Training, Development and Careers in Global Context

  Introduction Multinational Enterprise (MNE) can be defined as an enterprise that has facilities and assets in at least one country other than its home/parent county. MNE has a global presence and generally has offices or factories in different countries and a centralized head office which helps to coordinate global management (Chen, 2022). According to Indeed (2021), there are four major types of MNEs. Decentralized corporation – Do not have centralized headquarters and each country operate according to its own management structure.   Global centralized corporation – have a head office in the home country and the same management team handles domestic and global operations.    International division – Operations may be segregated into domestic and international operations and an international division is responsible for overseeing the foreign operation.   Transnational enterprise – Parent and subsidiary relationships exist among the parent and other cou...

  Introduction Government sector undertakings can be explained as the organization which provides public services and ownership belongs to the government. In Sri Lanka, Ministries, departments, corporations, courts, and many more can be considered public sector organizations. Training and development in the government sector can be defined as a process of improving skills, knowledge, and attitudes in government employees for the purpose of increasing the effectiveness of their current position and preparing them for future positions. Training & development is very important in both the private and the public sector equally to gain competitive advantage, high profitability, growth of the organization as well as employee retention and satisfaction. Importance of Training & Development in the Public Sector Undertakings Most government organizations do not have a profit motive and few have a profit motive and they face a high competition between private sectors. They prov...

  Introduction Continuous Professional Development is an ongoing process of improving, maintaining, and documenting the skills of professionals such as doctors, engineers, teachers, accountants, nurses, lawyers, HR, Marketing, and IT professionals (SkillsYouNeed, 2017). Further, CPD can be explained as a process of tracing and recording the skills, knowledge, and experience those professionals obtain both formally and informally as they work, beyond their basic training (Johnstone, 2019). Some professions are required to formally complete their CPD and record it on an annual basis when renewing their membership from a professional body or taking a license to perform in the field. In other areas, CPD is considered informal and professionals themselves are committed to learning and improving their skills in a professional capacity. Importance of CPD The world is changing every day, especially in economy, society, knowledge, and technology. To face these challenges, professi...

  Introduction Covid 19 pandemic is the most significant health issue faced by the world during this century (International Labour Organization, 2021). Covid 19 pandemic due to coronavirus has begun in early 2020 and badly impacted basically economy and society including health services, the economy, the education, employment, agriculture, tourism, training and development, and every sector. The government has declared a curfew, lockdowns, and other rules and regulations to avoid the high spread of the coronavirus and the high mortality rate. Because of this, style of the life and employment have drastically changed. The implication of COVID 19 to Employment The COVID-19 pandemic has affected economies and societies all around the world and affected a fall in economic activities, lost working hours and employment income, and an increase in unemployment and underemployment (International Labour Organization, 2021). Further due to the continuous lockdowns and social distance regu...