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Genting's Training & Development

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Genting's Training & Development
1. INTRODUCTION
Training and development is the heart of a continuous effort to improve employee competency and organizational performance. Training provides learners with knowledge and skills needed for their present job. Showing a worker how to operate a machine or a supervisor how to schedule daily productions are examples of training. Whereas development involves learning that goes beyond today’s job and has a more long term focus. It prepares employees to keep track with the organization as it changes and grows. “Training and development activities have the potential to align a firm’s employees with its corporate strategies”: A Gateway to Organizational Success,” HR Magazine 53 (March 2008):1-9. Some possible strategic benefits of Training & Development include employee satisfaction, dedication to a common goal, higher retention, lower turnover, improved hiring a better bottom line and the fact that satisfied employees produce satisfied customers. Customers are continuously requiring higher quality, lower costs, and faster cycle times. In order to achieve customer’s satisfaction and improve overall performance, firms must keep training employees and keep developing skills and performance. Objective of this research study is to learn how important training and development is in an organization and a company and how effective are the trained employees compared to normal workers. The motive of this research is also to prove that with right development skills a company might be the leading company.

2. CONTENT
Training and Development is one of human resource management functions. Training and Development is plays a vital part of fostering a qualified and highly skilled employee. Of instance, Genting Berhad, so called as the Group, is doing very well with the training and development of the employee. The Genting Group provided a lot of training program for their employee and it did fostered out a lot qualified employees. Training is as importance as the



References: Accounting Glossary. (n.d.). VentureLine. Retrieved June 25, 2012, from http://www.ventureline.com/accounting-glossary/O/onthejob-training-definition/ Casteele, J Garino, G., & Martin, C. (2005). The Impact of Labour Turnover: Theory and Evidence from UKMICRO-DATA. Retrieved from http://www.le.ac.uk/economics/research/RePEc/lec/leecon/dp05-10.pdf Genting Malaysia Berhad (2012, March) Genting Malaysia (2012). Profile. Genting Malaysia. Retrieved June 25, 2012, from http://www.gentingmalaysia.com/profile.htm Lane, R Grossing Up Awards: Why and Why Not. (1998, December). U.S. Office of Personnel Management. Retrieved June 25, 2012, from http://www.opm.gov/perform/articles/dec98-4.asp Mondy, R Walters, J. (2001, April 2). Six Coaching Strategies You Can Apply in the Workplace. INC. Retrieved June 25, 2012, from http://www.inc.com/articles/2001/04/22404.html Wang, J

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