HRD 3340 Chapter Notes - Chapter 2: Barilla Group, Swot Analysis, Balanced Scorecard

• School: University of Houston
• Department: Human Resources Development
• Course: HRD 3340
• Professor: Estella Gillette

Document Summary

Intro: business strategy: plan that integrates the company"s goals, policies, and actions. Influences how use physical, financial and human capital: determines type and amount of training, direct and indirect links, the evolution of training: from an event to learning, needs to be long-term thinking. Learning as a strategic focus: the learning organization, company that has enhanced capacity to learn, adapt, and change. Share knowledge: the strategic training and development, biz strategy formulation and id, mission: reason for company existence, vision: wants to achieve, values: what stand for, goals: what hopes to achieve. Swot analysis: internal analysis of strengths and weaknesses and external analysis of opportunities and threats to co. that exist: external analysis: examine op environment to id opportunities and threats. Id strategic training and development initiatives that support the strategy. Learning-related actions that a company should take to help it achieve its biz strategy: based on environment, diversity learning portfolio, expand who is trained, accelerate pace of learning.