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At the top of the charts
IMD's programs are ranked highly by the world's most influential business publications.
A valuable way to gain the necessary skills and knowledge for managing human capital is a human resource program. It offers a key competitive advantage for companies and business organizations.
Despite these definitions, some questions still remain.
By reading this article, these questions will be answered and you will learn more about the top 5 benefits of enrolling in human resource programs.
1. Human Capital Management Programs drive business growth.
As products get commoditized and as competition has become global, the development and retention of talent has become ever more important to an organization's success. Employee training and development also increases company productivity, and that drives business growth.
Talent development starts with empowering those who design and deliver a company's talent management training program. Such learning professionals can benefit from a human resource program focused on developing and implementing successful learning strategies.
2. Human Capital Development Programs increase employee retention rate.
Employee retention rate is a key performance indicator that every company must measure. It tells you exactly if your human resource policies and talent development strategies are efficient and effective.
By enrolling in human resource management programs, you will increase the chances of having a high employee retention rate in your company. A reduced employee turnover means that you will be able to save the time, effort and money incurred in developing an unskilled workforce.
3. Employee Development Programs ensure availability of skilled leaders in the organization.
You will be able to produce better leaders with the help of employee development programs. It is important to enroll in such a program because having skilled and competent leaders is vital for any business organization. This will ensure the continuity of chain of command within the organization. Leadership challenges can be minimized if there are competent people to lead the business organization.
1. Education Masters Programs
Education Masters Programs on human resources are available for those seeking a career in human resources. These generally include HR areas such as efficient staffing, reducing employee turnover, succession planning and talent acquisition, as well as conflict management and negotiation skills training. Some may also include modules on international business management, innovation and corporate social responsibility, and how the HR function supports these.
2. Shorter Executive Programs
Education Masters programs are also available for experienced HR professionals and training managers to further knowledge and skills in specific areas. These include programs focused on learning strategies, as discussed above.
3. Human Resource Programs
Human Resource Programs are also available for non-HR professionals, either as stand-alone courses or as part of management training programs geared at providing general managers with cross-functional skills.
Whether part of the human resources department, or a specific learning function, corporate learning professionals are under increased pressure to demonstrate the value of corporate training.
Designing and delivering a portfolio of management training courses requires not just a strong understanding of human resources theories and practices, but also of business, strategy, adult learning and technology.
A human resource program focused on learning strategies can provide such multi-disciplinary training - and so help talent training managers make a positive impact on business performance through effective corporate training. Indeed, such a program is the ultimate "train the trainer", giving clear insights into the operational environment and the education and training needed to meet organizational and business challenges.
Choosing the right HR program clearly depends on where you are in your career and what kind of human resource skills you need to develop. But regardless of the type of training you need, your best bet is to choose a program from a reliable institution, such as the top business schools in the world.
Human resources education and training is one of the best investments any organization can make - so stick with the best for your human resource program.
A human resource program is a valuable way to gain the necessary skills and knowledge for managing "human capital" - without doubt the key competitive advantage for organizations and companies. Such a program is usually essential for anyone wishing to enter the human resource function. A human resource program has also become a required part of management training courses and Master Business Administration degrees from good business management schools.
Use our INTERACTIVE PROGRAM FINDER to find the best executive development program for you!
Rankings
At the top of the charts
IMD's programs are ranked highly by the world's most influential business publications.