Precision in Learning: Harnessing Targeted Training to Unlock Talent Development
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Abstract
Organizations needs to provide continuous relevant training to their employees for long-term skills development. Employers can upskill and retrain personnel through targeted training (formal and informal learning) to fill in unique skills to reduce attrition. Talent development is very crucial, as there is a need for competent employees that provide their services in firms such as business consulting, software companies, and IT. Due to covid-19, need of software developers at global level has boosted. Remote working even in post-pandemic period is becoming new normal as software companies are interacting globally. This study is conducted to analyse the effectiveness of targeted training in talent development. This study is based on qualitative research, in which interviews were conducted with upper management of software companies from Islamabad and Rawalpindi. Later, themes were generated and data was coded using NVIVO version 12.2 software. The results highlighted that companies need to explore skills gap, develop goals about training concerning objectives, understand needs of individual learning through cultural diversity, geographical location, specific to their knowledge, skills, expertise, learning styles, skills set, and technology access. It is concluded that targeted training is the need of the hour and one of the most efficient tactics in software companies for adopting modern development technologies, transformation in digital channels, accelerating for bridging skill gaps, increasing team performance and managing resources effectively. As this is qualitative research, so further quantitative research needed to be conducted in future with a conceptual framework to highlight importance of this new approach.