According to Noe, (2017) forces that affect the workplace and learning are as followed; Economic cycles, Globalization, Increased value placed on intangible assets and human capital, Focus on link to business strategy, Changing demographics and diversity of the workforce, Talent management, Customer service and quality emphasis, New technology, and High-performance work systems.
Economic cycles are the period of growth or decline in the economy. Among its factors are changes in the gross domestic product (GDP), interest rates, or even terrorism. Training allows a company to determine the risk factors, and be ready with employees skilled and trained to respond to those risks. An example of can be found in the article Training helps company to avoid deep job cuts”. Here a struggling company that had already undergone several measures to reduce cost, decided to invest in its training program. The train was designed to engage all employee new problem-solving mentality. The training resulted in “greater flexibility among employees, lead to towards a culture of continuous improvement, improved employee morale, fulfillment and mutual trust” (Training helps, 2013). Globalization, which is the ability to interact with other nations, provide opportunities to expand into new markets. As we increasing international trade with others globalization allows not only economic growth but are cross-cultural awareness. Training in this area helps a company employees communicate with other cultures. Necessary competencies needed for management in a global economy are strong emotional quotient, self-awareness, and the ability to build international teams (Noe p.8). Increased value placed on intangible assets and human capital, training in this ear developed worker not only with the knowledge or expertise but not also empower the employee. This empowerment creates more accountable workers. Workers feel they are contributing to the company regardless of the positions. Changing demographics and diversity of the workforce, this category covers generational difference in additional to cultural differences. Each may hold different work value, ethics and vary in job motivator. Training design with this in mind, can reach the employee and help them better understand why a co-worker work ethics are different. The understanding generational difference allows for a more cohesive work groups. Opening lines of communication between the team and other groups within the organization Talent management – is a strategic process that attracts, develop and motivate highly skilled employees. …show more content…
Raining on how to recruit, motivate and grow employees we lead to lower turnover. Talent management recognized that highly motivated worker need to grow through new experiences to reduce the employee need to seek out opportunities at other company. Highly skilled employees are always looking for career growth, According to Tam and Gray, (2016) most learning practices are work related, yet it is essential for learning to include a professional development component to meet employees’ career expectations, not just their work demands”.
Consumer service and quality emphasis, in today’s economy consumer, have multiple buying options. We no longer have to purchase grocery from the same store are parent use. Or purchase clothing at the only store in town. With the increase in our buying options, the deciding factor often comes down to the supplier customer service rating, whether it’s determined by word of mouth or amazon reviews. Training that improves on customer service and quality can provide the competitive advantage, especially to small businesses. New technology – Training on
Economic cycles are the period of growth or decline in the economy. Among its factors are changes in the gross domestic product (GDP), interest rates, or even terrorism. Training allows a company to determine the risk factors, and be ready with employees skilled and trained to respond to those risks. An example of can be found in the article Training helps company to avoid deep job cuts”. Here a struggling company that had already undergone several measures to reduce cost, decided to invest in its training program. The train was designed to engage all employee new problem-solving mentality. The training resulted in “greater flexibility among employees, lead to towards a culture of continuous improvement, improved employee morale, fulfillment and mutual trust” (Training helps, 2013). Globalization, which is the ability to interact with other nations, provide opportunities to expand into new markets. As we increasing international trade with others globalization allows not only economic growth but are cross-cultural awareness. Training in this area helps a company employees communicate with other cultures. Necessary competencies needed for management in a global economy are strong emotional quotient, self-awareness, and the ability to build international teams (Noe p.8). Increased value placed on intangible assets and human capital, training in this ear developed worker not only with the knowledge or expertise but not also empower the employee. This empowerment creates more accountable workers. Workers feel they are contributing to the company regardless of the positions. Changing demographics and diversity of the workforce, this category covers generational difference in additional to cultural differences. Each may hold different work value, ethics and vary in job motivator. Training design with this in mind, can reach the employee and help them better understand why a co-worker work ethics are different. The understanding generational difference allows for a more cohesive work groups. Opening lines of communication between the team and other groups within the organization Talent management – is a strategic process that attracts, develop and motivate highly skilled employees. …show more content…
Raining on how to recruit, motivate and grow employees we lead to lower turnover. Talent management recognized that highly motivated worker need to grow through new experiences to reduce the employee need to seek out opportunities at other company. Highly skilled employees are always looking for career growth, According to Tam and Gray, (2016) most learning practices are work related, yet it is essential for learning to include a professional development component to meet employees’ career expectations, not just their work demands”.
Consumer service and quality emphasis, in today’s economy consumer, have multiple buying options. We no longer have to purchase grocery from the same store are parent use. Or purchase clothing at the only store in town. With the increase in our buying options, the deciding factor often comes down to the supplier customer service rating, whether it’s determined by word of mouth or amazon reviews. Training that improves on customer service and quality can provide the competitive advantage, especially to small businesses. New technology – Training on