Showing posts with label capacity development. Show all posts
Showing posts with label capacity development. Show all posts

Wednesday, 28 March 2012

Capacity Building with Successful Training Programs


March 28, 2012 

Capacity BuildingCapacity Building


Capacity Building within your organization starts with successful training programs.  To achieve success in training programs, research the capacity building needs of your organization, and the needs of employee development.  Significant surveying of the potential participants should take place – this will shape your program.  From this point, strong and detailed planning will be required to take your training initiatives into successful capacity building territory.

Mandatory Training Programs for Capacity Building


If the training is essential or mandatory for your staff, then your employees need to be committed.  To make that experience more value-added, ask employees for their input into mandatory training, which could involve flexible scheduling, involvement in the design and preparation, and pre-emptive messaging on the importance of the mandatory training programs.

Value added Training Programs


Capacity BuildingIf the training program is one of value, but not mandatory, it is sometimes a hard sell.  An example of this would be skill enhancement or management training for organizational development.  Programs such as this require gauging employees for interest.  The organization has a vested interest in the capacity building of internal employees, as this may be the most cost effective way to retain human capital and corporate knowledge.  To the employee developing and moving into management of specialized area is not a mandatory exercise but one of choice.   The benefits of the training program and future prospects within the company must be promoted.

Capacity Building Benefits of Training Programs


Organizations must zone in on the benefits, especially the benefits to the employee, which will result in benefits to the organization through capacity building.  The highest priority should be to convince employees that training will absolutely benefit the employee first, organization second.  This will enable a high-level of buy-in when the employee benefits are placed out front.

Similar to promoting products or services to the populous, organizations must develop the right messaging around training and development programs for their employees.  A well-developed training program will demonstrate how the organization will assist with the personal and professional development of employees, with no huge commitment from the employee.  If the employee is quite demanding with training and development that they are interested in, that is a different story, and may require a bit of negotiation and commitments from both the employer and employee.  With expensive management training an organization may want a commitment from the employee, such as strategic employee retention, development and promotion.  Strong commitments will create strong relationships between employee and employer.

Training and development programs are essential to capacity building within organizations and staying competitive in the global environment.  As noted special emphasis must be placed on ensuring there is a two-way beneficial aspect of the training program to get maximum buy-in from staff leading to a successful training program.

Tracking Capacity Building Progress & Results


To round off the procedures for successful training plans, ensure you track progress and results.  With any project such as a training program, measure the effectiveness and return on investment.  Revise accordingly for continuous capacity building in your organization.  You will note progress when your units are gaining capacities in operations and management, and if your employees are buying in, you will achieve a high retention of your staff.
Business information, resources and tips for the entrepreneur
© 2012 Strategy Plan One

Wednesday, 21 March 2012

The Four Capacity Building Pillars of Entrepreneurship


March 21, 2012

Capacity BuildingCapacity Building for Strong Entrepreneurship

To be a successful entrepreneur, individuals must build capacities in four key strategic areas – Operational, Management, Financial Management, and Personal capacities.  Entrepreneur capacity building involves developing the combination of all four capacity elements, to provide the ingredients for a great entrepreneurial success soup.
Some of these capacities are gained through experience throughout your career, while others are learned through educational avenues.  Some successful entrepreneurs are born with strong personality traits, and some behaviors are strengthened through learned responses in the business environment.
Here are the four key categories of capacity building leading to the development of successful entrepreneurs.

Operational Capacity Building

Having a brilliant understanding of an industry and business at ground level builds operational capacity.  This of course involves working in a variety of business operations for a period of time prior to diving into entrepreneurship.  This is where you gain valuable insight into what makes businesses tick.  Understanding the dynamics on the floor, in the cubicles, in the field and out on the road, gives you the perspective on how to lead, organize and plan for operations.

Management Capacity Building

Taking operational experience one more step, gaining management experience in a field or business will be directly applicable to managing your own business.  The valuable experience you gain managing operations, resources and people will give you the applicable tools for your own business.  With a few years of management experience, you will gain management capacity and an understanding of responsibilities and accountabilities at that level… all precursors to managing your own company.

Capacity BuildingFinancial Management Capacity Building

Through a combination of work experience and education, you need to be well-grounded and versed in managing finances. You need to be able to accurately estimate and build financial statements and to understand them.  With gained skills, you will need to be able to analyze financial statements, looking at trends and indicators and what those all mean to your business.  Financial reports provide key indicators and information on the business’ financial health…there is a wealth of information in the financial statements.  Other parties, partners and financial institutions will be looking at you and your organization’s ability to manage finances.

Personal Capacity Building

Of extreme importance, if you don’t have some key personal, entrepreneurial traits you may be closing up shop fast.  Some people are born with strong traits while other behaviors can be picked up along the development pathway.  Demonstrating strong traits and behaviors such as dedication, perseverance, ambition, determination, strong-will, openness, honesty, transparency, fairness, etc may move you along the pathway to become a successful entrepreneur.
Business information, resources and tips for the entrepreneur
© 2012 Strategy Plan One