Grand Canyon University operating in a dynamic business environment
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Organizations can avoid investing in training and development activities because it is difficult to quantify the ROI (return on investment). As a manager who has identified a need for training and development in your organization, develop a training and development proposal to be presented to the leadership team. Include a brief overview of different delivery methods for training and development, expected outcomes, and potential return on investment. Include a citation for your research.
Required Format Example:
Week 4/DQ 1 Outline
Class,
Here is an example to get you thinking for this DQ. Your answer does not have to use the topics below, it is meant to help you think of an approach. I do hope you consider using the format to help the class understand each portion of your response clearly.
Example:
Proposal:
In order to have an effective and efficient organization with a competitive advantage, the company must invest in ……….. By providing training and development for its employees the organization will: increase the employees’ knowledge; they will ensure that the employee has the basic skills to work with new products and new technology; they will help employees work with each other and in teams; ensure that innovation, creativity, and learning are encouraged; and add employment security by having employees contribute to organizational changes (Noe et al, 2013).
There are different types of training methods that can be used within the company that can definitely bring a return on investment:
- Technology based training – learning is done through a PC, interactive multimedia, interactive video, or web-based training programs (HR, 2014). This is a great hands-on training that can be ……………………………………
- Expected Training Outcome –
- Potential Return on Investment – Discuss the above approach and the potential ROI briefly as required by the DQ instructions.
- On-the-Job training – This is a very cost-effective method because it allows workers to start their job immediately while ……………………………………..
- Expected Training Outcome –
- Potential Return on Investment – Discuss the above approach and the potential ROI briefly as required by the DQ instructions.
- Traditional Classroom – This method allows new hires to take the training at the same time and can allow interaction between the new hires and the instructors. This method will develop professional skills, negotiation, influencing, and………………………………………
- Expected Training Outcome –
- Potential Return on Investment – Discuss the above approach and the potential ROI briefly as required by the DQ instructions.
- Films and videos – Using this method is cost-effective for updates on policies and procedures that are due to external environment factors affecting the entire industry. The films and videos received from the corporate offices can also be used to …………………………..
- Expected Training Outcome –
- Potential Return on Investment – Discuss the above approach and the potential ROI briefly as required by the DQ instructions.
The key to this DQ is – (1) Include a brief overview of different delivery methods for training and development, (2) expected outcomes, and (3) potential return on investment. ********Include a citation for your research.******
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