TRAINING INITIATIVES AT PUNJAB NATIONAL BANK Submitted To: Dr. Debashish Sen Gupta Area Chairperson Human Resource Alliance Business School Submitted By: Aakanksha Agnihotri Registration No: 08PG143 Punjab National Bank Profile Since its humble beginning in 1895 with the distinction of being the first Indian bank to have been started with Indian capital‚ PNB has achieved significant growth in business which at the end of March 2009 amounted to Rs 3‚64‚463 crore. Today‚ with assets of more than Rs
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NATURE OF TRAINING AND DEVELOPMENT In simple terms‚ training and development refers to the imparting of specific skills‚ abilitiesand knowledge to an employee. A formal definition of training & development is… it is anyattempt to improve current or future employee performance by increasing an employee’sability to perform through learning‚ usually by changing the employee’s attitude or increasinghis or her skills and knowledge. The need for training & development is determined by theemployee’s
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DETERMINING TRAINING AND DEVELOPMENT AS AN EFFECTIVE TOOL FOR THE EFFICIENCY OF THE EMPLOYEES ON THE BANKING INDUSTRY A Thesis Presented to _____________ In Partial Fulfillment Of the requirements in ____________ By: Christine Corpuz October 15‚ 2014 CHAPTER I THE PROBLEM AND ITS BACKGROUND Introduction HSBC (Hong Kong and Shanghai Banking Corporation) was founded in 1865 to finance trade between Asia and the West‚ today HSBC is the world’s second
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The Future of Training and Development Future Trends that will Affect Training • Greater use of new technologies for training delivery • Increased demand for training for virtual work arrangements • Increased emphasis on speed in design‚ focus in content‚ and use of multiple delivery methods • Increased emphasis on capturing and sharing intellectual capital • Increased use of true performance support • Increased emphasis on performance analysis and learning for business enhancement • Increased
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Training can be introduced simply as a process of assisting a person for enhancing his efficiency and effectiveness to a particular work area by getting more knowledge and practices. Also training is important to establish specific skills‚ abilities and knowledge to an employee. For an organization‚ training and development are important as well as organizational growth‚ because the organizational growth and profit are also dependent on the training. But the training is not a core of organizational
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given jobs. Training and Development: The training and development function gives employees the skills and knowledge to perform their jobs effectively. In addition to providing training for new or inexperienced employees‚ organisations often provide training programmes for experienced employees whose jobs are undergoing change. Large organisations often have development programmes which prepare employees for higher level responsibilities within the organisation. Training and development programmes
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HISTORY OF TRAINING AND ITS DEVELOPMENT It has been a way of life that‚ the trades of adults have been taught to children to prepare them to face the real world. During the course of time people have changed‚ become more intricate and along with them‚ the skills applied and the tools used to do the work have also transformed. In a situation to manage these changes in the production‚ and substance of operation‚ job training also evolved In olden times‚ the kind of work that people did was mainly
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Training and Development: The Evolution Abstract Modern training and development has evolved from a pre-historic need to pass along knowledge‚ into a high tech and fast paced world of information and technology. From the days of our Neolithic ancestors teaching their children to fashion primitive weapons‚ to physicians practicing surgery in simulated environments‚ training has satisfied an imperative obligation to pass along information to the next generation for the greater good of the species
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TRAINING International training and development International training process is one of the most important parts of overall successful company’s and employees’ implementation into new area. The process usually consist certain and specific stages which help to achieve the best result in adopting and transferring knowledge and competence among different units of the company. Figure 1 represents the stages of preparation for international assignments and directly shows the connection between recruitment/selection
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Research‚ Vol.42‚ November‚ pp.460-69. Oliver‚ R.L. (1989)‚ “ Processing of the satisfaction response in consumption; a suggested framework and research propositions”‚ Journal of Consumer satisfaction‚ Dissatisfaction‚ and complaining Behavior‚ Vol.2‚ pp.1-16. Reichheld‚ F.F. and Sasser‚ W.E. Jr (1990)‚ “Zero defections: quality comes to services”‚ Harvard Business Review‚ September-October‚ pp. 105-11. Rousseau‚ D.M. and McLean Parks‚ J. (1992)‚ “The contracts of individuals and organizations”‚
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