Task 4 (1000 words) – Feasibility analysis of acquiring/developing the proposed Information and Communication System.
Module 03: Training Assignment
Module 03: Training Assignment
Training is often looked upon as a short-term investment form many organizations or human resource teams. The trend for training has been changing from a short-term focus to include a long-term emphasis.
Using Welder Library E-Resources of Google Scholar find a peer-reviewed article within the last 10 years on the topic of organizational and/or employee training regarding the positive or negative effects on organizations and/or employees.
Assignment:
- Write and post a brief summary (2 paragraphs) of the peer-reviewed article. (5 points)
- Include the article as an attachment. (2 points)
- Reply to a minimum of two classmates. (3 points)
The “like” feature will be enabled. You are encouraged to “like” the articles you find interesting.
Training can be very beneficial for organizations and their employees. In the article, “Do organizations spend wisely on employees? Effects of training and development investment on learning and innovation in organizations” by Sun Young Sung and Jin Nam Choi, development of innovation directly related to the amount of investments on training made by an organization. The study suggested that learning practices may also be a mediating mechanism affecting innovative performance. The climate of an organization may also be linked to an increase in innovation for an organization.
A conceptual framework was used in this study. Organizational training and investment is the focus of this study. By investing in training, organizations develop a strong, motivated, and capable pool of resources. Organizational learning practices can increase innovative performance for an organization. Organizations have an opportunity to promote and foster this innovation by offering corporate training to employees.
The article also examines how organizations offering tuition assistance to employees seeking higher education could potentially have a negative effect overall because it can be seen as favoritisms by other employees. Policies should be put in place to help protect an organization from this potential issue.
Module 03: Training Assignment
The background to this article references a hospital that was observe for 3 years. By the end of the third year, HR department and management were able to track turn over rate and retention rates monthly. The discovered turn over for Registered Nurses (RN), was greater than 19% within the 3 years and 30% within their first year, with a turnover rate of 40% on the medical surgical floor (Maryniak, 2017). Information was collected by means of employee satisfaction surveys and exit interview data to discover the reasons for the turnover which included: poor communication, workload, recognition, and onboarding. The average cost for turn over ranges from $37,700 to $58,400 (Maryniak, 2017).
Once this information was collected, the nurse leaders and HR department came together to create a standardized orientation process that was meant to improve efficiencies of onboarding and orientation in hopes to increase retention of new nurses. The program had new graduate nurses spend 5 weeks in a specialized unit created to stimulate real life. The new nurses completed simulations and online learning. Classes included diabetic management training, critical thinking, practicing assessments, pain management and working on communication. There were also education stations for IV starts and wound care. The individual nurse had to complete the course prior to moving on their new home unit they were hired for. At the end of the first year of the program, it was estimated that the overall cost savings from nurse retention was almost $3 million dollars and the retention rate exceeded 88.8%. Maryniak (2017), illustrates on the med-surg unit nursing retention was 100% in the first year for this department.
I have worked on the med-surg floor at my previous job for several years and I believe the turnover ratio at our hospital was close to this 40%. Med-surg is a hard floor that gets a variety of patient types and loads. However, it is the starting point for most in patient jobs to kind of get your feet wet type unit. I think this new training course could be helpful for certain education tips and tricks but wound care and IV should have been a skill learned in school.
review the slides and respond to the 3 following questions
Direction and Assignment
1. Please review the following video. Brian Johnson discusses an old book that is still popular today. This is a very person-centered book on where wisdom comes from…it’s about developing yourself. It profoundly influenced me as a young girl, and through time, changed the circumstances of my life. Remember what I have said: You can manage your life, or you can lead it. Looking back on my life, I believe I lead it, even when I didn’t realize it. It felt like “barely managing it” at times when I was young. But now I realize that some of the yardsticks I was using to measure myself were invalid. I was just too young and inexperienced to realize that.
The Search for One’s Personal Best and Its Corporate – and Global Impacts watch the video – bonus – a fill copy of the book is appended below.
2. Carefully review the following slide deck.
There is a quick writing assignment on slide – please do it. Not to send in to me, but please do it.
3. PLEASE WRITE AND HAND IN – After reviewing the slides, a. List your personal leadership traits as you see them. There is a list of some traits in the slides. b. List a trait or two that you would like to further develop, and how those traits will help *you* if you nurture them.
Bonus Material!
Read more: https://www.csucob.com/news/lets-take-on-leadership/
Human R
RESPOND about the strategies selected to implement for smoother termination.
