StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Investment in Staff Development - Essay Example

Cite this document
Summary
Investment in Staff Development Prepared For: Connie Jaracz Walsh College 3838 Livernois Road Troy, MI 48083 Prepared By: Jwana Matloob BBA-Finance Walsh College Date: August 23, 2012 MEMO To: Connie Jaracz From: Jwana Matloob Date: August 13, 2012 Subject: Staff Development Statement of the Problem The employees of a company are probably the most important people in the organization…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Investment in Staff Development
Read Text Preview

Extract of sample "Investment in Staff Development"

Download file to see previous pages

It could consist of classroom training, on-the-job training, or lectures. Since every individual learns differently, different methods of training can also be combined together. Training is imperative for technological advances and for every employee to be on the same page when new programs or updates are added. Statement of the Purpose The purpose for this work plan is to determine the positive effects to investing in staff development, and the different approaches that meet the needs of many companies.

Research will include the importance of the Human Resource Department, different programs and processes used by many organizations, and finally the expectations. Research Strategy and Methods of Data Collection Sources for this work plan will include sources from the Walsh Database. I will look for articles relating to the importance of the HR department, the different programs used by companies, and articles involving the advantages and disadvantages of investing in staff development Tentative Outline The tentative outline for this work plan is as follows: I.

Introduction A. Purpose B. Scope C. Sources II. Human Resource Department A. Goals B. Costs C. Time III. Methods A. Classroom B. On-the-job C. Lectures IV. Expectations A. Advantages B. Disadvantages V. Conclusion VI. Recommendations Timeline and Breakdown of Tasks to Be Completed TASK ASSIGNMENTS AND SCHEDULE Each phase of this report will be completed by the following dates: Conduct Research 8/14/2012 Interpret Information 8/15/2012 Write First Draft 8/17/2012 Practice 8/20/2012 Revise 8/24/2012 Submit paper 8/27/2012 Presentation 9/10/2012 Sincerely, Jwana Matloob Contents Contents 4 Introduction 5 On-the-Job Training 6 Off-the-Job Training 7 Advantages 7 References 11 Introduction The success of firm not only depends on the available resources, but rather depends greatly on the competencies as well as quality of its human resources (Browell, 2000).

The level of development of the human resource determines the production process efficiency and the effectiveness of the different management areas. Consequently, the human resource function of an organization refers to the employees’ skills, knowledge, aptitude, creative abilities, talents and the values/beliefs. This research report demonstrates the importance of investing in staff development. It will also determine the positive effect in employee development and the difference approaches that companies can use in order to instill new and up-to-date skills within its work force (Keck & Alper, 2006).

Such methods include education and training which are very essential in staff development. Human Resource Development (HRD) HRD is the process by which individuals in an organization grow professionally through the attainment of new knowledge and skills as they also increase their competence levels (Black & Armstrong, 2005). HR department is useful in any type of organization whether it be retail, medical, educational, or any type of business. This department handles all the hiring, firing, training development, employee retention and everything that deals with employees.

Human Resource employees recruit the right people for the organization and for certain positions. It helps an organization communicate with its employees with any problems between co-workers,

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Investment in Staff Development Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Investment in Staff Development Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/journalism-communication/1456311-staff-development
(Investment in Staff Development Essay Example | Topics and Well Written Essays - 1250 Words)
Investment in Staff Development Essay Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/journalism-communication/1456311-staff-development.
“Investment in Staff Development Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/journalism-communication/1456311-staff-development.
  • Cited: 0 times

CHECK THESE SAMPLES OF Investment in Staff Development

Managing Creativity & Change

This essay is focused on the issue of managing creativity and change.... As the author puts it, the hierarchical structures in organizations must be followed by companies that aim at becoming competitive since power is delegated from the top to the lower management levels.... … In the past due to a monopoly of firms in a production of goods and services, change and creativeness were not considered as a major tool that can improve the economy and create competition....
9 Pages (2250 words) Essay

FDI's Impact on the Development of India

FDI is fundamentally regarded as an invaluable source of private capital especially for developing nations which plays a decisive role in making deliberate efforts towards both national along with international development.... The approach of FDI is principally regarded to be an imperative tool for the financial development of any particular nation through standardising advanced technologies, effectively utilising valuable resources and developing innovative techniques (Moghe, 2008)....
11 Pages (2750 words) Essay

Foreign Direct Investment in the Mining Industry in Burkina Faso

The government of Burkina Faso revised its investment code in the year 2010 that demonstrates the government's interest in attracting Foreign Direct investment in order to be able to develop industries producing goods that can be exported.... The Government of Burkina Faso wishes to catch the attention of foreign direct investors in order to attract more foreign direct investment and has been implementing strategies over the past few years.... Despite the fact that the country is currently ranked 151 out of 183… to the ‘Doing Business 2011' report published by the World bank, Burkina Faso was cited as one of ten economies take took the largest stride towards making their regulatory environment more constructive for conducting business and henceforth the country was ranked fourth Later in 2013 the country was ranked 153 out of 185 in according to the ‘Doing Business 2013' report (US Department of State, “2011 investment Climate Statement - Burkina Faso”; Ficci, “Burkina Faso”; US Department of State, “2013 investment Climate Statement - Burkina Faso”)....
18 Pages (4500 words) Essay

Effects of Foreign Direct Investments on China Economy

Effects of FDI on the recipient countries have been a touchy area of research in commerce, economics and politics (Organisation for Economic Co-operation and development Staff 56).... On the other hand, micro economic approach focuses on the impacts of FDI on the grass root economy in various sectors like skills development and employment generation specifically establishment of small businesses being highly emphasized on (Huang 40).... Foreign direct investment refers to the direct investments made to a businesses or a production process in a given country by companies or individuals from other countries....
8 Pages (2000 words) Essay

Factors Affect the Business Environment of Aber Gardens

Customers exhibit low switching costs and high requirement of capital for making the Investment in Staff Development and infrastructural facilities.... The author of this paper under the title "Strategic Management" touches upon the information about the bargaining power of the buyers or customers Aber Gardens include the Leisure and Business travelers are also considered as an important factor affecting the operations of the hotel....
8 Pages (2000 words) Assignment

The Rapidly Changing Business Environment

In addition, employees' motivation to work is supported by Investment in Staff Development, where people see that their skills and abilities facilitate reaching of the organizational objectives.... As a result of such findings, employee satisfaction was defined as an effective measure of positive In order to identify the relationship between employee satisfaction and its direct influence on employee performance, it is important to establish the levels of motivation, such as payment, promotion and reward, need in development, the level of freedom and stress, understand how employees perceive business environment, in a friendly manner or like a hostile surrounding....
4 Pages (1000 words) Essay

The Role of Human Resource Management in Implementation of Corporate Policies

HRM function includes a variety of functions like recruitment and selection, training and development, employee benefits and compensation, performance appraisal, and motivation techniques.... Policies and procedures enable the management and staff alike to understand the individual and team responsibilities in addition to the limitations....
6 Pages (1500 words) Term Paper

Information & Knowledge Dynamics in Organisations

In order to understand the role of information and knowledge in the development of organizational performance, we should primarily proceed to the presentation and analysis of the definition and the characteristics of these terms.... The paper “Information and Knowledge Dynamics in Organisations” seeks to evaluate the retrieval and the use of information, which is a significant target not only for the entrepreneurs but also for employees....
16 Pages (4000 words) Dissertation
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.
Contact Us