...Training and Development to Prepare Future Leaders Kimberly Farmer Kimberly.Farmer@live.com Keller Graduate School of Management Professor Carden March 29, 2015 HRM 594 Introduction This paper aims to show the relationship between development and training and how these concepts can be used to prepare future leaders. I will delve deeper into the differences between training and development and when each concept should be used and for what type of individual. Furthermore, a detailed look into succession planning, the pros and cons and how it can be effective in the long term success of an organization. Approach Failure to plan for the future can be devastating to a company. According to a recent study by Egon Zehnder International, “the number of managers available to step into leadership roles will drop dramatically in the coming years.”(Developing Future Leaders: The Importance of Succession Planning | The Glasshammer) One would guess why that it so? Well, in my opinion, it is because there is a lack of highly trained and developed managers that are ready and able to fill the positions. This means that recruiters are going to have to become more creative to find the talent internally, because hiring from the outside will become more costly and slightly more difficult. “Historically, companies only considered leadership development a priority for top executives. Market issues are beginning to change this mindset and more and more organizations are starting to...
Words: 1603 - Pages: 7
...Socially Desirable Merit Good Urban planning in the Netherlands: An Overview Sachin Peiris (CEG08025804) Gilang Haruna Dharmasaputra (CEG08024485) Evgenia Papoula Economics 13 March 2015 Socially desirable merit goods are “goods that society deems so valuable that everyone should have them” (Frischmann, 2012, p.45). One such example of this is urban planning, being the focus of this paper. Urban planning has been in the spotlight of many governments although, underprovided many a time. This paper will be an overview of the process of urban planning that the Dutch government has implemented in Amsterdam in the past, the ongoing projects with its objectives and its positive effects on society. In the introduction some features of merit goods will be examined. Furthermore, we will explain what is meant by urban planning and how urban planning is a merit good. In the second part we will scrutinize the importance of urban planning and the role of the Dutch government in providing this service to the public. In the third section of the paper, we will discuss the positive externalities of urban planning in Amsterdam. Finally we will look at, the possibility for this service to be provided by the private sector and whether market failure will arise if left to the provision of the free market. In this discourse, we will interconnect economic theories applying them to the merit good under review viz a viz (urban planning). Merit goods in general tend to be underprovided by...
Words: 2499 - Pages: 10
...What is meant by Human Resource Planning? Human Resource Planning is a process of systematically reviewing human resource requirement to ensure that the required numbers of employees with the required skills are available when and where they are required. Human Resource Planning is the development of strategies for matching the size and skills of the workforce to organizational needs. Human resource planning assists organizations to recruit, retain, and optimize the deployment of the personnel needed to meet business objectives and to respond to changes in the external environment. The process involve carrying out a skills analysis of the existing workforce, carrying out manpower forecasting, and taking action to ensure that supply meets demand. This may consist of the development of training and retraining strategies. Human resource planning has typically been used by organizations to confirm that the right person is in the right job at the right time. 3.1 Identify the need and Importance of Human Resource Planning Human Resource Planning is important for an organization to achieve goal. The major importance of Human Resource Planning is: a) To avoid disturbance in the production process In Human Resource Planning, the manpower requirements of the organization are determined well in advance. So the manpower is supplied continuously to the organization. b) HRP needs for HRD: HRP is important for planning the investment in the development and utilization of human resources...
Words: 311 - Pages: 2
... Suggested teaching time This is based on a two year teaching course of five and a half terms with one and a half hours of history teaching each week. This would be a seventy week course with total teaching time of approximately 100 hours. The schemes suggest the following timescale for the different sections: * Paper 1: 20 hours for each of the two topics: Total 40 hours. * Paper 2 Section A: 20 hours for the topic: Total 20 hours. * Paper 2 Section B: 25 hours for the topic since it covers a longer period in time. Total 25 hours. * Revision: 15 hours. Possible options for those with less teaching time * 20 hours for Section Paper 2 Section B * 10 hours for revision. Other course planning support You will find other support for planning the course in the Teacher’s Guide. This is a free downloadable resource that you can access at www.edexcel.com/certificate. Edexcel Subject Advisors Edexcel has a team of specialist subject advisors available to help you with implementation of this specification. You can contact them by email...
