ENTREPRENEURSHIP

Detailed explanation-1: -Employee development is a process of improving employees’ existing competencies and skills and developing newer ones to support the organization’s goals. Inherent in this definition is the following finer points of interest: Employee development isn’t just about developing organizational L&D strategies.

Detailed explanation-2: -Employee development is the process of adding to the existing skills and knowledge through various employee development programs to support the organization’s goals. Usually, firms put in place human resource management to increase growth. Moreover, doing so helps sustain a workable system with competent employees.

Detailed explanation-3: -The many approaches to employee development fall into four broad categories: formal education, assessment, job experiences, and interpersonal relationships.

Detailed explanation-4: -If you want your employees to handle transition well, communicate early, and often. As soon as you’re able to, tell your workers about the change you are implementing. Let them know not only what’s going to happen, but when and how. Share even the hard truths with your team.