What is a Training And Development Plan?
A Training and Development Plan is used to identify and address the training needs of a company. It outlines the plan of action to help employees reach their full potential and become more productive. The plan will typically include goals and objectives, training resources, timelines, and methods for measuring progress.
What's included in this Training And Development Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Training And Development Plan template for?
This Training and Development Plan template is for HR leaders, managers, and teams of all sizes and industries. It provides a structured strategy for creating and implementing a plan to develop and train employees, thus improving overall employee performance.
1. Define clear examples of your focus areas
A focus area is a broad topic that outlines the main goals, objectives, and strategies of the Training and Development Plan. Examples of focus areas for a plan may include Professional Development, Engagement, and Teamwork. Each focus area should be broken down into specific objectives and measurable targets.
2. Think about the objectives that could fall under that focus area
An objective is a more specific, measurable goal that falls under a focus area. Objectives should be actionable and achievable. Examples of some objectives for the focus area of Professional Development could be: Increase Employee Retention, and Improve Employee Knowledge.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that are set to track progress. For example, under the objective to increase employee retention, a KPI could be to increase the retention rate from 25% to 40%. The KPI should include the initial and target value, as well as the unit of measure.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the steps taken to achieve a KPI. For example, under the objective to increase employee retention, the project could be to implement a mentorship program. Projects should be specific, actionable, and relevant to the KPI.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform helps teams to better organize and track their Training and Development Plan. It allows users to set goals, monitor progress, and measure the success of their plan. Teams can easily access data, track progress, and make adjustments quickly and efficiently, resulting in faster impact from their plan.