"Training Strategies for Small and Medium Sized Businesses: One Size Doesn't Fit All"

Training Strategies

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June 9th , 2010

Table of contents

Introduction 3

Review of Literature .4-8

State-of-the-art Training Strategies .9

Blended Learning .9

Organizing Seminars about New Management Topics .9

Organizing Lectures for Executives .9

Organizing Training for Management Experts .9

Implementing a Lifetime Learning System .10

Implications of the Literature .10-12

Conclusion .12-13

References .14

Introduction

The prerequisites for training vary in different small

businesses , with size being the most noteworthy factor . Smallest firms tend to conduct the training for their employees on a superficial level having their entire focus on learning informal skills , whereas in comparatively larger SMEs there is a broader spectrum for the learning perspective Such companies want to obtain more formal training with an objective of achieving standard skills . Thus different firms have different training strategies regardless of the size . This paper aims to address the same case as Training Strategies for Small and Medium Sized Businesses : One Size Doesn 't Fit All

A survey conducted by Paul W . and Storey J (1997 ) among 6000 randomly selected SMEs in Great Britain showed that there is are huge differences in the attitudes of the manager /owner and the ways of fulfilling the training needs of either family or non family employees in their business . The family members need for training is viewed in terms of explicit development issues for instance , succession planning whereas the case is entirely different for non family employees it is...