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Mgt501 Assignment No. 2 Solution

Monday, January 03, 2011 Posted In Edit This

Most of the practices of the Human Resource Management are interlinked and have a profound impact on one another. The prosperity of organizations rests upon the skills of its employees. If an organization wants to prosper, it needs to take into account the existing skills of the employees and take measures to get them match with the needs of the technology. While investing in employees, the organization actually invests in it’s self. Or the development of organization is subject to the investment in its employees. 


Elaborate how the investigation of skills and investment in employees can lead to the development of the organization. Word limit: 500 words

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SOLUTION:

As mentioned in statement the prosperity of and organization is directly proportional to its skilled employees

Technological change is so rapidly that individual may have to change their skill 3 or 4 times during career.

A recent research made us to clear that ‘’unfortunately mostly available workers are too unskilled to match with job requirements’’

Even now many companies complain that supply of skilled labour is dwindling and they must provide the worker with basic training to make shortcomings of public education system

To rectify these shortcoming companies currently spend large amount year on a wide varietyof training programs

First of all an operational analysis is conducted to identify the kinds of skill and behaviours required.

Trainin is given to those who need it. Assigning all employees to training is a wastage of organization resources.

Following sources are used to assess either there is need for training or not.
1- self assessment 2- company records 3- customer complaints 4- new technology 5- employee grievance 6- interviews with managers 7- customer satisfaction surveys 8- observation


benefits gained by investing for employees:

by investing for employees organization will get skilled employees. And the performance measurement will be positive after training.

Productivity will increase. Trained and skilled worker will show improved performance and its performance will be substantially better than that of unskilled.

Refrence:

POSTE TRAINING PERFORMANCE METHOD

PAGE#99

PRE-POST TRAINING PERFORMANCE WITH CONTROL ***** METHOD

PAGE#4

TO DEVELOP PEOPLE

GLOBALIZATION

PAGE#32

SKILL SHORTAGES AND RISE OF SERVICE SECTOR

PAGE#34

HUMAN RESOURCE MANAGEMENT

PAGE#58


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