Benefits and the
significance of Training and Development.
The main purpose of
Training and development is to achieve long term and short term goals in which
you can build up a happy workforce throughout the generations of an
organization Cole,
G.A., (2002). Most successful company’s in the
world mainly concentrates of Training and development of their own staff which
in return will have motivational, confident, competent, knowledgeable and happy
work force (Khan, Khan and Khan, 2011). The success of the
organization through the continuous development and improving technical aspects
is highly depends on the skills of the employees, which in turn requires
continuous process of training and development (Beardwell, Holden and Claydon,
2004). Better quality of work is a continuous and sustainability growth of
an organization which results in high performance of the organization and
creates more demands in the market (Alipour & Shahnavaz, 2009).
Courtney (2015) conducted a
study and found out that minimum supervision and low retention rate contributes
towards the success of an organization as when retention rate is low, the
organization can considerably reduce its cost. A study conducted by Siddika
(2017), it was observed that trained employees will become more efficient and
productive and handle the resources very carefully. It would help the
organization to develop and enhance the quality of the employees by providing
sufficient training and development. The effective training provides, employees
to adapt quickly in to new ways and technologies or to new situations (Kumar
and Siddika, 2017). The effective training sessions to employees
indirectly benefits the head of departments as when the employees are happy and
motivated they work towards the targets and goal of the organization
which benefits the head of departments to achieve their overall department
targets on time (Bashir &Jehanzeb, 2016).
Conclusion
Each function of the bank plays
a vital role in maintaining the effectiveness and efficiency. It is a true fact
that the bank has to invest heavily in the technological innovations and high
tech processes in order to compete in the market. But also it is important for
banks to keep the employees motivated and updated in order to achieve the
intended goals.
In conclusion, in
any organization to thrive training and development is very significant
(Nischithaa & Narasimha Rao, 2014). Through Training and development new
information is gathered every day which in turn will help the organization to
adopt for specific change which occurs in the environment
(Jelena,2007).Worker performances and accomplishes are always directly proportional
to successful Training and development (Hlatywayo & Mpofu, 2015). For a
sustainability Training and development programme to be adopted in an
organization the certain factors should be taken into account such as Cost,
Nature of Training, Strategies to be adopted, Should have a positive impact on
worker performance to increase efficiency and effectiveness (Long et al. 2016).
List of references
Alipour, M.,&
Shahnavaz,A.(2009). A Study of on the Job Training Effectiveness : Empirical
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K. (2016). Training and Development Program and Its Benefits to Employee and
Organization : An Conceptual Study Training and Development Program and its
Benefits to Employee and Organization : A Conceptual Study, (April).
Beardwell, I.,
Holden, L. and Claydon, T. (2004). Human Resource Management a
Contemporary Approach. 4th ed. Harlow, Prentice Hall.
Cole, G.A., (2002). Personnel
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Courtney, F. (2015). 6 Big
Benefits Of Leadership Training - eLearning Industry.
Hlatywayo, C.K.,
and Mpofu, M. (2015). Training and Development as a Tool for Improving Basic
Service Delivery; The Case of a Selected Municipality. Journal of
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Jelena, V. (2007).
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Organization, Vol. 4, No 2, pp. 209 -216.
Khan, R., Khan, F.
and Khan, M. (2011). Impact of Training and Development on Organizational
Performance. Global Journal of Management and Business Research, 11(7),
pp.79-84
Kumar, D. and
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