The topic chosen for this research is on human resource management and specifically on one of its function which is the training and development, focusing on managing satisfaction among the people to achieve the company objectives in return. The working title of this study is initially drafted as – Investigating the Impact of Training and Development on Employee Performance and Productivity in Entrepot. This study is organization-based and inputs will be collected from the staff of Entrepot Marketing Private Limited.
Rationale for Selection of Topic
Entrepot Marketing Private Limited, a local Small and Medium Enterprise (SME) dealing in industrial tools and lifting equipment was established in 1984.The company has since grown from 5 workers in 1984 to the current strength of 32 workers. Over the years, the company has managed to retain a group of long serving staff in core positions who has contributed to its continuous growth. The process of succession planning took place about 10 years ago where employees with potential were identified and being developed into second generation leaders. Looking forward, with the company eyeing listing within the next five years, there is a need to increase the manpower and also to retain quality employees. In the past three to five years, however, there has been a trend in staff turnover where staff leaves the company with less than two years in service. Reasons for the continuing turnover are not known hence there is a need to investigate such as well as how the company can sustain its workforce in the future.
Performance refers to the accomplishment of something or mere working effectiveness. In an organization, to which Entrepot is not an exemption, performance is realized at the levels of organization, process and individuals and the interrelationships among these will define the vantage