Resourcing and Training

Strategies
 Introduction
• Resourcing Strategy • Training Strategy
The resourcing strategy allows The training strategy allows
the companies to make sure they companies to achieve educational
hire and retain the employees goal in the company and tech and
they need and employ them update their employees with
effectively. latest knowledge, skills and
competencies.
 • Resourcing Strategy has three components.
These are described below.
Components • Resourcing Plans-Plans to recruit people from
of within or outside the company.
• Flexibility Plans-Plans to help employees adapt
Resourcing to the changing circumstances.
• Retention Plans-Plans to retain the employees
Strategy and key talent.
 Components of
Training Strategy
• Training should be tied to business
objectives, top management
involvement and support, and
involvement of managers at all levels
are important. The program should
emphasize learning behaviors and
skills, not blaming employees, be
well structured, deliver rewards for
performance, and measure the
success of the training
 • The functions of the resourcing strategy are
listed here.
• To enhance the employee brand.
• To clarify the career path for employees.
• To build loyalty.
• To bring the flexibility in the workforce.

Functions • According to Society of Human Resource

Management, the functions of training are
as under.
• To retain employees by providing them
opportunity to grow and develop as an
individual and in their careers.
• To make employees more productive by
helping them to learn the capabilities
and skills to achieve level of expertise.
 The Sources of Resourcing can be internal and
external. Internally, a company can decide to
promote, or rotate the jobs of employees and
retain the key talent within the company.

Sources of Moreover, the company can also hire people

Resourcing from outside by advertising the jobs through

different media and attracting the fresh talent
from the job market.
Strategy
In any way, company can fill the job positions
and employ effectively.
 • The sources of training strategy can be
Sources of internal or/and external.

Training • It depends on company’s intent, capability and

budget if they can afford to train their
employees using own resources or can they
Strategy hire third party to do the training for them.
• The methods used for training depend on the
source of training being used.
• The methods may include workshops,
conferences, lectures, hands on practice, and
many others.
Major theories of Training
Strategy.
• Major theories of training include; Goal Theory,
Expectancy theory, social learning theory and many
others.
• Social learning theory states that People learn by
observing other persons whom they believe are
credible and knowledgeable.
• Goal setting theory defines that Goal influence a
person’s behavior because he or she commits to
attaining the goals. The trainee is being more
motivated when he or she knows that they will be
awarded after performing the task
Major theories of Training Strategy
(Cont.).

Expectancy theory establishes that employees are learning

when they believe they can learn from the training. The
learning and transfer of learning will enhance only when it
is linked with the outcomes. Expectancy theory suggests
that a person’s behavior is based on three
factors: Expectancies, Instrumentality, and Valence. 

Need Theory tells that It is a motivational model that

explains how the needs of achievement, power, and
affiliation affect the action of the employee from a
managerial context. All people may face needs that are a
deficiency in their expectations
 • The purpose of discovery of resourcing
strategy is to find the most suitable
workforce the organization needs, with
the appropriate qualities, knowledge,
Purpose of capabilities and potential for future
training. The aim of this strategy is
discovery of therefore to ensure that an organization
Resourcing Strategy achieves competitive advantage by
employing more capable people than its
rivals. This strategy also seeks to retain
them by providing better opportunities
and rewards than others and by
developing a real organizational culture.
 • The main purpose of discovery of training
strategy is that to produce a positive change
in the functioning of an organization. As
Purpose of applied to the individual, is amounts to an
Discovery of upgrade to that person’s knowledge or skills.
As it applies to a team, training incorporates
Training strategy organizational and communication elements
that can multiply your team’s productivity
dramatically
 • Amazon has one of the very good retaining
tactic to apply the resourcing strategy.
• Employees working at Amazon’s fulfillment
centers for one or more years receive a cash
Example of offer once a year to quit their jobs, with the
Resourcing amount starting at $2,000 and increasing every
year by $1,000 until it maxes out at $5,000. As
Strategies an employee retention strategy, that sounds
counterintuitive, if not a little crazy,
particularly considering how expensive it is to
replace employees. The average U.S. company
spends $4,000 to hire a new employee
 • Pfizer employees go through
Example a representative training
phase which teaches them
of about different Pfizer
products and how to market
Training them.

Strategies
 Thanks!
Any
Questions?