+1-415-670-9189
info@expertsmind.com
Evaluate the costs and benefits to both the company
Course:- Strategic Management
Length:
Reference No.:- EM13969991




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Strategic Management

Need to make a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justifiedAssignment

1: Discussion-Training

You are a manager in the HR department at WidgetMaker. It has recently been brought to your attention that many of the workers require more training to accurately perform their jobs.

Write a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justified.

Within your memo, address the following:

• Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs?

• What factors should the company consider when designing a training program? How should its effectiveness be evaluated?
After your initial posts discuss the following:

• Under which circumstances is training not transferable from company to company?

• From a management perspective, is it ever disadvantageous to hire individuals who have been previously trained at other companies? Why or why not?

• How much can the company culture of one company affect the training required at a different company?

Write your initial response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

Do the following when responding to your peers:

• Read your peers' answers.

• Provide substantive comments by
o contributing new, relevant information from course readings, Web sites, or other sources;
o building on the remarks or questions of others; or
o sharing practical examples of key concepts from your professional or personal experiences

• Respond to feedback on your posting and provide feedback to other students on their ideas.

• Make sure your writing
o is clear, concise, and organized;
o demonstrates ethical scholarship in accurate representation and attribution of sources; and
o displays accurate spelling, grammar, and punctuation.

Answered:-

Verified Expert

The memo named “Financial cost and benefits of training to company and employee" is prepared in MS Word and is nearly 4 page solution containing more than 400 words. The solution contain cover page, header, page numbers, Time New Roman, 12 font with double spacing. The solution is original and that the relevant information present has been cited. The solution has been prepared according to the provided instruction.



Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Strategic Management) Materials
Assess how globalization and technology changes have impacted the corporation you researched. Assess how the vision statement and mission statement of the corporation in
Describe eight key differences between American style/custom and that particular country's style/custom in terms of aspects of speaking, meetings, meals, relationships, friend
Discuss the relationship between service level, uncertainty, safety stock and order quantity. How can trade-offs between these elements be made? Please provide a detail respon
Analyze how this scenario affects the organization - identify why this division may have occurred. Examine two explicitly different scenarios that may have led to this conditi
Please apply the framework PESTEL to analyze PEI's macro external environment. Please apply the framework Five Forces + complementors to analyze PEI's external environment at
Our mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for our stakeholde
Post an explanation of at least two strategies that you, as a human services professional actively involved in contemporary issues, may use to plan for your own self-care.
What strategies are available for the smaller business to gain market share and value added? You should consider whether such companies are exploiting all the available stra