The
Problem
and
the
Solution. Leaders in the field of human resource development (HRD) recognize the need to link H RD initiatives to the strategic economic goals of the organization Many organizations have invested heavily in training their workforce through training initiatives that can yield large returns on investment, only to see its highly skilled employees being hired away by its competition. The question being raised today is whether an organization can afford that risk. This chapter develops a model to forecast the strategic economic risk associated with investing in a training initiative
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