Nobody downloaded yet

The Value and Importance of Training - Assignment Example

Comments (0) Cite this document
Name Surname Professor Name Subject 14 January 2012 The Value and Importance of Training Introduction: Training as part of the management programs within an organization proves to be essential since although the program might incur a small period of time, its effects are usually lasted for a longer period of time…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.1% of users find it useful
The Value and Importance of Training
Read TextPreview

Extract of sample "The Value and Importance of Training"

Download file to see previous pages Thus, it can be realized that the value and importance of training in an organization can be understood only if an organization undertakes a planned and efficient training program and sees through the results. The current study focuses on the value and importance of training, the current trends in the training and considering the Wal-Mart stores, the study shall try to associate the importance of training programs in the company. About the Wal-Mart Company: The Wal-Mart group of stores was started in the year 1962, when it initiated its discount stores in Rogers. Wal-Mart stores were incorporated in 1969 and in the present times it is one of the biggest retail stores in the world. It sells its products across 20 different countries and has gained around 2.1 million associates for its business throughout the world. The company intends to satisfy the customers by providing with retail products at costs that customers can easily find reasonable. The company has its own set of values and principles and has been following them over the years for the success of the company. It gives high value to the service that can be provided to its customers and has a large customer base (About us). The plans of the company give light to the company’s focus on customer’s satisfaction which requires the effective performance on the part of the organizational employees. The different products of the Wal-Mart group of stores are: apparels, health and beauty products, electronics, toys, jewelry, items for lawns and gardens, automotive products, furnishing products for home, hardware, sports goods, supplies for pets as well as household products. Wal-Mart also has its super-centers with products like packaged foods, fresh products and others. The company sells its products through its neighbor markets, express stores, and the super-centers. The company also makes use of the internet facilities and serves its customers through the online ordering and feedback measures. The online feedback of the customers are considered significant by the company for its future modifications and improvement (Walmart). Thus, the study on the company clearly indicates that the company needs to continuously update and keep its employees trained such that they can serve efficiently in all the respects and departments of the organization gaining the satisfaction from the customers. Current Trends in Training: The training and development of employees within organizations are based on increasing the skills and expertise of the employees for the betterment of the organization. It is thus, an important role of the human resources management team of any corporation to look for the ways to include and improve the training programs for the employees to be properly trained. The trends that improve the capability of the human resources team in any organization and hence, the training of employees include the “increased globalization of the economy”, “technological changes, challenges, and opportunities”, “the need to be flexible in response to changing business environments”, “increase in litigation related to HRM”, and “changing characteristics of the workforce” (Bernandin, 9). The above trends reflect factors that are needed to be taken into consideration for understanding the needs of training programs within organizat ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Value and Importance of Training Assignment”, n.d.)
The Value and Importance of Training Assignment. Retrieved from
(The Value and Importance of Training Assignment)
The Value and Importance of Training Assignment.
“The Value and Importance of Training Assignment”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Value and Importance of Training

The Importance Of Training Within The Organisation

...that are aligned with corporate responsibility vital to achieving market differentiation (EDI 2011). Sainsbury (2011, p.15) offers, “When we set our goals and priorities, we are guided by a ‘materiality’ process which enables us to focus our attention on those areas of greatest impact and importance”. This materiality manifests itself by conducting needs analyses to determine the most important training needs and then applying it to an experiential training program supported by NVQ and apprenticeship. Research did not uncover any significant deficiencies in the training design developed by Sainsbury as the business believes that experiential...
12 Pages(3000 words)Essay

The importance and impact of Training and Development of employees

...that training and development require an investment by both the individual and the organization, an investment that can be measured in both financial and time terms, it is important that both partners receive value for money. It is also important to note that training and development do not occur in an organizational vacuum – they should be linked to the overall goals and strategies of the organization and to the life goals and strategies of the individual (Aguinis and Kraiger 452). In this paper, I will endeavor to define what organizations, specifically the Human Resource Department, mean by training and development, and how these...
14 Pages(3500 words)Essay

