Training & Development
Training & Development
TRAINING OF EMPLOYEES
Development
Importance of training
1. Skill Enhancement: It helps employees acquire new skills and refine
existing ones, making them more proficient in their roles.
2. Improved Performance: Proper training can lead to increased
productivity and efficiency, as employees become better equipped to
handle their tasks effectively.
3. Employee Satisfaction: Investing in training demonstrates that the
organization values its employees’ growth and development, leading to
higher levels of job satisfaction and engagement.
4. Retention: Employees are more likely to stay with an organization
that invests in their professional development, reducing turnover rates
and associated costs.
5. Adaptability: In today’s rapidly changing business environment,
training ensures that employees can adapt to new technologies,
processes, and market trends, keeping the organization competitive.
6. Promotion of Innovation: Training encourages a culture of learning
and experimentation, fostering innovation and creative problem-
solving within the workforce.
7. Risk Mitigation: Properly trained employees are less likely to make
costly errors or engage in unethical behavior, reducing legal and
financial risks for the organization.
8. Succession Planning: Training programs can identify and develop
future leaders within the organization, ensuring a smooth transition in
key roles and reducing the impact of talent gaps.
Objectives of Training
(i) To impart to new entrants the basic knowledge and skill they need
for an intelligent performance Of definite tasks;
(ii) To assist employees to function more effectively in their present
positions by exposing them To the latest concepts, information and
techniques and developing the skills, they will need in their
Particular fields
(iii) To build up a second line of competent officers and prepare them to
occupy more responsible Positions;
(iv) To broaden the minds of senior managers by providing them with
opportunities for an interchange of experiences within and outside
with a view to correcting the narrowness of the outlook that May
arise from over specialization;
(v) To impart customer education for the purpose of meeting the
training needs of Corporations Which deal mainly with the public. In
a nutshell, the objectives of training are ―to Bridge the gap
Between existing performance ability and desired performance.
Methods of training
1. On-the-Job Training (OJT):
2. Off-the-Job Training:
5. Technology-Based Training:
6. Self-Directed Learning:
Development
Importance of Development
Development is crucial in organizations for several reasons: