Role of Strategic Training and Development Essay Example

social and moral responsibility of the organization to develop employees beyond their current job and offer opportunities to learn and grow, for career and social mobility.

At the same time, due to the shift to a knowledge-based economy, there is an increased drive to develop learning organizations. Business trends such as rapid advances in technology, changing definitions of competencies for leadership and global competition are fueling the need to create learning organizations. The business advantages of continuous learning--expansion of human capital knowledge and business performance--place HR in the key leadership role to focus on strategy, design and implementation of training and development.

Still other trends emphasize the importance of training and development. Intellectual capital has become a critical factor for competitive advantage. The development of partnerships for knowledge sharing (e. g. , consultants and/or academic partners as subject matter experts in webinars) has increased.

To develop specialized programs, training departments have to work closely with academic partners to prepare high-potential employees for leadership roles. Further, competition due to globalization is a significant business challenge, thus bringing focus on the importance of global mindset.

These trends and business challenges have created the need for strategic approaches to training and development. HR's ability to align human capital resources with the business strategy and improve workforce skills through strategic training and development is paramount for organizational success.

Strategic Issues in Training and Development When strategically applied, continuous learning fosters knowledge and skills acquisition to help the organization achieve its goals. HR's role is to establish and implement a high-level roadmap for strategic training and development.