENT EMPLOYABILITY: Higher Education and Workforce Development Ninth Quality in Higher Education International Seminar in collaboration with ESECT and The Independent. Birmingham 27th-28th January 2005 The Competencies for Next Generation Employability Eamonn McQuade, Deirdre Hogan, John O’Donoghue, Theresa Maguire, Eamonn Murphy. Programme for the University Industry Interface, University of Limerick Conference Theme 3: Working with employers Abstract It is generally accepted that employees will need to broaden their knowledge, skills and competencies through a lifetime of learning if they are to remain employable, and if enterprises are to maintain their competitiveness in a knowledge-based global economy. However, identifying and developing skills and competencies for next generation employability in Ireland is a challenging task. The Programme for University Industry Interface (PUII) is an action research project, established in 2003, to determine the skills and competencies required by Irish Industry and to develop learning models that will facilitate their delivery. This paper presents the outcomes of an action research methodology based on a Community of Practice model (COP), which addressed the issues surrounding competencies for next generation employability. It proposes a competency framework which integrates the four key categories of skills: Business, Technical, Interpersonal, Intrapersonal, and presents a set of recommendations...
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...| Leadership Development at Goldman Sachs | | Problem Statement How to develop an effective senior leadership development plan at Goldman Sachs to cultivate a culture that complements the existing team culture? | Process | EA Factor (Political, Economic, legal etc.) | Implications on the problem | PoliticalEuropean acquisition of US firms | * This put pressure on the American firms. * Created the “War For Talent” | Economic * Surge in the financial sector. * Many companies were going public. * There was an increase in the acquisitions in the financial services industry. * Lucrative overseas market. * IPO markets were growing, generating continuous revenues. | * Change in the financial sector, changed the way organisations functioned. * Opportunities and resources became global in scope. * Expansion forced institutions to expand their workforce. * The increased workforce called for more capable leaders throughout the organisation. * New industries and upcoming companies presented attractive opportunities for key employees from traditional companies like Goldman Sachs. This placed stress on the employee retention ability of these older companies. * Companies like Goldman Sachs hence had to look deeper into the adequacy of their training and development programmes. | SocialNot Relevant | | Technological * Dot Com Boom * Emergence of new media, telecommunication & technology industry. | Development of technology enabled the...
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...Independent Study Training Need Analysis of Habib Bank Ltd. Islamabad Region. Conducted By: Ismatullah Butt MS (MS) Student Reg. No. 04-2114 Supervised By: Mr. Imran Qamar Faculty Member SZABIST-Islamabad. Purpose of Study: The changed work environment in banking due to a number of economic, political, technological, legal, cultural and global factors has necessitated assessment of the training needs of HBL employees, especially the branch managers. This is necessary to equip them with the needed competencies to face the challenges of the time successfully. Further, the investments committed to the training function can only be justified if they add value to the performance of the people undergone through the training programs. Likewise the Training Need Analysis (TNA) enables the trainer to design the needed training programs for the relevant employees. Conducting Training Need Analysis (TNA) is a continuous phenomenon as such business managers and trainers need to pay proper attention to keep the organization buoyant for all times to come. Methodology: ▪ A well structured questionnaire was used to collect primary data. The respondents included: ...
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