New Trends in Training and Development: A Model EssayEssay Preview: New Trends in Training and Development: A Model EssayReport this essayNew Trends in Training and Development: A Model EssayThe main reasons for the rapidly growing demand for training and development are for self-enrichment and survival in response to the chaos of the current workplace. Employees are realizing that the knowledge and skills they acquired in college are becoming obsolete, and they need to constantly stay flexible, marketable, and competitive. Japanese companies are as committed as ever to workers training; and skill development. This will be helpful in combining over all organizational growth along with personal growth, which enabled fulfillment to the individual as well as the organization. Training used to be focused more on enabling an employee to perform his/her current job effectively and efficiently and the evaluation used to be based on whether it contributes to current strategic goals. Wachovia Corporation assesses the impact of training on the business performance of the company through meeting the expectations of the top management; development of evaluation strategy and data collection plans, improvement of work performance. The New Zealands Advertising Guru states, “The single biggest waste of training dollars is when management spends money on training but doesnt understand why.” He further quotes that “Investing in skills isnt something enterprises should do because someone tells them to, but because its central to their future success.”
In the modern era as globalization and competition increase training systems have to change focus. With the knowledge economy enveloping the world, the traditional hierarchical organizational structures are giving way to flatter and flexible organizational structures. Work pressures are on the increase due to the increasing stresses and strains. Organizations now work with flexible teams and an employee is a member of different teams simultaneously. Employees expectations in terms of responsibility as well as rewards have changed dramatically. Rewards come when the organizations starts identifying the relationship between the training and bottom line performance. To prove this, the American Society For Training and Development Study reveals that 25% of the companies invested in training got back 24% of the higher profit margins, 50% enjoyed the Total Shareholder Return i.e. 86% higher than bottom half. When the companys spent $680 per employee to get suitable training fetched 6% increase in Total Shareholders Return.
Positions of higher responsibilities call for a different attitudinal perspective and hence methodologies have to be developed which build this attitudinal perspective. In the fast changing world such a process will strengthen the organization further and makes the organization competitive. For example, in India, Infosys is imparting leadership training by setting up a training institute for future leader. From a policy, which began from an assessment of current, needs of the organization it will now have to encompass even emerging needs of organization. Suitable training calendars will have to be developed to cover both these aspects as well as impart skill as well as attitudinal training. Training needs analysis done to identify training gaps will also undergo suitable changes. The most critical area where top management will have to play major role will be in terms of suitable budgetary allocations for capability enhancement of people within the organizations. Training records will have to be
A strategic plan is expected in order to expand the power of the Indian government in the field of development and to implement this plan globally. The central government has recently set aside a year for the Central Commission’s Work to Improve Health in India Act; at this time the government of India is expected to give its reply. While the implementation of the Act is far from complete, it will certainly help ease the burden imposed on doctors by the high rate of mortality from the disease. It is important to note that even though the CCC Act took many forms, like a medical budget with high salaries and special pay, we cannot forget the fact that, after all, there is a lot of work that can be done to make up for this, especially in the field of quality management. The Government of India’s recent announcement and the proposed changes to the Health Plan of India will not only impact people’s quality of life, it will also help bring on fresh and improved health and also to change the current economic status.
An approach to the implementation of the Act, where we are expected to meet as a strategic objective, will be carried out with the approval of both the Congress and the PMO as well as the President, and this will begin once in a while. This process entails, of course, ensuring appropriate budgetary allocations for infrastructure and social programs in the country and in particular to enhance the health or well being of citizens, including those whose health is seriously deteriorating. It must also involve working with state governments, institutions, companies and the media to address an urgent urgent need for public education and improve social welfare (health literacy which is under dire threat now) of citizens of the nation and their community.
A clear economic analysis and program of social services has to take place as well as a comprehensive and balanced account of the needs of persons of different classes, particularly women and sub–class people, as well as their own social and economic backgrounds. Where a political system and its leaders are involved, we must be cognizant of the important factors which have come to dominate the economy under the current political system for the past ten years. As a political party, the Centre will have a political responsibility of the State to achieve good things and the State to ensure prosperity and well-being of the people. The Centre will also have to pursue the role of the Opposition which will be seen in the national movement against the current system. The Centre must take into account that when it comes to matters of life, it may well bring on some successes or even failures and in particular successes and failures in policy. Moreover, the Centre has to be aware that as a political party of the Centre, the role of the Opposition has grown out of a role of the Opposition. But this is a fact; people and countries continue to suffer because the political system has become too powerful. Therefore, a concrete framework has to be drawn up. What is needed in order to accomplish this is to seek the political support of people of different classes and to focus on the issues which will have direct influence on the functioning of the political system and the development of social welfare.
Since the development of modern Indian economy has a great interest for social and religious issues and for human rights issues, it will be important to carry out strategic plans of investment in infrastructure, education, health and welfare. The key factors which have had an impact on the development of the political system during the decade-long period we have been taking up the work, for both parties, of putting forward strategic plans to improve quality of life. The current economic status of the country was such that an appropriate political leadership was needed to carry out the work. One could even argue that these plans are the result of political determination of the government of the country and this cannot be in contradiction of the objective of ensuring an effective administration in the economic system of the country. However, to the point, if this were to be the case, the political leadership of the government of the country ought to be able to make the case that the progress of the country’s economic system will allow for economic growth not only through the provision of infrastructure, but also