With recent development in information communication technology, computer-based training (CBT) has continued to serve as a basic training method for employee. The use of CBT is growing due to the benefits that organization is deriving from CBT system. Typically, the cost of implementing CBT compared to the traditional training method is lower because CBT could be used to train large number of employees located in different countries at the same time. Cost saving is the major benefit that an organization could derive from implementing CBT. Unlike traditional training method where organization needs to use buildings, number of instructors, the computer-based training could be implemented in a virtual environment, and the system will decline the training costs for the organization.
Training Recommendation for PepsiCo
PepsiCo Inc. should employ both traditional and computer-based training for the training and development. The organization needs to employ presentation method to implement training and development when using traditional training method. Since PepsiCo is a global company that operates in several countries, the company could use traditional presentation training method, which could be implemented through satellite. The company could use the training methodology to train its employee at different countries. The strategy is to place a tutor in one location and employees could be located in any part of the world. This system will allow several employees to receive training at the same time and the process will allow the company to decline costs of training presentation. Training employees at different locations with different tutors is not cost effective for the organization. Thus, PepsiCo could save enormous amount of training costs by implementing the satellite traditional presentation training system
Recent development of information communication technology (ICT) could assist organization to save training costs. The use of latest technology for the training could produce fast delivery of content materials, and the system will allow employees from other countries to have access to the best training tutors and materials not available in their countries. Despite the benefits that PepsiCo could derive from the satellite traditional training method, there are specific job training that could not be implemented in-group. The company needs to use computer-based stimulation training to achieve desired results. Curtin, et al. (2011) argue that computer-based stimulation training is used " to train many professionals including pilots, military personnel, business managers, and health care professionals, and is an effective active learning technique that encourages the application of knowledge and skills in real-world scenarios." (P 1).
Computer based-stimulation could be used to develop the knowledge of training in a safe environment. The training methodology will assist the company workforce to grow professionally and transfer the best skill, technology and knowledge to organization practice. The presentation method will assist the company to impact knowledge to senior management and junior employee. The company should implement expansive online leaning to develop the leadership program, which the company requires for managing...
Enrico knew that, and therefore could rest assured that even when faced with a complete reorganization, his employees would accept the circumstances under which they would have to toil, and would, in the long run, excel! Pepsico had a reputation for making essential decisions quickly and Roger knew that in order to maintain, and enhance that reputation a consolidation would have to take place. Currently, some of the decisions that had
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
The total asset turnover ratio on the other hand indicates that just as is the case with the fixed asset turnover ratio, the Coca-Cola Company has been less effective in the utilization of all its assets in sales generation. The inventory turnover ratio is essentially a measure of the number of times the inventory of a business entity is replaced or sold within a given period of time. In the
At which point, PepsiCo will use the talent management model to help retain key individuals. This is significant, because it shows how all three of these different pieces work together, with the company being able to effectively identify and recruit talent. Then, show them how PepsiCo is different, in managing this talent. Together, these elements have allowed the company, to adapt to changes in consumer tastes and new competitors.
CFO Due to the increasingly complex nature Do you think finance departments are the best place to train future CEOs? Provide two actual examples of CFOs of publicly-traded companies who became CEOs of publicly-traded companies within the past 5 years. Do these individuals have the CPA and/or CFA designations? CFOs are increasingly asked to engage in strategic planning for organizations, and to interact with other members of the managerial board in a meaningful
Northampton-Based Organisation Wishes Expand Market Internationally Strategy of International Trade A firm may decide to operate internationally due to a wide variety of reasons. These reasons include but are not limited to market imperfections at home, gaining market power and favourable environment overseas. In order to operate internationally, firms need an appropriate strategy so that their resources are put to best use and the whole process of internationalization proceeds according to
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