Friday, February 28, 2020
HRD Intervention and an Appropriate Evaluation Research Paper
HRD Intervention and an Appropriate Evaluation - Research Paper Example This essay stresses that the process model, explained in Phillips, focuses on the inputs from different forces ââ¬â throughout the time frame of the process, on the basis of a number of measures, these including: reaction and contentment; application and execution; learning, business impact, return on investment and the area of intangible benefits. The model, also focuses on the techniques of isolating the effects of the program ââ¬â from the effect of other influences. The need for the usage of ROI models centers around the increasing training and education budgets of organizations, which continues to rise day after day; increasing accountability issues; and the increasing internal rivalry resulting from the inflating budgets. This paper declares that the ROI model adopted must be applicable to all kinds of data ââ¬â hard and soft, cover costs and offer a realistic track record of the venture. In building an effective model, these key areas must be included: an evaluation framework, the ROI process replica, the operating philosophy and standards, the implementation of the ROI framework, and the case practice and applications exercise. There are four elements given focus during the selection of the data collection methods, these including assessment purposes, the instruments under usage, the levels of application, and the timing for the implementation of the process. ROI calculations, which are used by many organizations, are used, towards meeting the demands of high-ranking stakeholders. The process centers on the creation of value-added contribution of training and education ââ¬â through a model that is preferred by the different parties within the framework ââ¬â these including executives and administrators (Phillips, 1994). Though the model presents a hard-felt dilemma for most organizations, there is an imminent need for ROI ââ¬â which answers questions on accuracy, appropriateness, and necessity (Kimmerling, 1993). Further, the process must be applied on the basis of a sound framework ââ¬â
Wednesday, February 12, 2020
Philip's vs. Matsushita Essay Example | Topics and Well Written Essays - 2000 words
Philip's vs. Matsushita - Essay Example Both brothers and their father worked hard and by 1900, Philips was the third largest light-bulb producer in Europe. Philips concentrated only on light-bulb technology development. Company policy was to scrap old plants and use new machines or factories whenever advances were made in new production technology. It also established hi-tech laboratories for R&D and it developed a tungsten metal filament bulb that was a great commercial success (Bartlett, 2006, p. 1). In 1899, Philips initiated its offshore business and within a decade it expanded its sales network across Japan, Australia, Canada, Brazil, United State and Russia. In 1919, Philips made an agreement with Genera Electric, giving each company the use of the other's patents. In 1918, Philips introduced the electronic vacuum tubes; eight years it lunched its first radios to market, capturing a 20% world market share within a decade; and during the 1930s, Philips began producing X-ray tubes (Bartlett, 2006, p. 2). During World War II Allied and German bombing had targeted and damaged most of Philipsââ¬â¢ manufacturing facilities in the Netherlands, the management board decided to build the postwar organization on the strengths of the national organizations (NOs). The independent NOs had a great advantage in being able to sense and respond to the local market demands and differences. These NOs were also free in financial, legal, and administrative matters, and also to built their own technical capabilities and product development.
Subscribe to:
Posts (Atom)