Employees are the most important asset that any organization possesses. The success or failure of the organization depends on how well it is able to extract work from them. When the employees are well motivated and driven, they work toward achieving organizational objectives. When the employees are dispirited and deterred, there is a lot of employee turnover and absenteeism. If employees are unhappy, company targets are not achieved. It is vital that employees' skills are developed and honed to bring out the best in them for their own benefit and for the good of the company.
The company's management and the HR department must always work in close alliance to support and encourage all the employees. Some employees may be able to accomplish tasks faster than others. The slower employees need to be trained and coaxed so that they're able to deliver. The immediate superior of the employee must always be ready to provide guidance and assistance to him whenever he needs it.
Honing Skills of the Present Employees
Employee development is very important for honing and developing the skills of the current employees of the organization. Whenever the company purchases new assets, it trains its present employees and teaches them how to operate the new equipment. Whenever the company develops new software technologies, it trains the employees on how to use the new systems. Training could be provided by either in-house instructors or the company can employ the services of instructors from outside the company.
Inducting New Employees
Whenever the company hires new employees, it needs to develop them. They must be acquainted and acclimatized to the working environment and conditions prevailing in the organization. Often, companies have employee orientation programs for all newly hired individuals. These individuals are taught the processes and procedures involved in their jobs. They are also briefed on the organizational structure and hierarchies and told about the key personnel in the organization. The productivity of the new employees increases manifold when a good induction plan is in place.
Employees' Advancement Plans
Employee development plans also help individuals progress further in the organization. These programs bring to fore the latent talent in all the employees. Management and the HR department are able to decide which employees are ready to take on positions of higher authority and responsibility. The chosen employees are then assisted along a further, more advanced development path.