Essay on Failure of Smes in Tanzania

2002 Words Jun 25th, 2012 9 Pages
ANSWER
Training is a learning process that involves the acquisition of knowledge, sharpening of skills, concepts, capabilities, rules, or changing of attitudes and behaviors to enhance the performance of employees and to aid in the achievement of organizational goals. Training is activity leading to skilled behavior.
Strategic Imperative is an initiative, key project, or major objective that is high leverage and systemic (strategic) and a must-do (imperative) over the next 6 – 12 months to significantly move a team or organization toward its vision, values, purpose and desired culture. A key component of providing focuses to an organization calls for a leader is to identify "strategic imperatives" or "must-do." These are the team or
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So what can an organization do to bring about these crucial changes? The answer lies in people. Nothing is more critical to enabling transformation than skilled, motivated people who can learn and relearn at a moment’s notice.

While many organizations invest heavily in recruiting and hiring skilled people, too often the investment in people stops there. Keeping people and ensuring that their skills remain relevant to evolving market requirements is equally, if not more, important than acquiring the people in the first place. To perform effectively, employees and all members of the value chain, including partners and suppliers, need to continuously refresh and enhance their skills and knowledge. As human capital replaces physical capital as the source of competitive advantage, learning has emerged as a key enabler of success. But to realize the full potential of learning to build real competitive advantage and enable success, an enterprise must also align its learning initiatives with its organizational priorities. Only by making learning a truly strategic investment can an organization ensure that every person in its value chain is fully enabled to perform effectively and meet constantly changing demands. And this investment creates real competitive advantage, enabling the organization to succeed even in challenging times.

What to provide in the area of training starts with the organization's strategic plan and its core values. The firm's values outline its

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