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Pepsico Training And Development Pepsico Term Paper

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...

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.

Training Benefits

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.

Training Costs

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.

Conclusion

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.

References

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 or a Traditional Approach to Training? T+D. 58( 4): 46-57.

Srimannarayana, M. (2011). Measuring Training & Development. Indian Journal of Industrial Relations 47 (1):117-125.

Pepsico (2011). Pepsico Inc. Annual Report 2011. USA.

Steve, G. (2011). Stimulations give Sale Training a Dose of Reality. T+D. 65 (11):52-55.

Qayyum, a. Sharif, M. Tariq, a. et al.(2012). Training & Development Practices in National Bank of Pakistan. Information Management & Business Review, Jan2012. 4 (1):,8-17.

Yahoo Finance (2012). Pepsico Inc. USA.

Sources used in this document:
References

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 or a Traditional Approach to Training? T+D. 58( 4): 46-57.

Srimannarayana, M. (2011). Measuring Training & Development. Indian Journal of Industrial Relations 47 (1):117-125.

Pepsico (2011). Pepsico Inc. Annual Report 2011. USA.
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