Competency gaps are training needs

Gaps are identified by comparing the performance of the company against a bench marked company in the same industry. Positive performance indicate strengths whereas the opposite shows weaknesses. Thereafter, proper winning strategies could be formulated and best practices could be recognized and adopted. All the above could be drawn objectively from the financial statements rather than relying on subjective opinion surveys which are popularly but wrongly applied in TNA.

Thursday, March 8, 2018

Training Need Analysis

TRAINING NEED ANALYSIS

Performance Gaps

Industry Standards

Key Performance Indicators

Pareto principle

Critical Performance Gaps

Sensitivity analysis

Root cause analysis

Component ratios

Problems and issues

Best Practices

Non-Performers

Other solutions

Competency Profiling

Strategies

resources

System

information

Productivity ratios

Competency Gaps

CHANGE

Training Needs

Simulated models

Return on equity

ROE model

Expected results after training

CORPORATION METRIC MANAGEMENT
DAY	9.00-10.30	10.30-11.00	11.00-12.00	12.00-1.00	1.00-2.00	2.00-3.30	3.30-4.00	4.00-5.00
1	Corporate objectives defined ROE Chart		ROE Chart vs Industry Stds Critical Performance Gaps	Key Result Areas BSC key Metrics		Key Performance Indicators		Metric management- case analysis
2	Performance Targets and Standards		Internal & external benchmarkings	Performance Evaluation- Input output analysis		Performance meeting - planning		Role Plays
3	Strategic Mapping Porter's Strategies		ROE kpis Departmental KPIs	Performance meetings - appraisals		Accountability & Action plans Improvement Strategies		Closing Summary