Developmental needs refers to the future needs of an organisation as oppose to the normal training needs which attempt to solve the current performance gaps.
How to project the growth of an organisation? The best indicator of performance growth is the return on equity and the return on assets. For example if last year you achieve 15% ROE, projected 20% ROE would probably mean a new set of strategies are required.
The concept of cause effect linking up of all the strategies with lines towards the ROE is called the strategic map.
What variables within the ROE format you need to improve to result in higher ROE?
The change must be in line with accepted or best practice strategy.
To identify the learning needs the BSC perspectives could be applied.
At the bottom of the strategic map is the HR inputs.
We work downward to get the training needs.
Arriffin Mansor 012-2786282
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