Problem: 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
400 to 500 words.