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HRM and Organizational Leadership

Explain the two approaches of “make or buy” in regards to developing required competencies, in
context of human resource development and organizational change management.

Option Steps Advantages Disadvantages

Make Training Altered Takes advantage of May be slow

Incentives existing knowledge/ Not all current emp.

skill base willing or able

Buy Recruitment Can quickly add May undercut

Selection required morale/commitment

knowledge/skills of existing employees

403 words

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