Training and development Critical Literature Review There is a substantial literature in the area of organizational training, and the increasing focus on training programs by HR management departments at the workplace today than ever before, perhaps due to the rising awareness of the significance of training especially in the view of turbulent changes in global business environments…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
Therefore, this means that it is increasingly becoming difficult to define management at the contemporary workplace due to inconsistencies in both the classical conceptualization of management and the actual practicalities of management in organizations today, due to challenges of the changing environment. According to Andre De Waal et.al 2009 p.180, Vietnamese banks are increasingly under pressure to find ways of enhancing performance to increase their competitiveness in the highly competitive Vietnamese banking industry. Competition often results to scarcity of resources and decline of returns on investment especially where organizations have a low market strength compared to rivals, and this lack of competitiveness might eventually result to organizational failure. Andre De Waal et.al presents on the much under researched topic of high performance organization and characteristics of high performance in the Vietnam banking industry, and some of the major HPO factors highlighted include, but are not limited to, quality of management and workforce quality. Quality management entails establishing and maintaining trust relationships with the human factor of the firm on all levels by valuing staff loyalty, treating them fairly with respect, understanding individual needs, in addition to encouraging belief and trust in others. A HPO also develops its workforce by training them to acquire strategic competencies and capabilities, giving them opportunities to learn from others, and encouraging creativity in the accomplishment of tasks through performance reviews. The banks in the Vietnam banking sector have come under increasing pressure to implement training programs in response to the pervasive pressures in the banking industry, to achieve both competitiveness and sustainability in the long term. Ha Thu Vu and Sean Turnell 2010, p.115 states that the banking sectors around the world have been subject to considerable changes over the past few decades through a number of factors such as deregulation, mergers and acquisitions, financial liberation, in addition to other reform and restructuring programs. They observe this evolutionary trend in the Vietnamese banking industry that started with the transformation of Vietnam’s banking system from a mono-tier to a two-tier banking system; domestic Vietnamese banks later went through rapid restructuring programs, financial deregulation, and became integrated into the global financial systems. Ha Thu Vu and Sean Turnell examine the cost efficiency of the Vietnamese banking industry by incorporating the monotonicity and concavity constraints in calculating the cost frontier using the Bayesian approach. In addition, this body of literature presents that the Vietnamese banking industry has undergone rapid reform programs to recapitalize the banks, to reorganize management activities, to improve staff skills, and enhance performance. This research further observes that the overall progress of the banking industry reform has been spotty with the profitability of the Vietnamese banks remaining marginal. Quang Truong et al 2010, p.75 highlight the pervasive focus on developing and managing the human resources especially in the light of the search for competitive advantage and increasing
...Download file to see next pagesRead More
(“Training and development Literature review Example | Topics and Well Written Essays - 2000 words”, n.d.)
Training and development Literature review Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/human-resources/1482750-training-and-development
(Training and Development Literature Review Example | Topics and Well Written Essays - 2000 Words)
Training and Development Literature Review Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/human-resources/1482750-training-and-development.
“Training and Development Literature Review Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/human-resources/1482750-training-and-development.
Table of Contents
Research Question 3
Literature Review 3
Overview of Training 3
The Training and Development Process 4
Methods of Training and Development Programs 6
Impact of Training on employee performance and productivity 8
The most worrying aspect of the fluctuation is that it is unpredictable and can bring about either a slump or an increase to the economy. For this reason therefore, it is important for businesses to come up with survival mechanisms that can rescue them especially when the economy deteriorates (Whalen 2011, 216).
To learn more on how the community pharmacists can take advantage of the New Medicine Service self-assessment tool when offering the New Medicine Service to the public, this study conducted a literature review to explore new ways on how the New Medicines Service self-assessment tool can be utilized for the continuing professional development (CPD) of the community pharmacists.
The changes in demographics, technology, skill demands and relationships have caused an increased demand for training of employees within organizations and companies (Clarke & Caffarella, 1999). It is as a result of this that these organizations have designed and implemented training programs and projects for its employees as effective approaches of meeting the increasing demands for knowledge, skills and the competitiveness within various markets (Bartol, Tein, Matthews, & Martin, 2005).
It then emphasizes the importance of training, as to how it can benefit organizations, including its implications depending on the success or failure of training programmes implemented. The study then associates the link between individual growth and that of the company's, and how this can help the organization meet and exceed its goals.
It is important to note that the review will additionally outline the methods and methodological position of the researchers or writers, and it will even mention any existing problem and gaps within the existing body of knowledge.The main journal article for reference will be picked from Rodgers and Wrights (1998).
The author states that Maddox has training gaps in terms of corporate results owing to the fact that it lacks necessary technological resources related to computers (hardware, software, etc.); knowledge, skills and abilities of employees, mainly because they do not have significant exposure to such technology; and performance of the employees.
In this case, various ways of improving employees’ performance as well as means of achieving a competitive advantage in the market are addressed. Radical changes have been documented in the current business environment forcing the organizations
The research will provide an understanding of the resources that may be available for Shell Obodoki to continue their training programs. The information will provide factors that can be used to develop a training program so that Shell Obodoki can afford to continually develop their employees. Shell Obodoki is a business that provides energy.
10 Pages(2500 words)Literature review
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the literature review on your topic
"Training and development"
with a personal 20% discount.