Note: Sample below may appear distorted but all corresponding word document files contain proper formattingExcerpt from Term Paper:
Thus, stimulation provides the realistic environment by allowing trainee to make mistake in a safe environment. The learning cycle is shortening because it provides immediate feedback.
However, the training through stimulation may be time-consuming to implement for employee operating heavy machines.
Despite the benefits that organizations could derive from traditional training method, the computer-based training method is growing. The computer-based training method involves delivery training content through internet, WAN/LAN technology, extranet, and satellite broadcast. The report recommends that PepsiCo should employ both traditional training method such as presentation methods and computer stimulation method or computer online-based training method. With recent development in information communication technology, computer-based training (CBT) has continued to serve as a basic training method for employee. The use of CBT is growing due to the benefits that organization is deriving from CBT system. Typically, the cost of implementing CBT compared to the traditional training method is lower because CBT could be used to train large number of employees located in different countries at the same time. Cost saving is the major benefit that an organization could derive from implementing CBT. Unlike traditional training method where organization needs to use buildings, number of instructors, the computer-based training could be implemented in a virtual environment, and the system will decline the training costs for the organization.
Training Recommendation for PepsiCo
PepsiCo Inc. should employ both traditional and computer-based training for the training and development. The organization needs to employ presentation method to implement training and development when using traditional training method. Since PepsiCo is a global company that operates in several countries, the company could use traditional presentation training method, which could be implemented through satellite. The company could use the training methodology to train its employee at different countries. The strategy is to place a tutor in one location and employees could be located in any part of the world. This system will allow several employees to receive training at the same time and the process will allow the company to decline costs of training presentation. Training employees at different locations with different tutors is not cost effective for the organization. Thus, PepsiCo could save enormous amount of training costs by implementing the satellite traditional presentation training system
Recent development of information communication technology (ICT) could assist organization to save training costs. The use of latest technology for the training could produce fast delivery of content materials, and the system will allow employees from other countries to have access to the best training tutors and materials not available in their countries. Despite the benefits that PepsiCo could derive from the satellite traditional training method, there are specific job training that could not be implemented in-group. The company needs to use computer-based stimulation training to achieve desired results. Curtin, et al. (2011) argue that computer-based stimulation training is used " to train many professionals including pilots, military personnel, business managers, and health care professionals, and is an effective active learning technique that encourages the application of knowledge and skills in real-world scenarios." (P 1).
Computer based-stimulation could be used to develop the knowledge of training in a safe environment. The training methodology will assist the company workforce to grow professionally and transfer the best skill, technology and knowledge to organization practice. The presentation method will assist the company to impact knowledge to senior management and junior employee. The company should implement expansive online leaning to develop the leadership program, which the company requires for managing its global conglomerates.
A plan to conduct the TNA
SSM (Strategic Systems Model) assists an organization to design the curriculum that should be included in the training curriculum (Dubois, & Rothwell, 2004). The training plan needs to integrate the strategic objective of PepsiCo to achieve organization objective.
A plan for the training needs for PepsiCo is as follows:
Type of Training
Traditional Presentation method
Computer-based stimulation method
Online training method through satellite.
To assist PepsiCo to enjoy cost saving with training implementation.
To develop the competency of employee to produce innovative products .
To develop employee skills to produce high quality products.
To develop employee competence in order to record 30% increase in the net income within 12 months
To assist the company to achieve long-term sustainable growth.
PepsiCo will need to incur approximately $10 million for the training of employees in the company headquarter and other countries.
Training Time Frame.
PepsiCo will use approximately 12 months to cover the training and development of its employees.
The report provides analysis of various traditional training methods that PepsiCo could implement for employee training and development. The report identifies presentation methods and Hands-on Methods training method that include training on the job, case study, stimulation and role-playing. The study identifies that presentation method is the best traditional training method that PepsiCo could employ for employee training and development. Despite the benefits derived from the presentation traditional training method, many organizations are increasingly using computer-based training method for employee training. The report recommends that PepsiCo should use combination of traditional training method and computer-based method for training. The report suggests that the company should use satellite technology to implement the training since the system is not only cost effective, the company will be able to implement training for employees located across different geographical locations.
Curtin, L.B. Finn, L.A. Czosnowski, Q. A et al. (2011). Computer-based Simulation Training to Improve Learning Outcomes in Mannequin-based Simulation Exercises. American Journal of Pharmaceutical Education. 75 (6):, 1-6.
Dubois, D. & Rothwell, W. (2004). Competency-Based…[continue]
"Pepsico Training And Development Pepsico" (2012, May 28) Retrieved November 29, 2016, from http://www.paperdue.com/essay/pepsico-training-and-development-58347
"Pepsico Training And Development Pepsico" 28 May 2012. Web.29 November. 2016. <http://www.paperdue.com/essay/pepsico-training-and-development-58347>
"Pepsico Training And Development Pepsico", 28 May 2012, Accessed.29 November. 2016, http://www.paperdue.com/essay/pepsico-training-and-development-58347
At which point, PepsiCo will use the talent management model to help retain key individuals. This is significant, because it shows how all three of these different pieces work together, with the company being able to effectively identify and recruit talent. Then, show them how PepsiCo is different, in managing this talent. Together, these elements have allowed the company, to adapt to changes in consumer tastes and new competitors.
The total asset turnover ratio on the other hand indicates that just as is the case with the fixed asset turnover ratio, the Coca-Cola Company has been less effective in the utilization of all its assets in sales generation. The inventory turnover ratio is essentially a measure of the number of times the inventory of a business entity is replaced or sold within a given period of time. In the
innocentdrinks..uk / 1 introduction: a general overview business, business sector, size, history, product rage, location, information interesting 2 organizational chart 3 recrutements career opportunities, organisation secrets stuff 4 selection: selection process, qualities experience a candidate 5 rewards benefits 6 Training - details training personal development programmes company Innocent Drinks Innocent Drinks was founded in 1999 in London, United Kingdom. It is a small size company, employing slightly over 200 staff members,
A low concentration of market share is always held by many rival firms making the competitive landscape more intense. Threat of substitutes; Substitutes refer to other products in other industries. Pepsi deals with beverage industry and food industry for example. The private label food products that are low priced compared to those of Pepsi which is highly priced, is leading to price wars as customers opt for cheaper products. Buyer power;
Manufacturing Seven Key Elements for Successful Implementation Norman Binette, Jr. Biddeford, Maine Manufacturing organizations are built on the premise that they possess the ability to provide a wide variety of quality products for their customers. This reputation is dependent upon the constant review of existing processes and the identification of new and innovative methods of production that will enhance and increase the diversification of product lines. One such process that has proven itself
Literature Review, Analysis and Discussion 7,500 words This section presents a review of the recent relevant peer-reviewed and scholarly literature concerning environmental sustainability in general and how environmental sustainability initiatives can help multinational corporations of different sizes and types achieve a competitive advantage in particular. Literature Review. According to Michalisin and Stinchfield (2010), "There is widespread consensus that human activity has had a significant impact on global climatic patterns which will have
Sociology of Work It has become a generally acknowledged fact nowadays that a new global economy is coming into view. This innovative international economy is distinguished "by the transnational flow of capital, goods, services and labor; by greater national specialization and increased competition across borders; and by the use of new technologies" (O'Toole & Lawler III, 2006). Moreover, it has completely disturbed the long-established ways of business responsibilities and operations. The United