Business Management

Learning and development activities support the achievement of its goals by developing the skills and capacities of individuals and teams. Learning acts as a pathway to development and is a necessary ingredients if business organizations wants to attain its business objectives and create necessary market advantage, and more importantly create a more engaged and committed workforce. Learning eases the attainment of

Katzenbach and Smith (1993) define Team as: A team is a small number of people with complementary skills who are committed to a common purpose, performance goals and approach for which they hold themselves mutually accountable. Teams are assembled with a purpose to achieve certain objectives, and people in the teams with their skills, attitudes, behavior and knowledge hold the key to the attainment of objectives.

Simply research would be initiated in the business when something is not going well, when a need for change is desired, when an organisation face any issue/problem, when a business soughts answers to specific questions, comes in the process of research. The first step in research to know where and what is the problem, once the problem is identified clearly, steps can be taken to gather information relevant to the problem/issues. This entire process where we try to solve a problem, search for answers to questions is called research.

Strategy in a nutshell refers to a plan/course of action organizations undertake to achieve its aims. Similar to this different functions of the Organization have their own strategies to achieve their goals, but goals of the Departments must be in line with the Organizational Goals. Strategic Human Resource Management is the utilization of Human Resource in a way that it serves as a stimulator and facilitator to attain organizational aims.

Learning and Development strategy focuses on achievement of business goals through promotion of human capital. L&D strategy shall be business led, and shall be designed in a way that Human Capital adds to the attainment of Business Objectives through personal learning and development with organizational support. The philosophy behind L& D is the creation of an environment where learning thrives and employees focus on personal development that adds to the organizational performance. This concept of a learning culture is associated with that of the learning organization.

It is important for the leader to understand the process of change and be an example. Leader must craft an appealing vision. Once developed, the leader must implement the change. This could be done through intellectual stimulation, whereby the leader sets challenging goals for the employees and motivates them to rethink old ways of doing business. Here it's important that leader also lives the vision and he does what he/she expects the staff to do. Top management needs to provide adequate resources and shall remove any obstacle that might come in the way. There is also a Need of showing the progress though achievement of short term victories that lead to long tem success.

Strategy in simple terms refers to the plans organization formulates to meet its end objectives, Strategies are devised to ensure market success and achieve competitive advantage. Johnson and Scholes define strategy as