The Age of Oversupply: Why the Future Would be Demanding on the Present Generation
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
The success and failure of an organization depend on its employees, truly making them the brand ambassadors for an organization. It is rightly said that employees can either make or break a brand. Employees ought to be treated with utmost respect by the management to expect the best out of them and for the employees to develop a sense of attachment towards the organization. You just can’t afford to ignore an individual who is directly responsible for accomplishing the goals and objectives of your organization.
Trainings and employee development activities play a crucial role in developing employees and preparing them for adverse situations and unforeseen circumstances. Trainings are essential both for the professional as well as personal growth of employees.
New skills and learnings acquired by an employee through trainings would not only help him/her in his present job but also for all his future assignments.
Senior management really needs to highlight the importance of employee development activities for employees to take trainings seriously and gain from the same, eventually yielding higher profits and benefitting their organization. Trainings should not be conducted just for the sake of it. Employees should not attend trainings simply to mark their attendance or just because their bosses have asked them to do so. It is really essential to upgrade your skills and knowledge to stand apart from the rest. Remember, one needs to grow with time.
Human resource professionals need to encourage growth and career development of employees by organizing relevant training programs, seminars, sessions, meetings, performance appraisals, regular feedbacks and so on. Performance monitoring is imperative, if you really want your employees to do well.
You really need to know what your employees are upto? Team managers must sit with their teams at the end of every week to find out in which all areas they are lacking and what all new skills would help them improve their performance. Employees must enhance their skills and upgrade their existing knowledge to adjust easily in the rapidly changing workplace. Find out what is new in the market and what all skills you still need to acquire?
Remember, you are your best critic. Do not feel embarrassed if you do not know something. Walk up to your reporting officer or your human resource manager and do discuss the need for trainings. An employee can also register for various online or distance learning courses, something which would help him in his professional career.
Managers or human resource professionals must take initiatives to assess the skills and knowledge of employees and design relevant training programs in line with their interest areas, needs and requirements. The training programs ought to be meaningful and must add value to the employees. No two employees are same. You can’t have similar training programs for every employee. First identify the training need of an individual. Employees with similar training needs can be put in one group.
Employee development activities or training programs in organization generally fall under following categories:
Trainings and employee development activities help employees to identify their weaknesses, strengths, needs by encouraging two way communication among employees. Employees should have the liberty to express their views, opinions, needs and problems for employers to suggest appropriate solutions and act accordingly.
Trainings help in the continuous acquisition of new skills and learnings. Trainings and employee development activities play an important role in helping the employees to refine their skills and knowledge and acquire job mastery. They indeed help employees to think beyond their routine work and defined key responsibility areas.
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