CAIIB · HRM

EMPLOYEE DEVELOPMENT

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.

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Q

What is the primary objective of employee development in banking organisations?

A

Employee development aims to enhance the knowledge, skills, and attitudes of bank staff to improve individual performance and align workforce capabilities with organisational goals.

Q

What is the difference between training and development in HRM?

A

Training is short-term skill-building; development is long-term growth.

Q

How does employee development differ from employee training in HRM?

A

Training focuses on improving current job performance for a specific role, while employee development is a broader, long-term process aimed at preparing employees for future responsibilities and career growth.

Q

What is the purpose of a Management Development Programme (MDP)?

A

To enhance managerial skills, leadership, and decision-making abilities.

Q

What is a succession plan in the context of employee development?

A

A succession plan is a systematic process by which a bank identifies and develops internal candidates to fill key leadership positions when they become vacant, ensuring continuity of operations.

Q

What is a career development plan in banking HRM?

A

A structured roadmap for an employee's professional growth over time.

Q

What role does a Training Needs Assessment (TNA) play in employee development?

A

TNA identifies the gap between current employee competencies and the skills required for optimal performance, enabling banks to design targeted development programmes.

Q

What is the concept of 'stretch assignments' in employee development?

A

Challenging tasks beyond current skills assigned to promote growth.

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