Importance of Training & Development MEANING OF TRAINING –  A framework for helping employees to develop their personal and organizational skills, knowledge, and abilities.  The focus of all aspects of Human Resource Development  A learning process that involves the acquisition of knowledge, sharpening of skills, concepts, rules, or changing of attitudes and behavior to enhance the performance of employees. Training is what ? Its an activity leading to skilled behavior. It’s not what you want in life, but it’s knowing how to reach it It’s not where you want to go, but it’s knowing how to get there It’s not how high you want to rise, but it’s knowing how to take off

REASONS FOR EMPLOYEE TRAINING AND DEVELOPMENT :  When needs arise as a result of findings from the outcome of performance appraisal.  As part of professional development plan.  As part of succession planning to help an employee be eligible for a planned change in role in the organization.  To imbibe and inculcate a new technology in the system.  Changes in the attitudes of the employees  Employee effectiveness in handling various techniques.

ROLE OF TRANING & DEVELOPMENT Training and development  Implements us to understand New Business Environment and how we need to adapt to it.  It shows where and how we need to change in order to give the best performance.  It helps to know and understand new learning methods i.e. Modern techniques & ideas and where, when & how we need to implement it  It endures business excellence i.e. results orientation, customer focus, leadership and constancy of purpose, management by processes and facts, people development and involvement, continuous learning, innovation and improvement

Types of Training On the Job Training   Induction   Orientation training   Job instruction training   Job relation   Coaching   Junior board Off the Job Training  Vestibule training  Lecture  Special Study  Films  Television  Case study  Role play  Business games  Simulation

BENEFITS OF EMPLOYEE TRAINING AND DEVELOPMENT  Increased job satisfaction and morale among employees.  Better inter personal relationship and customer satisfaction.  Increased employee motivation.  Increased efficiencies in processes, resulting in improved financial gain.  Increased capacity to adopt new technologies and methods.  Increased innovation in strategies and products.  Better Risk management and staff safety consciousness.  Increase in productivity.

EMPLOYEE EXCELLENCE – TRAINING & DEVELOPMENT  Optimum Utilization of Resources  Development of skills of employees  Organization Climate  Image  Healthy work-environment  Health and Safety  Morale  Profitability  Productivity  Team Spirit  Organization Culture  Quality

CONCLUSION  Aids in organizational development.  Helps in understanding and carrying out organizational policies in a more enhanced manner.  Develops leadership skills, motivation, loyalty, better attitudes among the employees.