Training and Development (HSC SSCE Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Training definition
Training definition
Programs developing skills for current work performance
Development definition
Development definition
Enhancing skills for future organisational needs
Training vs Development: key difference
Training vs Development: key difference
Training = current skills; Development = future skills
Skills shortages
Skills shortages
Not enough workers with right qualifications
Skills mismatch
Skills mismatch
Available skills don't match what businesses need
Insourcing
Insourcing
Delegating work to other staff within the business
Outsourcing
Outsourcing
Specialist functions to external firms or agencies
Soft skills employers value (3 examples)
Soft skills employers value (3 examples)
Communication, teamwork, critical thinking
Future economy trend in Australia
Future economy trend in Australia
Complete transition to service-based economy
BDO's performance appraisal frequency
BDO's performance appraisal frequency
Six-monthly discussions