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competiveness
a company’s ability to maintain & gain market share in an industry
competitive advantage
an upper hand over other firms in an indusrty
human resource management
the policies, practices, & systems that influence employee’s behavior, attitudes, and performance
stakeholders
company leaders, top-level managers, mid-level managers, trainers, & employees who are end users of learning who have an interest in training & development & whose support is important for determining its success (or failure)
learning
the acquisition of knowledge by individual employees or groups of employees who are willing to apply that knowledge in their jobs in making decisions & accomplishing tasks for the company; a relatively permanent change in human capabilitieis that does not result from growth processes
human capital
the sum of the attributes, life experiences, knowledge, inventiveness, energy, & enthusiasm that a company’s employees invest in their work
training
a company’s planned effort to facilicate employees learning of job related competenices
development
formal education, job experiences, relationships, & assessments of personality & abilities that help employees prepare for the future
formal training & development
training & development programs, courses, & events that are developed & organized by the company
informal learning
learning that is learner initiated, involves action & doing, is motivated by an intent to develop, & does not occur in a formal learning setting
expliciti knowledge
knowledge that can be formalized, codified, & communited
tacit knowledge
personal knowledge that is based on indivual experience & that is difficult to explain to others
knowledge management
that process of enhancing company performance by designing & implementing tools, processes, systems, structures, & cultures to improve the creating, sharing, & use of knowledge
training design process
a systematic approach to developing training programs. its 7 steps include conducting needs assessment, ensuring employees readiness for training, creating a learning environment, ensuring transfer of training, developing an evaluation plan, selecting training methods, & evaluating training programs
Instructional system design (ISD)
a process for designing & developing training programs
agile learning or agile instructional design
any approach to training development that focuses on speed, flexibility, collaboration, repeated review, & reuse of existing content, if appropriate
offshoring
that process of moving jobs from the U.S. to other locations in the world
intellectual capital
the codified knowledge that exists in a company
social capital
the value of relationships among employees within a company
customer capital
the value of relationships with persons or other organizations outside a company for accomplishing the goals of the company (ex. relationships with suppliers, customers, vendors, & government agencies)
employee engagement
that extent to which employees are fully involved in their work & the strength of their commitment to their job & the company
change
the adoption of a new idea or behavior by a company
learning organization
a company that has an enhanced capacity to learn, adapt, & change, an organization whose employees continously attempt to learn new things & then apply what they have learned to improve product or service quality
diversity
any dimension or characteristic that differentitates one person from another
equity
fair treatment, access, opportunity, & advancement for all employees, while at the same time striving to identity & eliminate barriers that have prevented the full prarticipation of some groups
inclusion
creating an environment in which employees share a sense of belonging, mutual respect, & commitment with others so they can perform their best work
talent management
the process of attracting, retaining, developing, & motivating highly skilled employees & managers
STEM skills
science, technology, engineering, & math skills that U.S. employers need & value, but employees lack
knowledge workers
employees who own the means of producing a product or serivice. these employees have a specialized body of knowledge or expertise that they use to perform their jobs & contribute to company effectiveness
Total quality management (TQM)
a style of doing business that relies on the talent & capabilities of both labor & management to build & provide high quality products & continously improve them
malcolm baldridge national quality award
a national award created in 1987 to recognize U.S. companies quality achivements & to publicize quality stratgies
ISO 9000:2000
a family of standards developed by the international organization for standardization that included 20 requirement for dealing with such issues as how to establish quality standrards & document work processes
6 sigma process
a process of measuring, analyzing, improving, & then controlling processes once they have been brought within the 6 sigma quality tolerances or standards
lean thinking
doing more with less effort, equipment, space, & time but providing customers with what they needs & want. - included training workers in new skills or how to apply old skills in new ways so that they can quickly take over new responsibilities or use new skills to help fill customer orders
ISO 10015:2019
quality management guidelines detailing how to establish, implement, maintain, & ensure training & development systems help employees obtain the knowledge & skills they need to perform effectively
digital learning
learning that can occur daily in the work setting using devices like smartphones, tablets and computers
upskilling
employees improving or expanding their current skills
reskilling
employees acquiring new technology or skills
nontraditional employment
the use of independent contractors, freelancers, on call workers, temporary workers, and contract company workers
gig economy
companies who rely primarily on nontraditional employment to meet service needs & product demands
work team
a group of employees with various skills who interact to assemble a product or produce a service
cross training
a training method in which team members understand & practice each others skills so that members are prepared to step in and take another members place should someone temporarily or permanently leave the team, also training employees to learn the skills of one or several additional jobs
virtual team
a team that is separated by time, geographic distance, culture, and or organizational boundaries & that relies almost exclusively on technology to interact & complete projects
outsourcing
the acquisition of training & development activities from outside a company
human resource develoment
the integrated use of training & development, organizational development, & career development to improve individual, group, & organizational effectivness
business strategy
a plan that integrates a company’s goals, policies, & actions
