Saturday, September 14, 2013

Best Practice: Employees Development

14 September 2013, Singapore: This will be my quick reference when I need to do some presentation or briefing on employee development.


Employee Development (ED)



If you spend the same amount of time and energy developing people as you do on budgeting, strategic planning and financial monitoring, the payoff will come in sustainable competitive advantage.

Larry Bossidy and Ram Charan, 2002


Employee development as an important business tool - can help your organization:

  • build alignment
  • increase employee morale, engagement, productivity and retention
  • preserve organizational memory / knowledge / domain expertise
  • establish and maintain a competitive advantage





The new employee agreement – employability

Employees now view their relationship with their employer as a partnership. They expect the organization to commit to developing and enriching their skills and experiences — making them more employable. The return on this investment? Loyalty.

  
The 70/20/10 model


The Center for Creative Leadership says we learn:
•       70% of what we need to know on the job
•       20% of what we need to know through feedback, coaching, role models, mentors
•       10% of what we need to know through formal training


1 comment:

  1. Employee engagement is a positive emotional connection to the work they do and a thinking connection to the belief in the goals, purpose and mission of that work. http://www.blanchardinternational.co.in/engagement-and-cultural-change

    ReplyDelete