According to Frick (2019) there are some steps that an employer can take to keep terminations both manageable and legally defensible. Describe 2–3 of these steps and suggest strategies the HRM professional might implement within the workplace to make smoother terminations. Provide workplace examples where possible
Plan the meeting – the reason for this is to make sure you are not embarrassing them Infront of everyone at the workplace. Planning the meeting helps to get the information needed and making sure the reason they are being terminated is not biased but based on factual evidence. During this time is finding a place to hold the meeting and having a neutral person such as an HR representative to complete the termination is better because there is no bias. You also want to make sure you treat them with respect and dignity and trying not to make them feel uncomfortable about he whole situation. Some strategies the HRM professional might implement is confidentiality about the termination where no one should be talking about the termination. Having a designated office space to complete the termination is a great help because you would know ahead of time where to have the meeting and you would not have to be looking for a place every time you have to let someone go. At my old job you can see in the managers office and you can see who walks in there and leaves and never return without evening asking a question.
Having the proper paperwork – The reason for this is because you want to make sure that when you are giving the termination papers, they are correct, and you want to make sure that they are getting their last paycheck. This would include vacation, sick time, any hours they accrued when they were working. They also want to make sure that you are including retirement, insurance and any other form of benefits they were receiving. Another thing is to always spell check because and proofread before handing them any form of paperwork. The HR representative can make sure they have spoken to the employee’s manager before time, speak with the company lawyer before giving any type of paperwork to an employee that is being terminated. When they do have to call the employee in make sure someone is there with them and if you need security there with you as well, I would have that available to protect everyone in the room. Not broadcasting what is going on and keeping things confidential is very important.
Leading Change
Primary Task Response: Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Summative Discussion Board
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 600-1000 words on the following:
- What were the most compelling topics learned in this course?
- How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
- What approaches could have yielded additional valuable information?
Human Resource Management
Discuss what talent management is and why it is a consideration addressed by a growing number of employers. in 600 WORDS
Introduction to Investment Concepts – Risk Evaluation
Clients face risk of some kind with any investment. Give an example of a particular risk as well as any options that may exist to decrease or eliminate it, if any.
The successful submission will clearly and concisely explain the risks associated with a specific scenario in language appropriate for a retail client.
The requirements below must be met for your paper to be accepted and graded:
- Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below.
- Use font size 12 and 1” margins.
- Include cover page and reference page.
- At least 80% of your paper must be original content/writing.
- No more than 20% of your content/information may come from references.
- Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.
- Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.
References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing
Employment Law
Read the article “Key Trends in Workforce Management and New Challenges for HR.” located in the Business Source Complete database of the CSU Online Library by clicking the link below:
Moschetto, M. (2013). Key trends in workforce management and new challenges for HR. Employment Relations Today, 40(4), 7–13. Retrieved from https://libraryresources.columbiasouthern.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=93926433&site=ehost-live&scope=site
After reviewing the article, write a critique that addresses and offers your opinion in the following areas:
- What are the key findings regarding compliance with laws and regulations as a component of workforce management?
- How does the employer-employee relationship factor into legal compliance with workforce management laws?
- Reflecting on the unit reading and lesson, does this article consider the various employer-employee relationships as it discusses workforce management? Can the author’s opinions be universally applied to the workforce? Support your position by identifying various types of employers, employees, and employer-employee relationships.
Begin with an introduction that defines the subject of your critique and your point of view. You will first need to identify and explain the author’s ideas. Include specific references that support your description of the author’s point of view.
You should then defend your point of view by raising specific issues or aspects of the argument. Offer your own opinion. Explain what you think about the argument. Describe several points from the article with which you agree or disagree. What evidence from the article, your textbook, or additional sources supports your opinion?
Conclude your critique by summarizing your argument and re-emphasizing your opinion.
Your article critique must be at least two pages, not including the title and reference pages. You must use at least one source other than the above article to support your critique. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
Paper
- Select a position in your organization for which you have access to its compensation.
- Identify which kind of job evaluation is used for that position.
- Classify each component of the compensation in direct financial compensation, indirect financial compensation, and non-financial compensation (if any).
- Illustrate how you would modify and design an effective compensation and incentive plan for that specific position.
Parameters
- Submit a Word document
- The paper should 2 pages long
- Use 1″ margins (all around) and double space
- Use Times New Roman or Arial font, size 12
- Use APA format
Homework Question
In this milestone, you will compose an analysis of the cultural gaps that a company may need fill to enhance its business practices.
