Employment training part 1 Essay Example | Topics and Well Written Essays - 1500 words

Employment training part 1 - Essay Example In this study the focus is on formal and informal training in the organization, their strengths and weaknesses and why are they required in an organization. Training Training is associated with the work related computing that comes in variety of forms staring from â€Å"formal, scheduled classroom instruction to spur-of-the-moment sessions with a co-worker to self-based trial and error efforts† (Danziger and Dunkle, 2005, p. 1). Both individuals as well as the organization have their own choices regarding the training method. The training can be characterized in several dimensions. The two most important dimensions that are considered while selecting a training method are the degree of interaction that takes place between one another during the training and the degree of formality involved in training. Based on this, there are two types of training formal and informal. Figure 1 Source: (Danziger and Dunkle, 2005) Formal Learning Formal learning is the learning that takes place in a structured and organised environment and is explicitly in terms of resources, time and objectives. From the learners’ point of view, it is intentional and leads to certification and validation. It aims towards achievement of competencies, skill and knowledge (Patrick, 2010). Formal training leads to formal learning amongst the individuals. Formal training is the professionally developed training program or session that has a fixed agenda to be offered or discussed either on or off site during the compensated working hours of the employees. Formal training includes professional conferences, seminars, employee skills and development programs, apprenticeship training, certification training and technical trainings (Crotty, 2004). The learning is evolved from certain organized program of instructions. Formal learning is achieved by the learners, when they undergo some well designed training programs in their workplace. Formal leaning displays certain specific essential feat ures that are: This have a specific curriculum The trainer is responsible for delivering its teaching strictly in accordance with the curriculum. There is a certain assessment system that assesses the achievement of leaning objectives of the learner and certifies it (Jarvis and Watts, 2012). Informal Learning Informal learning is signified as the learning process that takes place from the daily activities of an individual related to leisure, family and work. It is not structured or organised in terms of learning support, time and objectives. From the perspective of the learner, it is unintentional and is often referred to as â€Å"learning from experience† or simply experience. The main idea behind informal learning is that people by their virtue of existence are exposed to various learning situations continuously (Patrick, 2010). However, informal learning has gained increased attention as a significant part of management and leadership development. Some of the research scho lars have signified informal learning as lesson of experience that has helped many mangers in reaching to the top of the organization (Halliday-Wynnes and Beddie, 2009). Learning from the experience is a continuous process that often entails in dealing with failure or hardship. For instance, in cases where the business leaders learn from

International business Wipro case Essay Example | Topics and Well Written Essays - 1000 words

International business Wipro case - Essay Example There is plenty of available labor for programmers and engineers at low cost in India. This paper provides the answers to three discussion questions. Outsourcing work has become a very popular business strategy in the 21st century. This business tendency began to manifest itself in the latter half of the 20th century. General Electric is a giant company that due to its size has become a bit static and its overhead and operating costs have been on the rise. In order to take corrective action to stop the rising cost from hurting the profitability of the company GE when it started doing business with Wipro in 1989 that the Indian based firm could served as valuable business allied and partner. The company began to outsource a lot of its contracts to Wipro because the company could provide valuable technical assistance at fraction of the cost of doing the same tasks in house. By the late 1990’s the outsourcing of contracts to Indian companies help GE achieve $300 million in savings. These savings allowed to company to become more competitive since lower overall costs meant the company could offer more competitive prices. These types of outsourcing contracts help the US economy instead of hurting it. The general public sometimes thinks that outsourcing is taking jobs away from American Citizens. I guess a simplistic view of the issue would anyone think that since companies such as GE eliminate labor requirements by outsourcing, but the truth of the matter is that outsourcing has saved millions of US jobs by allowing American firms to compete in the global marketplace. When a company out sources certain tasks it lowers its operating costs which enables firm to lower its overall cost structure so that companies such as GE can compete with foreign companies operating in developing nations. Such process improvements allows the manager to fulfill the goal of maximizing shareholder’s wealth (Garrison & Noreen, 2003). As