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TAINING AND DEVELOPMENT

Training and development is a vital function of HRM that deals with maintaining and improving efficiency and effectiveness of the human resource at work in the organization .it is the HRM function that formally and systematically provides new  learning to increase employees’ competencies and capabilities so as to increase their current job performance and future job performance ,well-structured and targeted training and development programs will add value to the organization’s competitiveness and help to achieve its strategic objectives.

 The bank treats the training and development policy as key document around which the total training and development process revolve. It will describe the identification, design, delivery and management of the training and development processes of the bank.



Internationally different companies provides training and development program to their employees for the improvement of their skills and abilities. In the start of 90s Sears Credit initiated a key rearrangement and retorted with a career-development programs. This program was developed for employee in order to line up their skills with changing jobs and also ensured that program was adding value for the growth of their organization. Companies also think that they were not allocating career opportunities to their employees with acquaintances and abilities to get benefit from these opportunities (Jehanzeb, No.2, 2013)



 








DESIRE OBJECTIVE

·        1. New employees will share a common vision and understand their role as a banker

·         Training and development programme  will aim at narrowing the gap between the current performance and the expected performance of the employees

·         Employees will acquire and enhance talents and competencies to be ready t0 undertake roles/functions at the next levels

·         Employee at all levels will have the necessary knowledge and skills to effectively carryout their work functions.

·         Effective and focused training and development programs will, for certain, have a positive impact on individual performance

·         Training and development will minimize/eliminate stakeholder complaints, and enhance the image of the organization.

·         Training and development will assist employees in their growth and career development



The ultimate aim of any training program is to add value and once a training program cannot add value, it should be reworked or altogether cancelled. Without training, it will be very difficult to acquire skills and without skills organizations will not achieve its objectives through people. Some organizations see training as an expensive venture and may put embargo on training and utilize the money for other projects in the organization. Organizations must encourage learning organizations through its serious approach to training and development. (Obisi1, December-2011 )











ReferencesReferences



Jehanzeb, K. (No.2, 2013). Training and Development Program and its Benefits to Employee and organization. European Journal of Business and Management .

Obisi1, C. ( December-2011 ). Employee Training and Development . Australian Journal of Business and Management Research.





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