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Scenario 5.1: Is Training Worthwhile

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Scenario 5.1: Is Training Worthwhile?
Co-op Credit is a large credit union in Manitoba.Its training program is one that develops financial service representatives.The training consists of several modules,and each is evaluated upon completion.In-house and classroom-based modules teach content,such as computer literacy,cash duties,and introduction to the credit union's products and services,and progresses through to more advanced training,such as consumer lending practices,estates,and minimal mortgage lending.Each three- to five-day module is followed by a work period of three to 12 months,so that employees can apply their knowledge.Training is measured by having participants complete a satisfaction survey at the end of the classroom training,writing exams,and having managers conduct performance reviews on the job-specific competencies that were learned during the training sessions.Co-op Credit union provides development resource kits,which include career assessments,training courses,seminars,books and work opportunities to all their employees.They provide leadership development training and mentoring to their managers.Coop Credit has increased their attention on talent management as a way to attract and retain top talent.
-Please refer to Scenario 5.1.What are the development resource kits an example of?


Definitions:

Centromere

The region of a chromosome where the two sister chromatids are joined together, playing a crucial role in chromosome movement during cell division.

Chromatids

Each of the two thread-like strands into which a chromosome divides longitudinally during cell division. Each contains a double helix of DNA.

Nuclear Envelope

Double membrane that surrounds the nucleus in eukaryotic cells and is connected to the endoplasmic reticulum; has pores that allow substances to pass between the nucleus and the cytoplasm.

Mitosis

A process of cell division that results in two genetically identical daughter cells developed from a single cell, ensuring that each daughter cell receives an exact copy of the parent cell's DNA.

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