Tuesday, July 21, 2020

Training in Aviva Life Insurance Management Sample

Training in Aviva Life Insurance Management Sample In the era of globalisation and industrialisation, the role of competent and efficient workforce is crucial for the success of any organisation, business, industry or society. In line with the recognised value of human resources, organisations worldwide demonstrated commitment to transforming their employees into high-performing professionals. In this vein, scholarship in organisational management emphasises the importance of setting up a learning-oriented culture and a climate of mutual support, respect and trust (Reed and Signorelli, 2011). As such, human resources managers are expected to embed the values of workplace learning and knowledge sharing among employees to facilitate their acquisition of new skills and abilities while accumulating expertise. Another important aspect of the present-day human resources management concerns sufficient staff preparation, education and training through various initiatives and programmes designated to facilitate and streamline employee profess ional development (Harrison, 2005). Aviva PLC is the leading insurance provider in the UK and one of the largest insurance companies in the world. Aviva group provides services in life insurance, financial savings, fund management, home, fire and auto insurance securities, properties, loan and mortgages. Aviva PLC operates in alignment with investment sales and gross premium incomes generated through successful activities across the globe (Plunkett, 2008). This one of the world’s largest insurance providers employs extensive staff to perform services and operations for the group of Aviva companies in the UK and abroad. The company’s UK workforce accounts for 21,000 members responsible for the productive and successful operation of insurance businesses. In this respect, Aviva life insurance recognises the need for developing and utilising an efficient human resources strategy to cover all people-related aspects. Precisely, Aviva human resources management encompasses staff inspiration and leadership, professional de velopment, recruitment, reward and incentives and talent retention (Aviva, 2017). Competent and sufficient workforce is in the core value of Aviva life insurance, which is reflected in various training solutions and reward systems practiced in order to increase employee motivation and operational productivity. Given credit to the existing empirical evidence of benefits associated with employee training and strategic management, Aviva invests in creating diversified educational and learning opportunities for its workforce as well as building effective human resources management capable to motivate, organise, govern and develop Aviva staff. Recently, Aviva has declared an appointment of a new director of UK human resources assigned to maintain and increase employee motivation and performance through various learning solutions and incentives (Aviva, 2017). Through this act, Aviva indicated its recognition of the need for strategic development and management of human resources as the primary means of facilitating business profitability and growth. Aviva’s commitment to innovation and technology is a well-known fact, which signifies the dependence of its organisational performance on individual employee’s skills and knowledge that require a regular update and upgrade. In this respect, Aviva life insurance assigns a considerable budget for human resource management to enable creation of various learning and development opportunities for the staff. Rewards play a vital role in Aviva’s strategic management of human resources to ensure high level of employee motivation to acquire new knowledge and skills for both personal benefit and organisational goals (Dewan, 2014). Complex systems of rewards and incentives serve to invoke a sense of self-value and confidence in one’s contribution to business development along with professional growth. References Aviva, 2017. UK: Aviva appoints UK human resources director. [Online] Available at: [Accessed 5 May 2017]. Dewan, A., 2014. Case study: Aviva. Human Resources, 28 July, [online] Available at: [Accessed 5 May 2017]. Harrison, R., 2005. Learning and development. London: CIPD Publishing. Plunkett, J. W., 2008. Plunkett’s investment and securities industry almanac 2008: The only comprehensive guide to the investment and securities industry. Houston, TX: Plunkett Research. Reed, L. and Signorelli, P., 2011. Workplace learning and leadership: A handbook for library and non-profit trainers. Chicago, IL: American Library Association.