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How does a firm conduct its annual training needs analysis?

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How does a firm conduct its annual training needs analysis?

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The purpose of the annual training needs analysis is to help a firm determine a Firm Element training plan for the year that is timely, relevant and feasible. The method by which firms conduct their needs analysis should be specific to the firm. As a result, such methods will vary across the industry based on firm-specific characteristics such as size and scope of business activities. Three key steps can be identified within a Needs Analysis: Gathering and Correlating Information, Identify Training Topics, and Determining Training Objectives.

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