TRAINING DEFINED It is a learning process that involves the acquisition of knowledge‚ sharpening of skills‚ concepts‚ rules‚ or changing of attitudes and behaviors to enhance the performance of employees. In simple terms‚ training and development refers to the imparting of specific skills‚ abilities and knowledge to an employee. A formal definition of training & development is… it is any attempt to improve current or future employee performance by increasing an employee’s ability to perform
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important but the most significant factor is the human factor. Since it is the people that will put the other resources to work‚ it should be viewed as such by giving it due attention in order to achieve its organizational goals and objectives. The development of any nation depends to a very large extent on the caliber‚ organization and motivation of its human resources. In the specific case of Nigeria where diversity exerts tremendous influence on politics and administration‚ the capacity to increase
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Rubber Industry Introduction Natural Rubber is produced from plants of rubber (Hiveabrasilesis) as distinct from synthetic rubber manufactured from chemical polymerisation of various monomers. Currently rubber plantation in many tropical regions has become important part of the national economy. Rubber plants generally have 32 years of economic life and may live upto 100 years or more than that Natural rubber is one of the most important agro-based industrial raw materials in the world. An important
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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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the effectiveness of training and development programmes conducted. Because in the present scenario‚ up gradation of skills and knowledge of the employees is of much importance to keep the employee updated with the present changes. At the same time‚ cost associated with training and development is also very high. So‚ this research entitled as Employee training and development on IFB industries Limited‚ Verna goa is done to analyze the effectiveness of training and development programmes in the company
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nothing training cannot do. Nothing is above its reach. It can turn bad morals to good; it can destroy bad principles and recreate good ones; it can lift men to angelship” (Mark Twain). The bottom line for any company is how efficient the workforce is at producing a quality product. Each and every company‚ which desires to stay ahead of its competition‚ will engage in training and team building efforts for their employees. Goodrich AIP is in the process of developing a superior training program that
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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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duty on tyres from 14% to 10% in December 2008‚ and further to 8% in February 2009. Increasing Cost of Raw Materials: Ram materials primarily comprise of natural rubber‚ crude and steel based materials which have historically experienced volatility in prices‚ especially during the last few months when price of domestic natural rubber increased almost 40%. Given the fact that raw materials constitute around 70% of the cost of production‚ combined with the manufacturers’ inability to pass on the increased
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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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