learning organization
a company that has an enhanced capacity to learn, adapt, & change, an organization whose employees continously attempt to learn new thnigs & then apply what they have learned to improve product or serivce quality
mission
a company’s long term reason for existing
vision
the picture of the future that a company wants to achieve
values
principles & virtues that symbolize the company’s beliefs
goals
what a company hopes to achieve in the medium to long term future
SWOT analysis
an identification of a companys operating environment as well as an internal analysis of its strengths & weaknesses. SWOT is an acronym for strengths, weakness, opportunities, & threats
external analysis
examining the company’s operating environment to identify opportunties & threats
internal analysis
identifying the companys strengthss & weakness based on examining the available quantity & quality of financial, physical, & human capital
strategic choice
the strategy beleived to be the best alternative to ahcieve the companys goals
strategic training & development initiatives
learning-related actions that a compnay takes to achieve its business strategy
metrics
business-level outcomes chosen to measure the overall value of training or learning initiatives
balanced scoreboard
a means of performance measurement that allows managers to view the overall company performance or the performance of departments or functions (such as training) from the perspective of internal & external customers, employees, & shareholders
chief learning officer (CLO)
a leader of a company’s knowledge management efforts (or knowledge officer)
knowledge officer
a leader of a company’s knowledge management efforts
human resource management (HRM) practices
management activities relating to investment in staffing, performance management, training, & compensation & benefits
staffing strategy
a companys decisions regarding where to find employees, how to select them, & mix the employee skills & statuses
uniqueness
the extent to which employees are rare & specialized & not highly available in the labor market
strategic value
employees potential to improve company effectiveness & efficiency
human resource planning
the identification, analysis, forecasting, & planning of changes needed in a companys human resources area
concentration stratgey
a business strategy that focuses on increasing market share, reducing costs, or creating a market niche for products & serivces
internal growth strategy
a business strategy focusing on a new market & product development, innovation, & joint ventures
external growth strategy
a business strategy emphasizing acquiring vendors & suppliers or buying business that will allow the company to expand into new markets
disinvestment strategy
a business strategy that emphasize the liquidation & divestiture of business
centralized training
organizing the training department so that training & development programs, resources, & professionals are primarly houses in one location & decisions about training investment, programs, & delivery are made from that department
corporate university
a centralized training organization in which learning is provided to not only company employees & managers but also stakeholder outside the company
business-embedded (BE) training
training that aligns closely with the companys business strategy & that is characerized by 5 competencies, strategic direction, product design, structural versatility, product delivery, & accountability for results
resistance to change
managers & or employees unwillingness to change
control
a managers or employees ability to obtain& distribute valuable resources
power
the ability to influence others
task redefinition
changes in managers & or employees roles & methods
brand
the look & feelings of the training that is used to create expectations for its customers
outsourcing
the acquisition of training & development activities from outside a company
business process outsourcing
the outsourcing of any business process, such as human resource management, production, or training
needs assessment
the process used to determine if training is necessary; the first step in the instructional system design (ISD) model
organizational analysis
a training analysis that determines the appropriatness of training, considering the context in which training will occur
person analysis
training analysis that involves (1) determining whether performance deficiencies result from lack of knowledge, skill, or ability or from a motivational or work design problem, (2) identifying who needs training, and (3) determining employees readiness for training
task analysis
training analysis that involves identifying the tasks & knowledge, skills, & behaviors that need to be emphasized in training for employees to complete their tasks
stakeholders
company leaders, top-level managers, mid-level managers, trainers, & employees whoa re end users of learning who have an interest in training & devepment & whose support is important for determining its success (or failure)
learning council
group of key stakeholders, typically includes executives & company leaders, who are asked to provide insight & recommendations about the companys training needs
subject-matter expert (SME)
a person who knows a great deal about (1) training issues, (2) the knowledge, skills, & abilities required for task performance, (3) necessary equipment, and (4) the conditions under which tasks have to be performed
job incumbent
an employee currently holding a particular job
focus group
a face to face meeting with subject matter experts (SMEs) in which specific training needs are addressed
crowdsourcing
asking a large group of employees (the crowd) using social media or the web to help provide information for needs assessment
benchmarking
the use of information about other companies training practices to help determine the appropriate type, level, & frequency of training
gap analysis
determining the difference between employees current & expected performance
readiness for training
the condition of (1) employees having the personal characteristics necessary to learn program content & apply it on the job, & (2) the work environment facilitating learning & not interfering with performance
person characteristics
an employees knowledge, skills, ability, behavior, or attitudes
input
instructions that tell employees what, how, and when to perform, also, the resources that employees are given to help them perform their job
output
a jobs performance standards
consequences
incentives that employees recievie for performing well
feedback
information that employees receive while they are performing about how well they are meeting objectives
motivation to learn
a trainees desire to learn the content of a training program
basic skills
skills necessary for employees to perform their jobs & learn the content of training programs
cognitive ability
verbal comprehension, quantitiative ability, & reasoning ability