Strategic role of employee training in capabilities

Question

Illustrates the strategic role of employee training in capa¬bilities and competences?

Answer 1

The strategic role of employee training for capa¬bilities and competences is as follows:

1. Training and retraining are valuable when a organization shifts to a strategy requiring different skills, managerial approaches, competitive capabilities, and working techniques.

2. The strategic significance of training has not gone unnoticed. Over 600 companies have established internal “universities” to lead the training effort, organizational learning, facilitate continuous and help improve company capabilities and competences.