Words: 19278 - Pages: 78
...Question 9 * Human resource planning involves getting the right number of people with right skills at right place at right time to implement organizational strategies in order to achieve organisational objectives. * In light of the organization’s objectives, corporate and business level strategies, HRP is the process of analysing and organisation’s human resource needs and developing plans, policies and systems to satisfy those needs. * The process involves carrying out a skills analysis of the existing workforce, carrying out manpower forecasting, and taking action to ensure that supply meets demand. This may include the development of training and retraining strategies. Human resource planning has traditionally been used by organizations to ensure that the right person is in the right job at the right time. IMPORTANCE OF HRP MODEL * Provides quality workforce One of the Importance of Human Resource Planning is that effective Human Resource Planning fulfills the organization needs for a quality workforce. Quality workforce aids in giving a company a competitive advantage over its rivals. * Reduces labor costs Another Importance of Human Resource Planning is that a proper Human Resource plan reduces labor costs substantially by maintaining a balance between demand for and supply of HR i.e. works as a cost saving device for the company. * Facilitates rise in skills Another Importance of Human Resource Planning is that it facilitates the rise in skills, abilities...
Words: 1810 - Pages: 8
...Q1A. WHAT IS PLANNING AND BUDGETING IN SOCIAL DEVELOPMENT PROGRAMME AND WHAT ARE THEIR IMPORTANCE PLANNING AND BUDGETING IN SOCIAL DEVELOPMENT PROGRAMME INTRODUCTION Like budgeting, planning is crucial to, individuals and organizations. The popular saying is “he who fails to plan, plans to fail”. Without good planning, development which is assumed to be the ultimate goal of all social programmes becomes a mirage. The primary reason for planning is to take care of the future. Thus, planning is deciding in advance what to do, how to do it, when to do it, who is to do it, why do it, and how much resources are to be used. Planning requires both skill and innovation than budgeting because the time period that development plans normally do take care of is much longer than budgeting that is barely twelve calendar months. Put differently, planning is anticipation of the future based on the present therefore, ‘Plan is a blueprint of action.’ A budgeting is simply the statement of expected income and expenditure over a time period, usually a year. Program planners at all levels do envisage how much they are likely to generate from all source available to them. At the same time, they visualize what the expenditure will be. The income side of a budget normally does include loans sourced both internally and externally. In essence, budget has become the means by which programme’s objectives is achieved. The major advantage of budgeting is to guarantee orderly development of the programme...
Words: 4496 - Pages: 18
...level changes to handle the increasing customer demands and planning for the future strategies. Following were the challenges which Ghosh faced when he joined Appex: 1) The organization was initially small and the decision making was centralized among the key executives. All other employees were only involved in developing and selling products. 2) People had expertise in definite sectors but everybody did anything which came to their mind. 3) There was no functional structure, roles were not defined and there was no job description 4) As the market was growing, more projects poured in and people worked on many projects at once 5) The environment started becoming chaotic and the company was spending cash quickly without monitoring its expenses. 6) Employees were only “fire-fighting” with the existing operations and there was no development or underlying planning structure. 7) Customer complaints started increasing and Appex was unable to handle the increasing demand and volume of customer requests. 8) Company started missing the installation dates and fell behind schedules, there were failures in product development. 9) Information flow started becoming difficult, there were clashes in the product development process and coordination and integration started falling apart. 10) There was no financial planning, the operations became unproductive and looseness of projects didn’t work. 2. Evaluate the importance of each of the structural changes Shikhar Ghosh implemented...
Words: 2303 - Pages: 10
...practice of promoting quality of Public infrastructure and technical audit is new approach in Nepal but the importance of quality & technology has become the concerned subject matter since 1970 AD only. Adequate concentration is never given towards the quality of development activities and better services. Asian Development Bank (ADB) & Administrative Improvement Commission has addressed towards the quality maintenance and optimum utilization of expenses for better Public infrastructure in 1990. As a result in 1992 A.D. Chief Office of technical audit was establish within Ministry of Physical Planning and development (former Ministry of Transportation and Development) In the process of improving the capacity and procedure of technical audits Ministry of Physical Planning and development has given the speed but the main role and function was still passive. In 2058 B.S., the arrangement was made for establishing the Technical audit Division under the first amendment of economic administration Act. RMDP under DTAC project was implemented in 31 st July, 2003,working for preparation of TA manual for Road, Drinking water and Sanitation. It was funded by World Bank. It has become a great challenge to maintain the quality of Public Infrastructure for the government of Nepal . Scattered Planning and petty Civil workers is disturbing in quality maintenance of public development activities. Only government organization could not cope the challenges to maintain the quality of public...
