A large technology company has identified a group of key managers in various departments who were hired with employment contracts that included large equity options. The company went public two years ago and continues to see a steady increase in stock value. There is a realization that many of these managers may retire when they are eligible to exercise their stock options in three more years. What OD activity should HR be focused on related to this circumstance?

Human Resource Development is the integrated use of training, organizational development, and career development efforts to improve individual, group, and organizational effectiveness. This HRCI functional area focuses on the behavior, skills, and competencies for employees to further the organization’s goals. HRD activities need to align and support the organization’s strategic goals and objectives, and it is the HR professional’s responsibility to develop, evaluate, and measure the direct effectiveness to ensure that they are in alignment. By providing input in the development, and fully... Show more

Human Resource Development is the integrated use of training, organizational development, and career development efforts to improve individual, group, and organizational effectiveness. This HRCI functional area focuses on the behavior, skills, and competencies for employees to further the organization’s goals. HRD activities need to align and support the organization’s strategic goals and objectives, and it is the HR professional’s responsibility to develop, evaluate, and measure the direct effectiveness to ensure that they are in alignment. By providing input in the development, and fully understanding the organization’s strategic plan, they can then develop, select, and implement human resource development programs and activities that provide the organization’s workforce with the necessary skills and competencies to meet the current and future organizational job demands.

HRD has a strong role to play in helping employees acquire skills and knowledge, and in assisting with the changes and outside influences through the development of training and development programs, change management, performance management, employee career planning, and job enhancement.
 

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