EDUC 240 Lecture 2: lecture-notes-course-2-15-by-learning-objective

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Lecture notes - course 2-15 - by learning objective. Learning objectives: understand meaning of performance management, training development & human resource development. Organizations train employees have knowledge and skills necessary to help organizations achieve their goals and objectives. Link training to an organization"s strategy training = strategic activity that operates with other programs and activities to achieve an organization"s strategic business objectives: effectiveness. Trained employees do better work, make fewer errors, require less supervision, have more positive attitudes, and have lower rates of attrition. Produce higher-quality products and services: positive effect on organization"s competitiveness and effectiveness. Studies show that companies who invest more in training have higher revenues, profits and productivity growth. Training and organizational effectiveness = positively related to human resource outcomes, organizational performance outcomes and to lesser extent financial outcomes. Training = more effective than other interventions: employee recruitment and retention. Training and development = effective tool for attracting and retaining top talent.

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