TRAINING AND DEVELOPMENT Introduction Every organization needs to have well trained and experienced people to perform the activities that have to be done. Training is a process of learning a sequence of programmed behaviour. It is application of knowledge. It gives people an awareness of the rules and procedures to guide their behaviour. It attempts to improve their performance on their current job and prepare them for an intended job. Development is a related process. It covers not only
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CHAPTER ONE INTRODUCTION TO THE STUDY 1.1 Introduction This chapter examined the background of the study‚ the statement of the problem‚ objectives of the study‚ research questions and the significance of the study. 1.2 Background of the study According to Coulter (2005)‚ he claims recruitment is defined as the process of locating‚ identifying and attracting capable applicants for available positions. In Kenya‚ recruitment of expatriates locally posses a major problem in most companies thus forcing
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discrimination between the banks no longer exist‚ the services of almost equivalent. The bank do more advanced technology will certainly capture the advantage. Most of the banks are using computers to automate the processing stage to optimize performance and limit manually. Banking industry is becoming more competitive. Customers today have more opportunities to reach more information. They have more options in choosing the bank for the transaction. This will cause more difficult for banks to attract and
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Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol 2‚ No.4‚ 2012 www.iiste.org Employee’s Training and Development for Optimum Productivity: The Role of Industrial Training Fund (ITF)‚ Nigeria Aroge‚ Stephen Talabi Ph.D. Department of Arts Education‚ Faculty of Education‚ Adekunle Ajasin University‚ Akungba-Akoko‚ Ondo State‚ Nigeria draroge@yahoo.com Abstract The purpose of this study is to determine the contributions of Industrial Training Fund (ITF) to employee’s training and development
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Introduction Manac plc‚ is a big company which produces and sells a range of standard electrical goods. It is a multinational company whose production and sales take place across a number of countries. Current the company is using the standard costing and absorption costing as part of its approach to strategic management accounting. But now it is worried about that the company is not meeting its budgeted target profits. The reason for the lower than expected profits may be very complex and the
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INTRODUCTION Employee training tries to improve skills as add to the existing level of knowledge so that the employee is better equipped to do his present job or to prepare him far a higher position with increased responsibilities. However individual growths are not and end in it. Organization growth needs to be meshed with the individuals growth the concern is for the organizations viability that it should adept itself to a changing environment. Employee growth and development has to be seen in the
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a) The named organization that is being discussed in this case study is FirstGroup PLC which is a transport company based in the UK. It generates revenues of approximately 5 billion pounds every year and employs staff of over 137‚000 over the UK and North America. The estimated amount of passengers that this company transports is about 2.5 billion per annum. That was a brief overview of the organization that is being dealt in the case study. Moving onto PESTEL which is the brief analysis of any organization’s
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2013 DEBENHAMS PLC INTERIM MANAGEMENT STATEMENT Debenhams plc‚ the leading international‚ multi-channel brand‚ today announces its interim management statement covering the 18 weeks to 5 January 2013. Highlights • • • Good sales momentum: 18 weeks LFL sales up 2.9% Highest ever December sales: five weeks to 5 January LFL sales up 5.0% Online sales ahead of expectations: 18 weeks up 39.0% Michael Sharp‚ Chief Executive of Debenhams‚ said: “I am pleased with our performance in the first
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the objectives of bank performance analysis? • evaluate progress towards meeting the goals and objectives set out by management‚ and • compare a bank’s performance relative to other banks • highlight strengths and weaknesses • for management to take appropriate remedial action 2. What are the main external forces that have an impact on a bank’s performance? • Deregulation – unleashed competition on both sides of the balance sheet. • Innovation and Globalisation – expanded banks’ balance sheets in
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INTRODUCTION: Training refers to importing of specific skills‚ abilities and knowledge to an employee or it is any attempt to improve present or future‚ employee performance by increasing an employee ability to perform‚ through learning‚ usually by changing the attitude or increasing his/her skills and knowledge. Training is needed not only for technicians who work in the shop floor but also for supervisors‚ managers and executives. After training‚ candidates will be placed on the jobs to perform
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