Verified Document

Employee Development Is Crucial For The Success Essay

Employee development is crucial for the success of a company or institution. Employee development provides for a work environment of educated, informed and like-minded individuals, all working to serve the greater purpose of the company for which they are employed. Employee development is a vital aspect in the success of any business, be it big or small, and it is more of an intellectual investment than a monetary one. With the implementation of an employee development program within a company, owners and investors will see that the benefits of employing such a program far outweigh the costs of implementation, providing for a more focused, driven and goal-oriented staff which serves its employer to the best of its ability. Introduction

The University of Minnesota (2010) defines employee development as a "joint, on-going effort on the part of an employee and the organization for which he or she works to upgrade the employee's knowledge, skills and abilities" (UMN p.1 ). In viewing this definition, it is easy to see that such a skill-set is vital for maintaining a staff of individuals who are focused enough to lead a company to the goals in which it has set out for itself in its business plan. Employee development is crucial for the success of a company, as it provides for a work environment of educated, informed and like-minded individuals, who are all working to serve the greater purpose of the company for which they are employed. Employee development should not be viewed by a business owner as a cost, but as an investment, which not only pays for itself but continues to reap rewards for the business owner in the long run.

Employee development consists of pushing employees to their highest potential through training and motivation and ensuring that this new education is maintained and utilized in the workplace. In terms of employee development, the costs are truly minimal as it involves nothing more than in-house training and the development and honing of skills. Costs are often limited to the implementation of new programs within a business, the training that goes along with them, and the use of outside training or classes to increase employee knowledge. However, if no new programs exist, employee development can often be run in-house with extremely minimal costs.
The main benefit of utilizing an employee development program is enhanced performance among employees. When an employer sends employees to training or classes or leads workshops within his or her own company, employees garner new knowledge that can not only be applied to their current job, but new responsibilities as well. When an individual can function at their job to the highest of their ability, they achieve maximum results in terms of time management and productivity. An educated staff is one that asks fewer questions and takes more initiative, allowing employers to issue more responsibility to their staff without any uncertainty.

Methods

The methods in which employee…

Sources used in this document:
References

Athey, R. (2008). Do you know where your talent is? Connecting people to what matters.

Journal of Business Strategy. 29, 4, 4-14.

Heslin, A., Latham, P. And Vandewalle, P. (2006) Keen to help? Managers' implicit person theories and their subsequent employee coaching. Personnel Psychology. 59, 871-902.

University of Minnesota. (2010). Human resources: employee development. Accessed from: http://www1.umn.edu/ohr/toolkit/development/index.html on 31 May 2011.
Cite this Document:
Copy Bibliography Citation

Related Documents

Employee Training and Career Development the Role
Words: 1292 Length: 4 Document Type: Essay

Employee Training and Career Development The role of training in an organization's development For organizations to ensure their employees are equipped with the right knowledge, abilities and skills to perform their assigned tasks, training and development assumes a critical role towards the success and growth of the business. When providing appropriate training, organizations ensure that their employees own the right skills for the business and these skills must be continually updated based

Employee Training & Career Development:
Words: 873 Length: 3 Document Type: Research Paper

Induction or Orientation Training: These employee development methods are specifically for new employees and are important in enabling them to become more productive as soon as possible. The duration of induction or orientation development methods vary depending on various factors including size of the organization, complexity of the job and the position of the new employees in the firm. Basically, these kinds of trainings include areas like learning about the specific

Employee Feedback Programs Are Programs
Words: 2835 Length: 10 Document Type: Term Paper

However, it has been a struggle to make employees view that these employee feedback programs are not just a tool for the companies to comply with has been a losing battle Reports 12. The good news of the matter is that these employee feedback programs provide duly needed positive and negative feedback which helps the management re-strategize their decision making process. Organizational culture and employee feedback programs The culture of the organization

Employee Motivation / Concepts &
Words: 5502 Length: 20 Document Type: Term Paper

"Maslow's central theme revolves around the meaning and significance of human work..." (Motivation Theorists and Their Theories) This is a theme that in encountered repeatedly in many existential views of human motivation. Maslow therefore developed his elegant but essentially simple theory of the different levels of human motivation. The basic human needs, according to Maslow, are: physiological needs safety needs; love needs; esteem needs; self-actualization needs Motivation Theorists and Their Theories) It must be

Development of High Potential Employees
Words: 1994 Length: 7 Document Type: Essay

Introduction The identification, development, and retention of high-potential employees is one of the most important areas of research in industrial-organizational (I-O) psychology. Whereas the vast majority of the workforce will perform in ways that do promote organizational goals, the top performers in any organization are those that provide the firm with its competitive advantage. On the contrary, organizations that do not actively seek to identify, develop, and retain high-potential employees stand

Employee Safety and Benefits of Vacation and Succession Planning
Words: 2073 Length: 6 Document Type: Capstone Project

1) Background of OSHA and Objectives The US Department of Labor spearheaded the establishment of Occupational Safety and Health Act (OSH Act) in 1970 with the desire of creating as a safe workplace for American laborers. Having being ratified in 1971, the main goal was to ensure that employers provided safe working environments and employees could get compensation for injuries within the working environment. The formation was influenced by the rising

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now