To complete this assignment, review the following documents:
- Final Project Milestone Two Guidelines and Rubric
- PESTEL Analysis Worksheet
- Final Project Guidelines and Rubric
Final project milestone one
Part 2: Composition
Nimble Storage has an objective of expanding globally and thus the entire firm ought to be prepared for that move. The firm ought to have a good coordination of the marketing, financial and human resources when setting up business in the new nations. It is important to understand that each market in the different nations has unique needs, varying competition levels, expectations as well as price ranges. Hence, the organizational culture in the firm will affect the company’s performance internationally. Organizational culture is simply the traditions shared by the workers in the firm as well as the social rules which govern interactions within the firm. The most common forms of organizational culture in firms include formal and informal culture. The formal culture involves the expectations that the firm management has regarding the business. On the other hand, informal culture involves the manner in which individuals in the organization behave and conduct themselves while interacting with each other (Nikpour, 2017). In the Nimble Storage firm, the human resource department will be required to develop strategies of adapting into the new global position and ensuring that all the complaints of the different types of labor force are attended to. In the context of expanding the business to other nations, the firm should be ready to interact and conduct business in different culture where individuals have their own principles and personal values that they follow.
Business practice analysis
The current HR strategies applied in the firm ensures that the organization is able to obtain the needed talent as well as retain them through a series of adopted measures. Having a large labor force, the management must ensure that the practices which are adopted are effective and efficient in maintaining the huge number of workers. Nimble storage has ensured that its organizational culture is simplified and memorable to employees to increase their capability to determine what is expected of them and motivate them to behave in the expected manner. Over the years, the organization has kept changing its strategies to ensure that it suits the expected demands from the labor forces.
Processes such as onboarding has helped in ensuring that the hired workers know exactly how to conduct themselves in the firm. They allow the newbies to be familiar with their working environment and to have adequate time to ask all the questions they might have pertaining their job positions. In addition, the procedure ensures that the workers can easily transition to the new environment without difficulties which might slow down the performance of the firm (Pawirosumarto et al., 2017). It ensures that the employees’ turnover rate is reduced, and the overall productivity of the firm is increased. However, the organization might spend a lot of time and financial resources conducting onboarding activities to huge crowds of workers who are hired every year. Therefore, as much as this business practice is beneficial to the firm, it is adding some expenses which have been avoided by skipping the procedure. Meeting the minimum wage requirement ensures that the company can abide by the laws of the different countries it operates in and ensures that it is spared form political influences.
Moreover, allowing workers to develop their career and giving them the compensation that suits their respective job positions ensures that the employees feel appreciated by the organization. Job satisfaction has been said to be brought by compensating workers the amount worth their efforts and ensuring that they feel appreciated and valued by the firm. Nimble storage ensures their workers can rely on it to develop their careers as well as have high payments which many desires. Therefore, this increases their retention capability and ensures that they continually improve their performance in their job positions. Therefore, the firm has a huge base of talent which can be useful in keeping up with the technological advancements which the firm needs to implement (Brannen et al., 2017). Advancement of technology is useful in ensuring that the firm innovates the latest storage gadgets which can sell at a reasonably high price than other products in the market. It allows the firm to be spared of the price battle which might exist if the firm would be using conventional technology. The innovativeness of the firm allows it to thrive in the business world regardless of the economic situation, it can capture more consumers than its many competitors.
Recommendations
The firm should improve its HR practices by implementing HR software that will allow the firm to easily monitor their workers and be able to operate smoothly while collaborating with other managers in different countries where the firm operates. The firm should encourage more creativity among its workers to ensure that it can innovate more products and be able to diversify their business as a competitive strategy. Coordination of the global working areas of the firm should necessitate the firm to employ virtual meetings rather than travelling form one country to the other. The managers will find this method convenient to them and will ensure that there is uniformity in the way the firm is run from different countries.
References
Brannen, M. Y., Piekkari, R., & Tietze, S. (2017). The multifaceted role of language in international business: Unpacking the forms, functions and features of a critical challenge to MNC theory and performance. In Language in international business (pp. 139-162). Palgrave Macmillan, Cham.
Nikpour, A. (2017). The impact of organizational culture on organizational performance: The mediating role of employee’s organizational commitment. International Journal of Organizational Leadership, 6, 65-72.
Pawirosumarto, S., Sarjana, P. K., & Gunawan, R. (2017). The effect of work environment, leadership style, and organizational culture towards job satisfaction and its implication towards employee performance in Parador Hotels and Resorts, Indonesia. International Journal of Law and Management.
Area not covered like it was supposed to be in Milestone One! Please read all blocks in the discussion cube.
11.2 points
Analyzes the mission statement of the organization against the needs of a global organization, but analysis is cursory or illogical.
11.2 points
Recommends technological tools and improvements that could reduce global barriers between employees and other stakeholders, justifying response, but recommendations are cursory, illogical, or there are gaps in justification