HRM 592 Week 5 Mini Paper

Training and Development is imperative to the organization’s progress. Training helps addressing employee weaknesses and builds a reliable and skilled workforce. This will improve the employees’ performance and boost their self confidence, and innovation. By acquiring the needed knowledge and skills, employees can perform more efficiently and increase the overall productivity of the organization.

The assignment for this week focuses on the team’s understanding of the goals and objectives of training program development and delivery. Team C summarizes the following highlights of this week’s discussions: determining organizational development theories and applications; differentiating between mentoring and executive coaching; identifying the major components of employee training; and comparing career development strategies.

To end the stereotyping and doubt that police officers have toward African Americans, the participants of the event should incorporate Xavier students, personnel and staff, Xavier University Police Department, and randomly chosen African Americans and police officers in Cincinnati. The random selection will be done online, where African Americans who are interested in attending the event would sign up online. Afterward, they will be chosen at random and will be later informed that they have been selected. Similarly, the names of the Cincinnati police will be selected at random. The random selection will eliminate bias. It is also essential that Xavier students and Xavier Police be available in order to construct a bond between the two. Their presence is important in the dialogue so as to prevent incidents like that of Tamir Rice from happening at Xavier. Furthermore, in order to guarantee full participation, I recommend that the Xavier Administration make this event a no class day and make it mandatory. Students should likewise be given some sort of encouragement to attend the event. For example, Xavier can sponsor for every student who attends the event to have a free dinner at the

Responsiveness to Identified Needs: Standard is met when FPO assists in negotiating or clarifying appropriate performance and operational goals, as demonstrated in LMI grant activities such as, but not limited to, the following:

It's an efficiency ratio "that calculates how long, on average, credit customers take to pay the amounts that they owe to the business" (Mclaney and Atrill, 2012 p. 256). It is obvious that a business will prefer a short settlement period than a large one to improve both cash flow and cash flow efficiency.

When the organization invests in training and development to improve the knowledge and skills of its employees, the investment is expected to yield productive and effective employees. The programs could be focused on individual performance or team performance depending on the development need identified by a training needs analysis which helps in the creation and implementation of training and management development programs. In the view of Grobler, Warnich, Carrel, Elbert and Hatfield (2004:345), training needs have to be determined first.

Wal-Mart is the world's largest retail and departmental store chain. Having business operations in 27 countries with 69 different brand names, Wal-Mart is able to serve a huge number of customers per day. Wal-Mart is the fastest growing and the most successful retail brand in the world. The factors which make it the strongest brand in its industry include large customer base, sound financial strength, strong brand image, and huge supply chain network. Wal-Mart has certain weaknesses in its operations and business setup like low acceptability of certain products, high employee turnover, and less recognition of newly introduced brands. These weaknesses can be overcome by availing attractive opportunities from the market and investing more in the most profitable areas. Wal-Mart faces the biggest threat from its competitors and ever-changing customer preferences.

Most organizations do not follow-up on the benefits of training as regards staff performance. As a result of this they don’t take training and development as an important factor in organizational growth and survival. Most manages do not know how to assess the return on investment in training, nor are they equipped with the necessary management tools to monitor the decision making process of such investment. It has been discovered that training and development budget is the first cut when the organization is faced with difficulties because most of them are of the opinion that investment in the area of training and development is not linked to the bottom line of the business. Globalization and rapid technological development has changed the conditions for companies and increased competition in the world markets. The quality of a company’s human resources is the key driver for sustained top-level performance. It has become crucial to continually invest in human resource development in order to guarantee success in the global market. As earlier said, managers engage in minimal training thereby not giving quality training to their employees, this in turn affects the overall outcome of the training and the performance of the staff. Most organizations that have a competitive image see more reasons to train their workers than those who are on the lower rung of the ladder of recognition, but training and development is still needed to create a niche. In the light of the above,

Wal-Mart is the highest revenue generating organisation in the world (Forbes, 2014). According to WalMart’s annual report (2014), the company owns 6,100 stores in 27 countries. It employees 2.2 million

The company I am reviewing for this research paper is Walmart. Walmart is a global company that originated in the 1960’s by its founder Sam Walton. Mr. Walton opened his “first retail store in Rogers, Arkansas in 1962” (Walmart Corporate). The current “home office is located in Bentonville, Arkansas” (Walmart Corporate). In 1991 Walmart became a “global company when it opened a Sam’s Club in Mexico City, Mexico” (Walmart Corporate). As of this year “Walmart employs 2.2 million associates worldwide and serves more than 200 million customers each week at more than 11,000 stores in 27 countries” (Walmart Corporate).

Training represents an organization’s planned effort to enhance the skills, knowledge and abilities related to the job with a view to improving its overall performance. A variety of options are available to the HR manager and practices vary between small and large organizations. Common training practices include formal classroom training, on-the-job training, mentorship and other informal methods, and specific training provided by suppliers and other external parties (Hargis & Bradley, 2011).

Walmart strives to bring good value to its customers under one roof. They provide a wide variety of goods and brands at competitive prices.

This capstone project literature review will consist of historic and present studies of employee training. This capstone project is compiled of literal evidence on employee training from primary and secondary literal findings. According to Gills and Johnston, (1997) as cited by Saunders et al., (2007) the fact that, knowledge does not exist in vacuum has made the researcher visit as much literature on sited research problem. The secondary research is collected from peer reviewed articles; published books, library, online databases, and validated websites. There are several theories that the capstone will help future research by in-depth analysis of study outcome. The capstone focuses on past research work to gain better understanding of the framework for organizational training. The following Literature Review publications two of three are areas of strength as it relates to the

Corporations with a trained workforce will have the contentious influence over companies who lack the experience, and qualified people and make the better organizational structure(Wilson, 2005). Training of company employees must happen at all levels and should be unexceptionable. It is necessary that trainers be selected to direct employees and work alongside them. By doing so will continue to help polish their experiences and possibilities. Companies will need to earmark funding for the training department. These resources have a

However as a result of the important effect training has on organisational efficiency, (Michael Armstrong, 2006) identified certain potential benefits that an organisation will gain from using training technique to improve its workers. The first benefit is that training improves operational flexibility by extending the range of skills possessed by employee (multi-skilling). Secondly, training attracts high quality employees by offering them learning and development opportunities, increasing their levels of competence and enhancing their skills, thus enabling them to obtain more job satisfaction, to gain higher rewards and to progress within the organisation. The third benefit is that training improves individual, team and corporate performance in terms of output, quality, speed and overall productivity. The forth benefit of training is that it provides higher levels of service to customers.