Developing employees (Edexcel GCSE Business): Flashcards
📚Flashcards
Practise the cards
13 cards from this deck
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Practise the cards
13 cards from this deck
Why is employee development crucial?
Why is employee development crucial?
Business performance depends on quality of workforce
Formal training definition
Formal training definition
Structured learning programmes to improve specific skills
Who delivers formal training
Who delivers formal training
External training providers or industry experts
What formal training can lead to
What formal training can lead to
Recognised qualifications or professional accreditation
Key benefit of formal training
Key benefit of formal training
Provides specialist knowledge from industry experts
Key drawback of formal training
Key drawback of formal training
Can be costly and time-consuming for businesses
Informal training definition
Informal training definition
Learning through practical experience and workplace coaching
How informal training works
How informal training works
Employees learn by doing their job and gaining experience
Key benefit of informal training
Key benefit of informal training
More cost-effective than formal training programmes
Key drawback of informal training
Key drawback of informal training
Can create pressure learning whilst performing duties
What is performance management?
What is performance management?
Structured approach to development via goal-setting & reviews
What does performance management involve?
What does performance management involve?
Setting targets, regular reviews, and supporting progress
What does performance management link?
What does performance management link?
Individual development to business objectives