ROLE OF TRAINING & DEVELOPMENT AND ITS IMPACT ON PERFORMNACE OF EMPLOYEES

ROLE OF TRAINING & DEVELOPMENT AND ITS IMPACT ON PERFORMNACE OF EMPLOYEES

Pammi Kumari, MBA Student, Galgotias University

Amrita Jain (Assistant Professor) School of Business, Galgotias University

                                                                    ABSTRACT

The primary idea of this thesis was that training and development are concerned with increasing the knowledge and accomplishments of employees for doing specific jobs and to examine the impacts of training and development on the employee’s performance.

The training of employees is very important in an organization. Because of training we can increase productivity, improve quality, improve organizational commitment and help the company to meet its future goals.

In a competitive world nothing can be figured out. In our everyday life new technologies and innovations are becoming the part of organizational activities. In other words, organizations need a strategic plan to retain and sustain the market position because they know if you lose your business, you never get it back until, you don’t see the main factors losing in your market position. This made the organizations static in their business process and keep on implementing the changes. So that they will be competitive in the market. But then comes that question how to compete in the market? What are the most important tools for an employer or any organization to rule over the market? Yes, these are your employees who can help you to achieve organizational goals. Here comes the importance of the training and development in an organization. The HR people need to be active and look out for the various strategic plans, which can improve the organizational health.