Organizations are turning to employee development and performance management initiatives to achieve financial and operational goals. This alignment is achieved through Human Capital Development and Management (HCDM), a business strategy that improves organizational performance by aligning people processes with an organization's strategic and operational goals. Key components of HCDM are the processes of learning management and performance management. These processes contribute greatly to deliver efficiencies, productivity savings, and improvements in visibility and focus. This visibility across the organization drives a motivated workforce and employee job satisfaction, reducing turnover and enabling more focused contributions toward the organization's goals.
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