Training and Development

Understanding Training and Development

  • Training and Development refers to educational activities within a company designed to enhance the knowledge and skills of employees.

  • It not only improves the competency of employees but prepares them for future responsibilities and roles.

Objective of Training and Development

  • Primarily focused on improving employee’s ability to carry out their current job role.

  • Training and development can help reduce errors and mistakes made by employees.

  • It plays a pivotal role in preparing employees for higher roles and responsibilities.

  • It serves a tool for motivating and retaining valuable employees within an organisation.

Different Types of Training

  • On-the-job Training: Involves employee learning in a real work environment. Often employee learns while doing the main job under the supervision of a senior colleague.

  • Off-the-job Training: Training takes place away from the primary place of work. Examples include conferences, workshops, seminars and short-term courses.

  • Induction Training: Provided to new employees, familiarising them with company policies, procedures and culture.

Process of Training and Development

  • Identifying Training needs: By assessing the current skill sets of employees, management can recognise where training is required.

  • Designing Training Programme: This step involves developing a programme that will cater to identified training needs.

  • Executing Training: Carrying out the designed programme through various training methods, be it on-the-job or off-the-job methods.

  • Evaluating Training Effectiveness: Post-training, feedback is taken from the employees to assess the effectiveness of the training provided.

Importance of Training and Development in Business

  • Increased Efficiency: Well trained employees often equals to increased efficiency in processes, leading to financial gain for the business.

  • Reduced Employee Turnover: Employees are less likely to leave the company if they feel valued and properly trained.

  • Maintaining Competitiveness: Regular training ensures that the company keeps pace with the ever-changing business environment.

  • Enhancing Company Reputation: Employing a highly trained and competent workforce improves a company’s reputation.