Strategic Employee Training and its Relation to a Real Organization
18 06:06 Unit 2 Assignment: Competitive Advantage
In this assignment, you will be assessed based on the following Outcome:
HR410-1: Explain why training and business strategy should be aligned.
In this assignment, you will describe strategic employee training and its relation to a real organization. Continue with the same organization you selected for the Unit 1 Worksheet. Remember, select an organization that you are sufficiently positioned with to get the information you need for this assignment. It could be a company you have worked with or a nonprofit organization with which you have had some experience. It will be more difficult to complete the assignment if you select an organization where you are an outsider, unable to gather the needed information.
Refer to the assigned text reading and the Course Resources articles below:
Braun, M. R., & Latham, S. F. (2014). Workshop 3: SWOT and Generic Strategies: Starting with a view from the top. In Mastering strategy: Workshops for business success. Praeger.
Porter, M. E. (1979). how competitive forces shape strategy. Harvard Business Review.
(Although this work is dated, it has shaped subsequent discussions of competitive advantage.)
Worksheet: This assignment should be completed in the Unit 2 Worksheet located in Course Resources. You will address the following
Organization
Identify the organization you will utilize for this assignment.
Summarize the Business Strategy
From the Unit 1 Worksheet, what is your organization’s summary business strategy: Cost Leader, Differentiator, Focused Cost Leader, or Focused Differentiator?
Application of Business Strategy
how will your organization apply your Unit 1 Worksheet Business Strategy?
Competitive Threat
Who are your competitors? What is the one primary competitive threat these competitors pose and why? (Threat of Entry, Powerful Buyer, Powerful Seller, Threat of Substitution, and Jockeying for Position)
Competitive Decisions
Where does your organization compete? how does your organization compete? What will your organization use to compete?
Business Goals for Your Organization That Could Be Influenced by Training
What are some business goals in this organization that could be influenced by training? (See Tables 2.2 and 2.4.)
Strategic Training Initiatives for Your Organization
What are some organizational strategic training initiatives your organization could utilize to pursue its business goals? (See Tables 2.2 and 2.4.)
To help you become more familiar with human resources and development professional articles, this assignment has a reference requirement of two articles from TD. Here is how you can find TD publications from the Library.
Note: If you reference, take care to use quotation marks for direct quotations. Here is an example with correct citation: According to Noe (2017), “Training and development can help a company’s competitiveness by directly increasing the company’s value through contributing to intangible assets” (p. 17).
Note: If paraphrase, take care to use the author and year of publication. Here is an example with correct citation: Intangible assets are important for any company. One way their value can be increased is a strategic use of training and development (Noe, 2017).
Assignment Requirements
Answers contain sufficient information to adequately answer the questions and contain no spelling, grammar, or APA errors. You may find resources for APA help in the Academic Writer site under Academic Tools in the left navigation of your course. Points deducted from grade for each writing, spelling, or grammar error are at your instructor’s discretion.
Directions for Submitting Your Assignment
Compose your assignment in the Worksheet provided and save it as username-HR410 AssignmentUnit#.doc (example: TAllen-HR410 AssignmentUnit2.doc). Submit your file to the Unit 2 Assignment Dropbox by the end of Unit 2.
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