Employee Development: New Paradigms

Abstract

Employees are the life of any organisation. The success or failure of the organisation depends on employee engagement, motivation and performance. Organisations are investing huge amounts of time, money and resources on employee development. This paper analyses and shares some frameworks and models related to employee development with various live examples of B-school programmes, executive learning strategies and organisational initiatives. It refers to the mega trends shaping the world due to the COVID-19 pandemic and develops a model for creating meaningful and competent teams for development needs and the potential identification and proper execution of employee development strategies. This article also talks about how technology can be used for development needs identification and capability building. The article suggests that we should look at various dimensions like conceptual skills, technical and functional skills, human skills, curiosity, self-awareness and corporate citizenship, while designing employee development programmes.

Importance of employee development programs in business

“…The evolution of ED will continue to adapt as the business world changes and technology develops further to accommodate EDPs globally (Nath, 2022). Regardless of the initiatives implemented by executive leadership teams, financial investment in EDPs, and the time and effort employees put in, success will be measured differently from one organization to another (Sachdev, 2022). This paper helps connect one HRM practice (ED) with organizational performance.…”