Assignment: Analyze this experience in your own words: To begin to formulate pre

Question

Assignment: Analyze this experience in your own words:

To begin to formulate preliminary ideas for executive development at Kareco I would begin by asking the Board of Directors to explain the overall company strategy. Looking 3-5 years in the future what are the top five things Kareco would be focusing on? This is important as we are preparing future leaders and the necessary KSAs will differ depending on the Kareco strategy (Blanchard and Thacker, 2012). For instance, maybe we are looking for acquisition opportunities or international expansion, without knowing it’s difficult to align training to meet these gaps. High level recommendations would include performing a 360-degree performance review on the future leaders and planning development around areas of weakness. Specific suggestions for development that I would recommend over an extended period include job rotation, mentoring and external programs such as a boot camp. By participating in these activities these future leaders will be able to better understand the inner workings of the organization (outside of their current department), will have been mentored by individuals currently in an executive role and been exposed to the toughest business scenarios to ensure tenacity for what the future holds.

Explanation / Answer

Answer: This experience describes the experience of a HR manager at Kareco for developing a executive training program for making their employees ready as per the future strategy of the firm. This narration describes the way in which the HR manager plans to approach the process of developing a training and development program for the future managers. This is an experience of many HR professionals and describes the various stages which are involved in development of a training and development programs. The training and development programs are designed to take care of the gaps which exist between the current skill set of the employees and the skills which are desired in the future. The HR managers should know about the future strategies of the company based on which they understand the future requirements of workforce and the tools like 360 degree appraisals help them to understand the gap areas which exist in the skill sets of the employees. The programs like job rotation and mentoring helps in filling these identified gap areas. This experience from the point of view of an HR professional describes the experience which an HR professional face while developing a training and development program for a new company.      

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