chapters 1-4 Flashcards
Competitiveness
Ability to maintain and gain market share in an industry
Human resource management
Policies, practices, and systems that influence employees’ behavior, attitudes, and performance
Stakeholders
All parties that have an interest in seeing that the company succeeds
Learning
Acquiring knowledge, skills, competencies, attitudes, or behaviors
Human capital
Knowledge (know what), Advanced skills (know how), System understanding and creativity (know why), Motivation to deliver high-quality products and services (care why)
Training
Learning of job-related competencies, knowledge, skills or behavior (current)
Development
Future focused, may include formal education, job experiences, assessments
Formal training and development
Programs, courses, and events developed and organized by the company
Informal learning
Learner initiated, motivated by an intent to develop, not in a formal learning setting
Explicit knowledge
Well documented, easily articulated, easily transferred from person-to-person
Primary focus of formal training and development
Tacit knowledge
Personal knowledge based on individual experiences, difficult to codify, result of informal learning
Knowledge management
: Enhancing company performance by designing and implementing: tools, processes, systems, structures, and cultures to improve the creation, sharing, and use of knowledge
Systematic approach for developing training programs
Based on the principles of Instructional System Design (ISD)
ADDIE model- Analysis, Design, Development, Implementation, and Evaluation
The Training Design Process
Analysis, Design, Development, Implementation, Evaluation
ADDIE model
Step by-step approach is rarely followed in real life organizations
Necessary requirement of trainers adds time and cost to developing a training program
Implies an end point: evaluation
May lead to assumption that training is the best solution
Flaws of the ISD model
1) Economic cycles
2) Globalization
3) Increased value placed on intangible assets and human capital
Focus on link to business strategy
Changing demographics and diversity of the workforce
Talent management
Customer service and quality emphasis
New technology
High-performance work systems
Forces Influencing Work and Learning
Human capital
Employees’ attributes, life experiences, knowledge, inventiveness, energy
Intellectual capital
Codified knowledge that exists in a company
Social capital
Relationships in the company
Customer capital
Value of relationships with persons or other organizations
SME
knowledge worker
Employee engagement
Degree to which employees are fully involved in their work (strength of employee commitment to the job and company)
o Change
Adoption of a new idea or behavior by a company
o Learning organization
Embraces a culture of lifelong learning, enables all employees to continually acquire and share knowledge