Chapter 1: Strategic Role of Training and Development in Organizations

In this chapter, you will learn about the important role that training and development initiatives can play for small to large organizations. Learning and development can have a significant impact on an organization and its employees, that can change how the organization evolves. Learning and development is a good investment for employees because it gives them a new challenge and allows them to advance in their career path and their organization.

Key Takeaways

1. Employee learning and development programs give employees the opportunity to grow further in their career path, which in turn can significantly impact an organization’s success.
2. If organizations efficiently invest in the human workforce, they have the potential to stand out in the industry and establish a strong brand reputation, thereby creating a competitive advantage.
3. Analyzing the learning and development metric is of the utmost importance for organizations because without doing so, they will not be able to evaluate whether the program is suitable or effective for the business or not.
4. Digital or e-Learning should be adopted by organizations and it should be the basis for employees to learn and further develop even during the COVID-19 pandemic because it can be a potential solution for businesses to survive.

Authors: Priscilla Shumba, Varteni Barsoumian