Assignment 1: Discussion-Training
You are a manager in the HR department at WidgetMaker. It has recently been brought to your attention that many of the workers require more training to accurately perform their jobs.
Using the University online library resources and the Internet, research the costs and benefits of implementing training programs.
Write a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justified.
Within your memo, address the following:
1. Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs?
2. What factors should the company consider when designing a training program? How should its effectiveness be evaluated?
After your initial posts discuss the following:
1. Under which circumstances is training not transferable from company to company?
2. From a management perspective, is it ever disadvantageous to hire individuals who have been previously trained at other companies? Why or why not?
3. How much can the company culture of one company affect the training required at a different company?
Assignment 2: Leadership Development and Succession Planning
Write your initial response in 300-500 words
An effective succession plan is essential to ensure the continuity of a company's business objectives across multiple leaders. For this assignment, you will research and discuss the very public leadership changes that occurred in Apple Inc. and Yahoo! Inc.
Using the University online library resources and the Internet, research the leadership changes that occurred in the following two companies during the specified time period:
1. Steve Jobs leaving Apple Inc. in 2011.
2. Yahoo! Inc. between the years 2007 and 2012. During this period, the firm had over six individuals in the chief executive officer (CEO) position. When answering questions about Yahoo! Inc., you may include comments about any of the leadership changes within the specified time period.
For both companies provide a brief summary of the circumstances surrounding the changes in leadership and answer the following questions:
1. What was the public plan prior to the departure of the CEOs?
2. What business and HR objectives were most important prior to the switch?
3. Was the chosen successor an internal or external hire? Why do you think that method was chosen? Was it successful?
After your initial posts respond to the following:
1. How did the transition affect the business objectives of the company?
2. Imagine the current CEO for each company internally announces that he or she is stepping down in one year. What strategies do you recommend HR implement to find a successor? How do these strategies align with the overall business objectives? How do they align with HR objectives?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.