Dollar General Executive Summary

In 2007 Dollar General was acquired by KKR & Co. L.P. a global investment firm that manages multiple alternative asset classes, including private equity, and, through its strategic partners, hedge funds ("Fast Facts | Dollar General Newsroom", 2018). Shortly after KKR & Co. L. P. took over managing Dollar General, the discount convenient store had its worse quarter in record history of a $5.3 million loss. It was then the company announced a restructuring plan which would later rank Dollar General 8th in 2017 and 5th in 2018 as it pertains to Dollar General’s overall restructure as well as strategic training and development. However, Dollar General still remains one of the top discount convenient store.

Since Dollar General was founded in …show more content…
This training and development goal is achieve by sewing into the store managers who directly impact all employees to be their best self while working at the Dollar General. The organizational model which is used to carry out the training and development vision is the Decentralized Training Organization model. This model allows for Dollar General to operate multiple training initiatives through the organization. Also, it’s believe that Dollar General arrived at such notable place in the top 125 organizations because of the reconstruction of its organization which includes the training and development portion of the organization. This fact can be support by the training needs analysis performed in order to identify performance gaps or the need for new skills to support indicated business growth strategies. Lastly, Dollar General did and does continually employ the ADDIE model through its efforts to designing and developing a training a development plan which not works for its employees but it customer. This reflection is made through the significant increase in the position in which Dollar General is ranked amongst 125 other nationally recognized