Foundation Degree in Accounting & Finance Essay -- Business Management

Foundation Degree in Accounting & FinanceHow prep contributes to the skill of business objectivesIn order for the presidential term to benefit from successful training,there must be a architectural proposalned and systematic approach to effect wayof training. R Harrison (198948) defined systematic approach as inorder to determine as precisely as possible what are the minimumresources the organisation should invest for the development of itsworkforce, an accurate assessment should be made of known and holdtraining needs at all levels. A training plan can then be formulatedwhich can guide the organisation in its investment of resources, inthe operation of training and development, and in their evaluation.A plan for training and development can guide top management to makethe following decisions Decision about the investment of resources through time. Decision about the agreed corporate goals and strategy for employee development. Decision about the key roles necessary to ensure effective implementation of strategy.Within the individual managers department, there should be the sameagreement on what overall needs exist, however they may be defined andover whatever time length they are to be met. The manager can thenput forward a reasoned case for the resources to meet those needs.L Mullins (2002694) cited that The purpose of training is to improveknowledge and skills, and to win over attitudes. It is one of the mostimportant potential motivators. This can lead to many possiblebenefits for both individuals and the organisation. L Mullins (2002)suggested that training can make an impact on the organisation* Increase the confident, motivation and commitment of staff.* Provide recognition, enhanced responsibility and the possibility of increased pay and promotion.* Give a feeling of personal delight and achieve, and broaden opportunities for career progression.* Help to improve the availability and quality of staff.Therefore we can see that training is an essential element ofimproving organisational performance. The intention of training is togenerate a greater measure of positive commitment, a reduction ofworkplace alienation and enhanced quality of output.D Torrington et al (2002) suggested that objectives should giveemployees a clear idea of p... ...3rdedition, The Cromwell Press, WiltshireHarrison R (1989), Training and Development, second edition, LR PrintingService Ltd, West SussexMullins L (2002), Management and Organisational Behaviour, 6thedition, Pearson Education Ltd, HarlowTorrington D et al (2002), tender-hearted Resource Management, fifth edition,Pearson Education Ltd, HarlowBibliographyBeardwell I et al (2004), Human Resource Management A ContemporaryApproach, 4th edition, Pearson Education Ltd, HarlowGarratt T (1997), The Effective slant of Training Using NLP, KoganPage Ltd, LondonHarrison R (1992), Management Studies 2 - Employee Development, 3rdedition, The Cromwell Press, WiltshireHarrison R (1998), People and Organisation - Employee Development, 2ndedition, The Cromwell Press, WiltshireHarrison R (1989), Training and Development, 2nd edition, LR PrintingService Ltd, West SussexMullins L (2002), Management and Organisational Behaviour, 6thedition, Pearson Education Ltd, HarlowPettinger R (2002), Introduction to Management, 3rd edition, Palgrave,HampshireTorrington D et al (2002), Human Resource Management, 5th edition,Pearson Education Ltd, Harlow