BUSI 3102 Chapter 7: HR Chapter 7.docx
Document Summary
Development: prepares employes for future jobs, focuses on individual as well as the organization, if all idnviiduals are developed, the organization with benefit as a result, develops skills as well as specific competencies, exapands an individual"s potential through various learning processes so that that indvidiual can, at some point, assme a future role, ongoing. New requirements for survival include: competing globally as led companies to flatten their organizations and reduce the number of employees (including managers and supervisors) so this means that employees hired need to be multiskilled and flexible, company performance appraisal and compensation programs need to take into consideration that companies want to be paid based on competencies not job performance, need to understand training needs of immigrants, more specifically asian countries as many people come from there to work in canada, be mindful of changing information technology, developments in computer applications, innovative multimedia training methods, etc.
