As the manager at WidgetMaker, you have discovered a need for additional training among the workforce to ensure accurate job performance. Drawing upon the material covered in this week's modules, as well as utilizing resources from the National Louis University online library and the Internet, analyze the costs and benefits associated with implementing training programs. In the form of a memo, address the company executives, outlining the significance of providing sufficient training to the company and presenting a justification for the financial costs involved. Within your memo, address the following: Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs? What factors should the company consider when designing a training program? How should its effectiveness be evaluated?
As the manager at WidgetMaker, you have discovered a need for additional training among the workforce to ensure accurate job performance. Drawing upon the material covered in this week's modules, as well as utilizing resources from the National Louis University online library and the Internet, analyze the costs and benefits associated with implementing training programs.
In the form of a memo, address the company executives, outlining the significance of providing sufficient training to the company and presenting a justification for the financial costs involved.
Within your memo, address the following:
-
Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs?
-
What factors should the company consider when designing a training program? How should its effectiveness be evaluated?
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