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Economic Conditions

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Aman Raj
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0% found this document useful (0 votes)
22 views1 page

Economic Conditions

Uploaded by

Aman Raj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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4.

Economic Conditions
When the economy is robust, organizations tend to grow, and growth
increases the demands on training (like, new employees need
orientation and job training, employees need to change KSA’s).

5. Organizational and HR Strategy


Because the market leader strategy depends on innovation, employee
knowledge and skills are critically important elements of the
employee training environment

Highly skilled and knowledgeable people must be hired and


developed.

They need to go about their work. Reward and feedback systems must
focus on the long term rather than short term performance.

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