Words: 776 - Pages: 4
...NAME: UGWU JESSICA UKAMAKA MATRIC NUMBER: 14NE1039 FACULTY: EDUCATION DEPERTMENT: ART EDUCATION (ENGLISH) COURSE: CREATIVE WRITING COURSE CODE: ENG 208 LECTURER’S NAME PROF. GBENGA IBILEYE DATE: 23-11-2015 TOPIC FUNDAMENTALS OF EDUCATIONAL PLANNING A. BRANCHING EGG: this is a branch of brain storming that organises the summary of writing in an egg form; placing the topic in the centre of the egg and giving it the necessary branches needed. COMPONENT OF EDUCATIONAL PLANNING * Educational financing * School building * Educational status and headcount * Supply and demand of teachers FUNDAMENTALS OF EDUCATIONAL PLANNING IMPORTANCE To avoid imbalances and enormous waste. OBJECTIVE * Political dimension * Economic dimension * Cultural dimension B. OUTLINE: this is a way of formally arranging and developing an idea on topic writing, which helps in guiding one to develop a proper and organise write-up. 1. INTRODUCTION i. Purpose: to explain the basics of educational planning ii. Is educational planning important in education? iii. What are fundamentals of educational planning? 2. BODY COMPONENTS OF EDUCATIONAL PLANNING Educational financing i. Federal, state and local government ii. Individual and firms financing through scholarship School building i. Well ventilated doors and windows ii. Wide and comfortable classrooms Educational status and head count i. The numbers of pupil to be enrolled ii. The number of classes to be...
Words: 1013 - Pages: 5
...instructions on self-management for home care, post-hospitalization. Patient education in nursing should be a focal priority, yet is often slighted due to time constraints, and lack of staff, preparation and materials. The purpose of this paper is to discuss the importance of sufficient patient education prior to discharge for patients with residual home care. Research on this topic could have beneficial implications for patient satisfaction pertaining to quality education for home care prior to discharge. Evidenced-based research has illustrated that the development of educational tools to aid nursing in providing succinct and pertinent information of discharge criteria has attributed to a rise in patient satisfaction. Considerations for educational materials were preferred language, specificity of patient concerns, and simplicity of educational materials. Summary Contemporary day surgery: patients’ experience of discharge and recovery Gilmartin (2007) reports that surgical procedures once requiring hospitalization are now performed on an outpatient basis, which minimizes the opportunity for adequate discharge planning and instruction. Gilmartin (2007) suggests that due to the brevity of the patient’s stay, the importance of providing the patient with supportive information and instruction specific to the patient’s...
Words: 1527 - Pages: 7
...School of Computing EMSE Co-supervisors: Prof. Dr. Dr. h.c. H. Dieter Rombach (TU Kaiserslautern) Dr. Ove Armbrust (Fraunhofer IESE, Germany) School of Computing Blekinge Institute of Technology SE-371 79 Karlskrona Sweden Internet: www.bth.se/com Phone : +46 455 38 50 00 Fax : +46 455 38 50 57 Abstract Context. Due to the uniqueness of software projects there is no single Agile development approach that ideally fits all project contexts. Each software project is unique, whether in its subject area, development team, or project size. Because of this, adapting Agile practices according to project circumstances is a must. There has been a number of literature published discussing Agile practices adaptation topic. However, it is still unclear how to adapt Agile practices. Therefore, researchers as well as practitioners need to find out the knowledge of how the Agile practices adaptation should be applied in software development project. Objectives. In this study we investigate how companies adapt their software development practices when they claim they use Agile software development....
