Explain roi process in the human resource development, HR Management

Assignment Help:

Question 1:

‘During the 1920's, ROI was the emerging tool to place a value on the payoff investment. In recent years, the application of the concept has been expanded to all types of investments including human resources, training & education and technology'

a. Explain briefly the different stages in determining return of investment, ROI.

b. Describe the benefits and barriers of implementing the ROI process in the Human Resource Development.

c. Evaluate the ROI, given an HR programs produced benefits of $600000 with a cost of $ 250000.

Question 2:

‘Training and development are processes that attempt to provide an employee with information, skills and an understanding of the organization and its goal' (John M.Ivancevich, HRM)

(a) Describe briefly the different stages of a Training Needs Analysis.

(b) As HR manager, you are requested to advice on the different training techniques that can be adopted to transfer training to the workers.


Related Discussions:- Explain roi process in the human resource development

Discuss the collaborative dimension of kr function, Discuss the collaborati...

Discuss the collaborative dimension of KR function. The collaborative dimension of KR helps to place a value on the KP. It is done through domain experts, collaborative filters

HISTORY CONTRIBUTION TO HRM, identify how history has contributed to the c...

identify how history has contributed to the current state of Human Resource Management

Performance measurement, Question Read the following carefully and ans...

Question Read the following carefully and answer all the questions that follow Mr. John Blunket has been working for nearly a year in the Accounts Department of a large pha

Strategic hrm, Strategic HRM is involved in all the human resource function...

Strategic HRM is involved in all the human resource functions from recruitment to selection, reward, training and development and talent management. Implementing SHRM help organiza

Explain knowledge management of two-dimensional perspective, Explain Knowle...

Explain Knowledge management of two-dimensional perspective KM may be viewed from a two-dimensional perspective. The first dimension consists of the activities that are critica

Communication-human resource management, Communication Communication is...

Communication Communication is the process of transmitting information from one person to another. Simple communication is the mere transmission of information. Communication i

Situational factors determining the leaders effectiveness, Question 1: ...

Question 1: (a). Explain with the support of a diagram the different stages in team development (b). Discuss the „four rules of engagement? that managers have to under

Review process, Review Process: There are four key elements in the pro...

Review Process: There are four key elements in the process of conducting a literature review: ¨  identifying the focus of the review - this will be the general topic or sub

Learning and development in organization, Learning and development in Organ...

Learning and development in Organization Case study: Electrocom Ltd is an electronics company based in North West, employing around 700 employees. It produces high-specifica

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd