It therefore follows, that employee training and development are at the heart of employee utilization, productivity, commitment, motivation and growth. To achieve this basic objective of growth and profitability, it means that management as well as … 1. The specific objectives include the following: 1. These processes are part of the entire human resource management approach which results in employees being motivated to perform. Uploader Agreement. The major problem of the bank is how to retain and remain in the leadership position in the years of its existence, hence the need for training policy that will bring improve quality services. They might recommend changes to business processes, different forms of organization or improvements in collaboration within the organization. … One would add that training is a set of activities, whereby, practitioners, managers or would be managers are assisted in improving their individual competence and performance as well as the organization’s environment with the ultimate goal of raising the standard of organizational performance. Alvaro Dias. Ask us anything! Terms of Service 7. All trained employees follow same methods and techniques of production and hence there can be little variation in output and standards produced by different employees. Training … Training also results in low rate of labour turnover which means high consistency in organisations in retaining people for long period of time. 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Training and development provides the environment for workshops, seminars, mentoring, coaching and all other learning opportunities to employees in an organization. Copyright 10. Human … Training and development play an effective role in the productivity of any organization, all organizations need to train and develop their staff… As such, most employees need extensive training to ensure the necessary SKAC to bring out substantive contribution towards the company’s growth. As a source for ideas for your own research work (if properly referenced). (adsbygoogle=window.adsbygoogle||[]).push({}); Disclaimer: Employees develop a feeling that organisation is taking care and interest in them through training programmes. 3. It is an indispensable part of management function in terms of operational efficiency and effectiveness. Training brings about increase in quantity and quality of goods produced resulting in high productivity. For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase) Training, in fact, is the cornerstone of effective management because it makes employees more efficient and productive. A recent study showed that only 40% of … Training is paramount to the success of any modern organization, for organization to compete effectively it must train its manpower to meet with the requirements for sustainability. Disclaimer 8. Training provides opportunities for the employees to learn an acquire skills to work in several departments in an organisation. Ultimately, the role of the Training Coordinator is to oversee all professional development at our company. Training employee is important to help the new hires get acquainted with … In a developing country like Cameroon, with its rich natural resources and financial support, one can also experience such economic success if the appropriate attention is given to the development and training of her human resources. The primary function of training and development is to prepare employees with the tools and skills needed to do productive and high-quality work that will allow the company to serve its customers … To determine the practice of employee training in First Bank PLC. Untrained people are bound to commit errors while handling machinery and equipment resulting in incidents at workplace. This is because the performance of an organization is a function of the collective performance of employees. For workers to be equipped to perform well, there must be an investment in the training processes. Map out annual training plans for management, HR, customer support and more; Design and develop training … For employees to be flexible and effective in their job, they need to acquire and develop knowledge and skill, and for them to believe that they are valued by the organization they work for, then they need to see valuable signs of management commitments to their training needs. A trained employee knows what job he has to do and how to do that job and requires no guidance and supervision. The general objective of this study is to examine the role of training on organization performance in First Bank PLC, a case study of Ifo LGA of Ogun state. Increasing organisational stability and flexibility: Training provides opportunities for the employees … Of recent, banking sector faces barrages of problems ranging from electronic fraud, ineffective performance leading to their merger and acquisition, which in-turn led to some employees’ retrenchment. As a result, it is very necessary for every organization to train its employees in order to meet overall goals of the organization. Heightened morale results in increased loyalty to the organisation. Since a company is the sum total of what employees … 4. Training eliminates (reduces) the possibility of incident due to mishandling of equipment, machinery, and other resources of the organisation. However, organization that do not train or embark on inadequate training encounter certain problems, these include low performance, poor coordination, increase labor turnover, inadequate manpower low capital base, loss of market share, and the inability to cope favorably with the technological and informational demands of the business environment. We are here to answer your questions. The role of a trainer is quite well established. Human Resource Management has played a significant role in the economic development of most developed countries like Britain America and Japan. Training of employee has become a major pre-occupation in modern organizational objective of growth. It is very difficult for an employee to perform well at the workplace without any pre-training (Garavan, 1997). Training and development are a continuous effort designed to improve employees’ competence and organize performance as a goal to improve on the employees’ capacity and performance. Training can play a huge role when organizations strategize on creating development opportunities for their employees. An untrained worker consumes a lot of time to learn the methods, technique of doing the work. Flexibility is ensured because employees may be placed in several departments over a period of time as they acquire multiplicity of skills through adequate training. Training allows employees to acquire new skills, sharpen existing ones, perform better, increase productivity and be better leaders. This alone implies that the success of an organization depends on who works to achieve the organization’s objective, that is, the presence of qualified manpower. 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