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Pages:
6 pages/β‰ˆ1650 words
Sources:
No Sources
Style:
APA
Subject:
Management
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 31.1
Topic:

Training and Development in Small Businesses

Research Paper Instructions:

WEEK 4 - TRAINING AND DEVELOPMENT IN SMALL BUSINESSES
Training and Development in Small Businesses
Overview
Select a small business with which you are familiar. Imagine that you have been called into that business to provide a consultation on training. Create a comprehensive training proposal for the business.
Instructions
Write a 6–8-page paper in which you:
Analyze key elements of training and development geared toward improving the performance of the specific small business for which you are consulting.
Predict 3–5 potential challenges that the managers or owners of the business could face in addressing organizational performance.
Justify the effects of detecting organizational gaps in small business, providing examples to explain the rationale.
Propose a competitive training strategy that will improve the position of the business in the market. The strategy should include, at a minimum, an agenda of training activities, rationale for instructional strategies used, and the return on investment (ROI) that will be gained from the strategy you have developed.
Note: Wikipedia and similar websites do not qualify as academic resources. The reference page is not included in the required page length.

Research Paper Sample Content Preview:

Training and Development in a Small Business
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Solfire Clothing is a small business in the US that deals with active wear for people depicting an active lifestyle. The management of Solfire believes what a person wears is crucial, especially because it captures the moment. In order to support their customer's active lifestyles, the business offers curated collections of excellent brands to complement their brand (Solfire Clothing, 2023). Given the business futurist mindset, there is a need to develop an extensive training proposal that will improve the competitive edge and performance of the business. Training workers is also a practical strategy to create an incentive for organizational commitment, which could contribute to business sustainability. This paper will examine critical training and development factors, address possible challenges, stress the essence of pinpointing organizational gaps, and a competitive training approach that presents a robust agenda and measurable Return on Investment (ROI). This paper's proposed training strategy will emphasize customized training initiatives, enhancing ongoing and hands-on learning culture. By incorporating such a strategy, Solfire Clothing's workers will acquire the necessary skills, enhancing general performance and consumer satisfaction.
Key Elements of Training and Development
The key training and development elements will be well-structured to address the needs and challenges that the business encounters. They include customized training initiatives, hands-on training, and ongoing learning culture. There is a need to implement customized training initiatives that aim to address the Solfire Clothing business' specific needs, to enhance its performance. Such a program highlights skill areas and gaps that need enhancement through an extensive needs assessment. Workers can acquire specialized skills and knowledge through the proposal addressing the specific requirements of various departments like customer service, sales, and design. Customized training programs are vital for employees to acquire practical and learning experiences, promoting their work performance and the routine contribution to the business. Training and education significantly improve employees' competence and capability (Rassameethes et al., 2021).
Adopting practical, hands-on training and development sessions to bridge the gap between application and theory is also fundamental. Solfire Clothing's employees can effectively and comprehensively learn through experiential learning, significantly enabling them to utilize their knowledge and skills in real-life situations. Hands-on training will be vital in the business in ways such as ensuring effective customer communication and emerging cloth-cutting techniques, as it fosters worker competency, promotes skill development, and builds confidence. Also, it enhances a culture of ongoing advancement, adaptability, and improvement, which is critical for small businesses operating in a competitive and dynamic market. The advancement of technology has made training and learning easier as it facilitates employees to interact with the organization's key stakeholders and to promote their co...
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