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Training and development, Rattar Muhammad Azam

Training and development, Rattar Muhammad Azam

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Published by: rattar_azam75 on Jul 27, 2009
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05/11/2014

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CHAPTER 9:TRAINING ANDDEVELOPMENT
Copyright © 2005 South-Western. All rights reserved.
Overviewed By:Rattar Muhammad AzamFederal urdu universityKarachi
 
Copyright © 2005 South-Western. All rights reserved.
1–2
 Training & Development Training & Development
 
Training & developmentTraining & development
Represents ongoing investment inRepresents ongoing investment inemployees, and recognition that employeesemployees, and recognition that employeesare assetsare assets
Importance of training & developmentImportance of training & development
Rapid technological changes cause skillRapid technological changes cause skillobsolescenceobsolescenceRedesign of work brings need for new skillsRedesign of work brings need for new skillsMergers and acquisitions have increasedMergers and acquisitions have increasedneed for integrating employees into differentneed for integrating employees into differentculturesculturesEmployees are moving between employersEmployees are moving between employersmore often, necessitating trainingmore often, necessitating training
 
Copyright © 2005 South-Western. All rights reserved.
1–3
Benefits of Training & DevelopmentBenefits of Training & Development
Individual employeeIndividual employee
Increased employee marketabilityIncreased employee marketabilityIncreased employee employability securityIncreased employee employability security
OrganizationOrganization
Improved bottom line, efficiency andImproved bottom line, efficiency andprofitabilityprofitabilityIncreased flexibility in employees who canIncreased flexibility in employees who canassume different and varied responsibilitiesassume different and varied responsibilitiesReduced layers of managementReduced layers of managementMakes employees more accountable forMakes employees more accountable forresultsresults

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