Training in the Organization: Benefits and Techniques Term Paper by scribbler
Training in the Organization: Benefits and Techniques
A discussion on the importance and strategies of employee training in the organization.
# 153216
| 1,807 words
| 12 sources
| MLA
| 2013
| 
$19.95
Buy and instantly download this paper now
Description:
The paper reviews the studies that suggest that quality training should remain a top priority for businesses since employee benefits result in organizational benefits. The paper shows how effective training does not have to be too costly and looks at the various techniques companies can use to gain a competitive edge and maximize the effectiveness of the training. The paper points out that businesses will not get the results they seek unless the entire company fosters and maintains a sense of ethical responsibility, and, training experts continue to stress the importance of reinforcing training by following-up with employees on a regular basis and offering "refresher" and advancement programs. The paper concludes that as technology rapidly advances, information security risks increase, and jobs overall get more complicated, effectively training employees takes on even greater importance.
Outline:
Introduction
Employee Benefits = Company Benefits
Keeping Training Costs Under Control
Training Optimization Techniques
Conclusion / Recommendations
Outline:
Introduction
Employee Benefits = Company Benefits
Keeping Training Costs Under Control
Training Optimization Techniques
Conclusion / Recommendations
From the Paper:
"In 2006, Patrick Owens, Jr. conducted a study that revealed useful results about the ways in which training benefits an organization (Owens). For example, positive variables bolstered by increased and more effective training included: job satisfaction, "organizational commitment" and lower turnover rates, improved performance, and an increased sense of "organizational justice" (Owens). While it may seem obvious that improved training would ultimately increase profits, there has been scant research detailing the nature of that phenomenon; therefore, Owens' study is important and relevant (Owens)."In her 1995 article on the training practices at Las Vegas' Mirage Resorts, Dawn Anfuso discusses the ways in which Mirage's approach garners the business a competitive edge. As she states, although Mirage is geared toward making work fun for employees, the company also maintains a sharp focus on training: "Training is a business priority...even before the new casino/hotels were built, [the manager] learned in his research...just how important training is to a successful opening" (Anfuso, Las Vegas Resort Bets on Training - and Wins). The Mirage spent nearly $7 million on training before opening two new hotels, and continues to spend roughly $8 million per year on corporate-wide training (Anfuso, Las Vegas Resort Bets on Training - and Wins)."
Sample of Sources Used:
- Anfuso, Dawn. "Creating a Culture of Caring Pays off." Personnel Journal 74.8 (1995): 70+.
- --. "Las Vegas Resort Bets on Training - and Wins." Personnel Journal 74.9 (1995): 78+.
- Benest, Frank. "Retaining and Growing Talent: Strategies to Create Organizational "Stickiness"." Public Management 90.9 (2008): 20+.
- Crain Communications. "The 10 Most Forward-thinking Leaders in Workforce Management." Workforce Management 85.5 (2006): 1+.
- Ganger, Ralph. " Hris Logs on to Strategic Training." Personnel Journal (1991): 50+.
Cite this Term Paper:
APA Format
Training in the Organization: Benefits and Techniques (2013, May 07)
Retrieved October 01, 2023, from https://www.academon.com/term-paper/training-in-the-organization-benefits-and-techniques-153216/
MLA Format
"Training in the Organization: Benefits and Techniques" 07 May 2013.
Web. 01 October. 2023. <https://www.academon.com/term-paper/training-in-the-organization-benefits-and-techniques-153216/>