Means giving new or current employees the skills they need to perform their jobs. Their task is to identify the employees’ behaviors the firm will require to execute its strategies and from that deduce what competencies employers will need
Training might involve having the current job holder explain the job to the new hire, or multi-week classroom or Internet classes.
Training is found to be important. If even high-potential employees don’t know what to do and how to do it, they will improvise or do nothing useful at all. Furthermore, by one estimate, about three fourths of 30-something age high achievers start looking for new positions within a year starting, often due to dissatisfaction with inadequate training.
“It’s clear from the case law that where an employer fails to train adequately and an employee subsequently does harm to third parties, the court will find the employer liable.” Among other things, the employer should review skill and experience levels and provide adequate training (particularly where employees work with dangerous equipment), and evaluate the training to ensure that it is actually reducing risks.
The training programs will have the competencies the employees need to achieve the strategic plans of the company.