Aims of Training and Development Essay -- Business and Management Stud

Aims of cooking and DevelopmentTraining can be teaching method employees new skills that are relevant totheir current job position or refreshing the skills that they alreadypossess. To have a good knowledge and maturement course enablesfirms to develop individual employees and the organisation itself as cooking is one of the best forms of motivation. Employees are able tobroaden their knowledge and become much valued indoors the firm. Havinga well-trained workforce is greatly beneficial for a company asemployees are likely to be more incite and tar give out driven. Also diverse jobs and tasks are likely to be carried out more efficientlyif the workforce is highly skilled at what they do. Listed below aresome off the principal(prenominal) benefits to a company in having a well-trainedworkforce- Training and development will enable a company to have a much more flexible workforce- Employees will become more motivated and are then likely to be more productive- If employees ar e offered advanced training in areas such as ICT, HSBC may find that can progress further as a firm into more advanced markets- If employees are motivated and comfortable in the work they do there will be a fall in absenteeism- If employees are properly trained in health and safety accidents around the workplace will be reduced Types of TrainingThe three main types of training that companies offer are- Induction Training- on the job Training- Off-the-job TrainingInduction TrainingThis involves introducing new employees to the workplace, existingemployees and showing them what the job will entail. It is importantthat the they get an idea of how the company is run, the companieshistory and that they get familiar with the services and products thecompany offer. During the induction process employees will be shownhealth and safety procedures and the basic layout of the workplace.This is so they know where an appropriate member of mental faculty if a problemwas to occur. The induc tion process allows employees to gain essentialknowledge before starting their job and ensures safety and maintenancein the workplace.On-the-job Training During on-the-job training employees are taught the skills andtechniques they need while actually carrying out their job. Types ofon-the-job training include Coaching and Mentori... ...nowledge and thiswill depend on their breeding ability and training needs. To plan thisproperly HSBC design a training and development plan and use it tosummarise the required financial support.The training is sort out into Training and Competence Management Development Supervision/team leader courses Professional qualifications Maintenance of professional knowledge Learning Centre Individual training needs HSBC Individual training needs externalThe finance part will budget a certain amount for training andthe training department will have to make sure they stick to it. Thismeans that the training department would have to justify all costsassoc iated with the various training and development methods. Theywould have to assess how many hours and how many workers the trainingwill use to get a rough idea of the cost. Clearwater StrategyHSBC use a dodge known as Clearwater. This is a strategy fordifferentiating the bank from its competitors through the provision ofhigh quality customer service. This would create an environmentconducive to increased sales producing income growth and thusincreased profitability.