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Training and Development System

Notes
Figure 2.5: Transitional Model

The mission, vision, and values precede the objective in the inner loop. This model considers the
organization as a whole. The objective is formulated keeping these three things in mind and
then the training model is further implemented.
The quality of employees and their development through training and education are major
factors in determining long-term profitability of a small business. If you hire and keep good
employees, it is good policy to invest in the development of their skills, so they can increase
their productivity.

2.4.2 Strategies for Managing Competitive Environment

The current business environment is responsive to the market and customers and focuses on
outsourcing, partnerships and alliances, and do more with less mentality. Customers emphasize
on quality product or service on time for less money. Business emphasis is on need to market
quality product or service on time for less money. With these changes, the shift is now from
management to leadership focus.
The shifts of globalisation, economic reforms, IT revolution, competition, privatisation and
technical advancement demands paradigm shift in HRM. Hence, the future HR roles include
knowledge management, relationship management, teamwork, legal compliance, change
management, all leading to a no-distinct HR profession but a new hybrid roles to emerge.
The top HR challenges for future would be : attracting and re-training talented people, improving
organisational capabilities, developing leadership skills, managing at the rate of change, improved
communications and developing HR competencies. Therefore, the paradigm shift in HR roles
include: reward and recognition, transformational leadership, continuous change, collaborator
in resolving of strategic problems, partnership with community groups, business partnerships,
employee involvement, building high performance teams, group involvement, learning design,
development and organisation process and performance systems design and have a global
perspective.

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