Imagine you are the new training manager for a Financial Services organization with 500 employees. As the new training manager, your goal is to calibrate training to be closely aligned with business...

Running Head: HUMAN RESOURCE MANAGEMENT    1
HUMAN RESOURCE MANAGEMENT         2
HUMAN RESOURCE MANAGEMENT
Table of Contents
Core Values, Business Strategies, Ethical Principles and Culture Needed to Support Training Model    3
Human Resource Development and Its Alignment with Strategic Planning    3
Summarizing Each Phase of Training Process Model    4
Varieties of Training and Categories of Learning to Support Key Business Strategies    5
Ways for Organization to Best Support Employees through Change Management as well as Training and its Benefit on Overall Organizational Performance    6
References    8
Core Values, Business Strategies, Ethical Principles and Culture Needed to Support Training Model
A business strategy aims to achieve organizational goals and stay ahead of competitors. It defines what are the requirements of business to succeed. Business strategy involves discovering of innovative products. The training also involves the ways; to improve the customer service. If business deliver good quality customer service, then the goodwill of company also increases (Ahmad, Kura, Bibi, Khalid & Rahman Jaaffar, 2019). They should be taught how to differentiate the products from the products of competitors by highlighting the features such as superior technology or pricing. They should also be taught to gain economies of scale by adopting latest method of technology.
The core values include respect, integrity, responsibility, self-improvement, honesty, unselfishness, loyalty, commitment, open mindedness and reliability. These values are the fundamental beliefs of the organization and help in differentiating between right and wrong. The values tell the ways; an organization works, the ways; it interacts with each other and the strategies, needed to be employed to fulfil the mission (Adam, 2020).
Ethical principles include transparency, fairness, honesty, non-discrimination and respect for human rights, attention to social justice, accountability and responsibility. All cultures, opinions and religion should be respected. Moreover, the stakeholders should be given all the necessary information as and when needed. Culture is also necessary as it defines the characteristics of a particular group and encompasses the social behavior and norms in the society (Chikere, Moradeyo & Adisa, 2020).
Human Resource Development and Its Alignment with Strategic Planning
Human resource management is concerned with the workforce of the organization. It aims to improve the skills, knowledge, ability and talent of the workforce. It helps in improving the performance of the employee, which helps in achieving organization goals. Training and career development contribute the most in the development of the workforce. Strategic planning involves planning for achieving organizational goals, mission and vision by establishing a direction (Koch, Gerber & De Klerk, 2018).
It assesses where the organization is, where it is going and where it wants to go. Human resource development and strategic planning are inseparable in nature. Strategic planning is concerned with what long-term goals an organization wants to achieve with its available...