Words: 49494 - Pages: 198
...Abstract Manpower planning has in the past relied too much on the forecasting of manpower requirements in an organization or a society. It should be more concerned with gaining a better understanding of people, and how to develop and match their skills to what organizations or societies require. Employees should be involved in the formulation of manpower policy objectives. Manpower planning involves a ‘stocktaking’ of the workforce and its skills; forecasting the future demand and supply of skills; and diagnostic approach so that adjustments can be made to meet organizational and/or country objectives. The essence of the diagnostic approach is in the understanding of the reasons for any imbalance between the supply of and demand for manpower. What is Manpower Planning? Discuss the process and importance of Man Power Planning in an organization . Ans. Manpower planning means planning means deciding the number and type of the human resources required for each job, unit and the total company for a particular future date in order to carry out organizational activities. Manpower planning may be viewed as foreseeing the human resources requirement of an organization and the future supply of human resources and (i) making necessary adjustments between these two and organizational plans and (ii) foreseeing the possibility of developing the supply of manpower resources in order to match it with the requirements by introducing necessary changes in the functions of human resources management...
Words: 1618 - Pages: 7
...Texas Instruments and Hawlett-Packard Strategic planning systems Texas Instruments is more diversified company, whereas, Hawlett – Packard single industry with related diversified firms. That is why we suggest TI to use vertical strategic planning system. Business units prepare strategic plans and submit them to senior management to review and approve. For related diversified and single industry firms, like HP, tend to use both vertical and horizontal. The horizontal dimension might be incorporated into the strategic planning process in a number of different ways. Moreover, tend to create new markets and exited as a cost- driven competitors entered and the market matured. In consequence, for HP importance of strategic planning is very high due to uncertainty of environment in a “build” strategy. However, Texas Instruments favored early entry, followed by expansion and consolidation of its position, resulting in dominant market share when the product matured. So, for TI importance of strategic planning is relatively low due to stable environment. Budgeting systems For Hawlett – Packard role of the budget is short-term planning tool, whereas, for Texas Instruments is control tool. HP is concentrated on more flexible production processes to meet the needs of its custom and low-volume markets, while TI concentrated on more capital-intensive and cost-effective production processes to supply its more standard, high-volume markets. For HP, this implies relatively high control...
Words: 578 - Pages: 3
... B0924494 COURSE TITLE Rural Planning and Development COURSE CODE DG 420 PROGRAMME Bachelor of Science Honours in Development Studies LECTURER Mrs. Chinyanganya ASSIGNMENT TITLE Rural development hinges on effective rural planning. Discuss. The development of rural areas requires a comprehensive and holistic approach which calls for a multi-sectoral effort and a wider pool of institutions. It incorporates socio economic, political and environmental processes which require effective rural planning. Rural planning is therefore an essential prerequisite for sustainable rural development. Rural planning is multidimensional as it includes comprehensive, spatial (physical planning), economic and financial (development planning), agricultural land use (land use planning) and natural resource management (water, environmental, national parks and forestry planning) (PlanAfric; 2000). However, effective rural planning faces a number of challenges which will be highlighted later in the text. Rural development is defined by AgriInfo (2011) as a process that aims at improving the standards of living of the people living in the rural areas. It is an integrated process which includes social economic, political and spiritual development of the poorest sections in society. Chambers (2005) defines rural development as a strategy to enable a specific group of people, poor...
Words: 1872 - Pages: 8
...factors in future leadership development. The importance of business leadership is well articulated with the observation, a good leader can make a success of a weak business plan, but a poor leader can ruin even the best plan. That’s why developing effective leadership using a consistent talent management program at all levels across the organization can return significant business value. To identify, attract, fill, and retain corporate leadership talent, companies need leadership development programs focused on hiring strategies, employee development, and career and succession planning. Successful organizations need both leaders and managers, but there are fundamental differences between a manager and a leader. While leaders influence, inspire, and drive people to a common goal, the role of a manager is to keep the day to day operations of an organization running smoothly. Employee development must reflect these differences and provide development of both sets of skills. Major talent management functions all play a part in a comprehensive leadership development program, and can be well supported by a unified talent management technology platform, specifically: Recruitment to source leadership talent Assessments to evaluate leadership capabilities both internally and externally Performance Management to monitor and make course corrections in developing leaders Succession planning to avoid leadership gaps in the future Career planning to allow employees to understand...
Words: 813 - Pages: 4