Case Study - Training Skill Sets

Reference no: EM132724097

Case Study - Training Skill Sets

JS Capital Management Pvt. Ltd. Believes that today a major constraint in industry is the lack of quality of manpower. Hence, after hiring people they have to train them to suit their needs. Since the company has a linear-staffed organization, this kind of HR exercise does not get the due time and time attention that it usually demands. One major shortcoming faced at the lower level is the rapid spread of the concept of 'learning by doing' attitude that can actually cost investor heavily.

For such impediments JS Capital ensures intensive employee training modules designed to suit their requirements. They send their people to institutes like London School of Economics, Harvard Business School etc. to learn strategies related to the industry. Then, they conduct a number of in house training programmers. They also "throw them into the water" to investigate and evaluate their imbibed skills and talents. Employees of the company has for its distributors.

Questions -

1. Do you think such an extensive training is really necessary?

2. How can we determine the cost effectiveness of such programmers?

3. After making so much investment in human resource, if the employee leaves the organization, how will the loss be accounted for?

Reference no: EM132724097

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