[Management and Organizational Studies 3343A/B] - Final Exam Guide - Ultimate 35 pages long Study Guide!

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Training and development (t&d) is important to employees, organizations and customers. Many serious incidents are caused by a lack of training, which costs lives and money. T&d is a key factor in creativity, innovation and transfer of knowledge. T&d provides a sound return on investment (roi) Performance management: the process of establishing performance goals and designing interventions and programs to help employees develop their performance over time. Performance expectations and goals monitor performance and provide feedback employee (re) training and development performance evaluation and consequences employee (re) training and development. Training: formal and planned efforts that allow employees to acquire ksas to improve performance in their current job (short-term focus) Development: formal and planned efforts to help employees acquire ksas required to perform future job responsibilities, i. e. career goals and organizational objectives (long-term focus) Human resources development (hrd): systematic and planned activities that are designed by an organization to provide: