EMPLOYEE DEVELOPMENT
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What is the primary objective of employee development in banking organisations?
Employee development aims to enhance the knowledge, skills, and attitudes of bank staff to improve individual performance and align workforce capabilities with organisational goals.
What is the difference between training and development in HRM?
Training is short-term skill-building; development is long-term growth.
How does employee development differ from employee training in HRM?
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.
What is the purpose of a Management Development Programme (MDP)?
To enhance managerial skills, leadership, and decision-making abilities.
What is a succession plan in the context of employee development?
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.
What is a career development plan in banking HRM?
A structured roadmap for an employee's professional growth over time.
What role does a Training Needs Assessment (TNA) play in employee development?
TNA identifies the gap between current employee competencies and the skills required for optimal performance, enabling banks to design targeted development programmes.
What is the concept of 'stretch assignments' in employee development?
Challenging tasks beyond current skills assigned to promote growth.
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