Significance of training and development - Manu Melwin Joy

Training is crucial for organizational development and success. An employee will become more efficient and productive if he is trained well. Training and development are very vital in any firm that aims at progressing. Training simply refers to the process of acquiring the essential skills required for a certain job.

1. Significance of Training and Development Training and Development

2. Prepared By Manu Melwin Joy Assistant Professor SCMS School of Technology and Management Kerala, India. Phone – 9744551114 Mail – [email protected] Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations.

3. Significance of Training and Development Training is crucial for organizational development and success. An employee will become more efficient and productive if he is trained well. Training and development are very vital in any firm that aims at progressing.

4. Significance of Training and Development Training simply refers to the process of acquiring the essential skills required for a certain job. This process is important because of multiple reasons:

5. Significance of Training and Development Addressing Employee Weaknesses : Most employees have certain weaknesses in their workplace, which stop them from utilizing their full potential. Training helps in eliminating these weaknesses, by strengthening workers skills.

6. Significance of Training and Development Addressing Employee Weaknesses : A structured training and development program helps employees gain similar skills and knowledge, thus bringing them all to a higher uniform level. This simply means that the whole labourforce is reliable, so the firm doesn’t have to rely only on specific employees.

7. Significance of Training and Development Enhanced Employee Performance : A well trained individual becomes more informed about procedures for various tasks. The employee becomes more confident by training and development.

8. Significance of Training and Development Enhanced Employee Performance : This confidence comes from the fact that he is fully aware of his roles and responsibilities. It helps him in carrying out the duties in better way and even find new ideas to incorporate in the daily execution of duty.

9. Significance of Training and Development Consistent Performance : An efficient training and development program gives the employees all the relevant knowledge and experience needed to excel at the job.

10. Significance of Training and Development Consistent Performance : Consistency is very vital when it comes to an firm’s procedures and policies. This mostly includes administrative procedures and ethics during execution of duty.

11. Significance of Training and Development Employee Satisfaction : Training and development ensures employee satisfaction and they tend to be happy with the role they play in the company or organization. This is driven by the great ability they gain to execute their duties.

12. Significance of Training and Development Employee Satisfaction : They feel they belong to the firm that they work for and the only way to reward it is giving the best services they can.

13. Significance of Training and Development Better Productivity : Through training and development, the worker obtains all the knowledge and skills needed in their day to day work.

14. Significance of Training and Development Better Productivity : They can perform at a faster rate and with efficiency thus increasing overall productivity of the company. They also gain new tactics of overcoming challenges when they face them.

15. Significance of Training and Development Improved Quality of Services and Products : People gain standard methods to use in their tasks. They are also able to maintain uniformity in the output they give. This results with a firm that gives satisfying services or goods.

16. Significance of Training and Development Cost Reduction : Training and development results with optimal utilization of resources in a firm. There is no wastage of resources, which may cause extra expenses.

17. Significance of Training and Development Cost Reduction : Accidents are also reduced during working. All the machines and resources are used economically, reducing expenditure.

18. Significance of Training and Development Less Supervision : When employees gain the necessary skills and knowledge, they will become more confident. They will become self reliant and require only little guidance as they perform their tasks.

19. Significance of Training and Development Less Supervision : The supervisor can depend on the worker’s decision to give quality output. This relieves supervisors the burden of constantly having to give directives on what should be done.