Strategic Human Resource Management - Assignment 1 Essay

Strategic Human Resource Management - Assignment 1 - Essay Example It is in this context that training and development is regarded as one of the important and valuable constituents of SHRM. Training and development not only supports an organisation to compete with its chief rivals, but also assist it to sustain in the 21st century competitive landscape (Lundy & Cowling, 1996). From a generalised perspective, it can be apparently observed that the role of training is to develop the performances of the entire workforce belonging to a specific organisation for smoothly performing their different assigned tasks or jobs. Conversely, it has been viewed that the role of development is to prepare the personnel of an organisation for conducting future responsibilities as well as functions in an effective manner (Torrington & et. al., 2011). The organisations belonging to this modern day context strongly believed that they can avail significant benefits from paying much attention upon the importance of training and development. ... Moreover, certain suitable recommendations will also be provided to the company for enhancing this particular field with the intention of maintaining organisational effectiveness. A Brief Overview of Cathay Pacific Airways Cathay Pacific is often regarded as one of the most dynamic international airlines in the global passenger and cargo airlines industry. Established in Hong Kong, the company currently deals with operations providing passenger along with cargo services to an excess of 110 destinations throughout the globe. The vision of the company has been to become one of the best airlines across the globe. The company was established in the year 1946. Since then it has been incessantly making substantial investments to drive advancement in the aviation industry of Hong Kong and also to enhance the business position of the economy as a local transportation hub. The airline company has been viewed to prioritise the aspect of SHRM functioning through training and development with th e motive of developing the performance of its entire workforce and thus preserve its operational excellence (Cathay Pacific Airways Limited, n.d.). In this similar concern, the airline company has been viewed to invest substantially on training and development with the intention of accomplishing its pre-determined business targets. The various business goals of the company might comprise enhancing profitability along with productivity, increasing market share and most importantly attaining superior competitive position over its chief business market contenders. Driven towards these objectives, the company realised the utmost necessity of emphasising more upon its training and development practices to engage