Importance of Employee Training Programs

...?Importance of Employee Training Programs Summary Organizational training has a significant impact on employees. Unlike other trainings, organizational training contributes to employee motivation and commitment towards their organization. According to Amoah & Baum, (1997) the hotel industry best describes the impact of employee’s training. This is due to the labour intensive nature of the industry and the significance of practical training on employee’s motivation and skills. Organizational training also contributes the role of HR department within an organization. In addition, organizational...
4 Pages(1000 words)Term Paper

The Value and Importance of Training

...? The Value and Importance of Training the the the Table of Contents Introduction – About Company 3 Current Trends in Training and Development and the most appropriate training selection for FedEx 3 Best ways of applying the training strategies in FedEx 5 Guidelines of a learning, motivation, and performance improvement strategy for FedEx 6 Conclusion 7 References 9 Introduction – About Company Federal Express, better known as FedEx, is a company based in the United States; it provides logistics services to other companies. Originally, in the business of express shipping, the company started offering a wide number of other services after...
6 Pages(1500 words)Research Paper

The Value and Importance of Training

...?The Value and Importance of Training Wal-Mart, started in 1962 as a family-owned discount store, has transformed the retail industry. It is the largest retailer in the world and its sales is larger than the combined sales of three retailers – Carrefour, Home Depot and Metro. As of January 2012, Wal-Mart has a total of 447 stores which includes supercenters, discount stores and supermarkets (Wal-Mart, 2012). Wal-Mart serves customers more than 200 million times per week through 10,000 retail units spread globally in 27 different countries. They employ 2.2 million associates worldwide. With their ‘Every Day Low Cost’ strategy Wal-Mart has been able to become leaders in the retail sector....
6 Pages(1500 words)Essay

Cross Cultural Management. Importance of Value

...models and incorporate their effects in their organizational context. Importance of Value Hofstede and Schwartz have studies cross cultural values and their findings are in the subsequent parts of this section in order to gain acquaintance with importance of value and varying values in different culture. Hofstede Model Hofstede (1993) stated that when management theorists embark to other parts of the world, outside their own country, they encounter strange customers, beings, theories, organizing and disorganizing, immoral or old-fashioned ways of doing things. Some of them work but some of them fail to work. After gaining this...
5 Pages(1250 words)Essay

Importance of training in public safety

...The role of Human Resource Management in promoting the importance of public safety training for the organizations of both public and private sector is discussed in details, as the level of safety knowledge as well as the realization of the issue's seriousness is extremely low among the enterprises. The main conclusion of the work is that HRM play essential role in developing policies for safety training implementation in the public entities and private companies. Key words: public safety training, Human Resource Management, work violence, strategy. Importance of training in public safety The topic of the work is...
8 Pages(2000 words)Essay


...Training As Bob Monroe thinks, training is an inevitable part of industrial operation especially where hazardous substances have been handled. Training will educate employees to identify risk factors and to avoid or reduce unpleasant incidents. However, Bob has failed to design an appropriate training strategy for his HR. To illustrate, the considerable low rate of incident occurrence in the past two years proves that training had some positive effects. One of the major flaws with his training was that its goal was exceedingly narrowed to risk avoidance program. Moreover, Bob himself decided all programs and conducted...
1 Pages(250 words)Case Study

Training Plan ( Training & Devolpment)

... Teacher Training Plan for Time Management Learning Objectives To imbue the importance of Time Management To enable to set their SMART To enable students to do effective time management that would enable them to prioritize and do their work efficiently Participants Students of my class Scope Concepts of Time Management, Time Management tools (i.e. SMART, Time Matrix, making calendar) Date June 08-09, 2014 Location (your university and classroom number) Duration Lecture and discussion – 3 hours (with 15 minute Exercises and workshops – 3 hours Evaluation and Feedback – 1.5 hours Expected outcome/benefit Higher productivity for students due to their ability to manage their time and activities effectively. Training methodology... and ability...
3 Pages(750 words)Assignment


...based on their language and communication skills since the seminar needs someone who can accurately and audibly deliver the message. Moreover, the person must have an in-depth insight into psychological aspects of human resource. These qualities can be tested through interview. Question 3 Although the organization is passionate about developing the employees, the training method they use is not appropriate and effective enough. With such a large workforce, giving an umbrella course means specific individual needs are not factored in. Also, the training offered only ‘during the time of need’ is not effective. It is recommended that training programs be diversified and offered early enough...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic The Value and Importance of Training for FREE!

Contact Us