Training and Development in Organisation

Employees are very important asset of any company. Therefore, investing in their training and development is key to sustaining business growth and success. This commitment makes sense when you consider the lengthy processes businesses carry out to recruit and hire qualified staff. In most cases a well-designed training programme can be linked to improvements in business results and that return on investment in training programmes is very high. (Armstrong,2014,p286).

Training and development makes employees more productive and effective. It is actively and intimately related to all the personnel or managerial activities. It is an integral part of the whole management program with all its many activities functionally inter-related Training and development is also important for any organization that wants to take advantage of changes, techniques and improvements.(Bishoni,Importance of Training and Development).

Dedicated training and development fosters employee engagement, and a more efficient, competitive, and engaged workforce is critical to the company’s financial performance. Furthermore, 93% of employees will stay longer when a company invests in career development.(Ottawa University,2021)

What is the Importance of Training and Development in Organization

Training and development in Human Resource Management (HRM) refers to a system of educating employees within a company. It includes various tools, instructions, and activities designed to improve employee performance. It’s an opportunity for employees to increase their knowledge and upgrade their skills. (workhuman Training,2022).Further development helps companies to gain and retain top talent, increase job satisfaction and morale, improve productivity and earn more profit.(Ottawa University,2021)                  

                     Figure 1: Importance of Training and development – Importance to the Organisation

(Source)

 Training and development benefits for Organisation as given below



    Figure 2: Importance of Training and development for Employees

     

(Source)
 

Training and development benefits for employees as given below:


 

 



Difference between the Training and Development  

  • Training - It is more focused on someone new to a job role and bring them up to speeds (seismic2023)
  •  Development-The organization's plan to help employees develop their abilities, skills, and knowledge (workhuman,2022)

 

Figure 2: Training vs Development

 



 (Source)

Current Challenges which need to be resolved through Training and Development (Gyrus,2022)

  • Improving learning experience
  • Promoting soft skills
  • Developing leadership value
  • Applying the interactive training method
  • Soliciting genuine feedback
  • Employee roadblocks
  • Changes in organization
  • Technical changes
  • Leaners engagement
  • Managing conflict

 

Conclusion 

In conclusion, due to the many challenges facing human resource departments, organizations need to adopt correct and workable policies that will not only alleviate these challenges but also develop mechanisms to deal with them in the future. When a person is selected for a new job, the HR department initially arranges a training program that will help bring him up to the expected speed and an organization plan to help employees develop their abilities, skills, and knowledge. There are around 80,000 companies in the private sector in Sri Lanka, and all HR departments of these companies have to face a lot of challenges to provide the required training and development as most of the companies have cut down their training and development budgets in order to reduce their cost factors to rebuild their companies, which are highly affected by the COVID pandemic situation and the current crisis situation. On the other hand, HR departments have to increase their workload for trainings as most of the experienced staff turnover is very high with the current crisis situation, and HR departments have to work hard for recruitment, training, and staff development to get the maximum productivity from the newly recruited staff to drive the organization toward the expected goals with better profits.

 

 

REFERENCES

 

Armstrong.M (2014) Armstrong’s Handbook of Human Resource Management Practice(13th edition) [Online] Available at  https://www.google.com/search?q=e-book+of+ARMSTRONG%E2%80%99S+HANDBOOK+OF+HUMAN+RESOURCE+MANAGEMENT+PRACTICE.  Accessed on 07th April 2023

Bishoni.P (n.d).Importance of Training and Development, [Online] Available at https://www.economicsdiscussion.net/human-resource-management/employee-training/importance-of-training-and-development/31637.[Accessed on 07th April 2023]

Gyrus (2022), 10 Challenges You Can Solve With Training And Development, [Online] Available at https://www.gyrus.com/10-challenges-you-can-solve-with-training-and-development. [Accessed on 07th April 2023]

Ottawa University(2021).Why is Training and Development Important, [Online] Available at https://www.ottawa.edu/online-and-evening/blog/january-2021/5-benefits-of-training-and-development#:~:text=Dedicated%20training%20and%20development%20fosters,company%20invests%20in%20career%20development. [Accessed on 07th April 2023]

Seismic(n.d),The difference between training and development, [Online] Available at https://seismic.com/enablement-explainers/the-difference-between-training-and-development/#:~:text=Training%20is%20usually%20more%20focused,to%20improve%20and%20accentuate%20capabilities. [Accessed on 07th April 2023]

Whatfix (2022),Employee Training & Development,[Online] Available at https://whatfix.com/blog/employee-training-challenges/. [Accessed on 07th  April 2023]

Workhuman (2022), What is Human Resource Development, [Online] Available at https://www.workhuman.com/blog/human-resource-development-hrd/#:~:text=Human%20resource%20development%20(HRD)%20refers,abilities%2C%20skills%2C%20and%20knowledge. [Accessed on 07th April 2023]

 

 

 

 

 

 

 

 

 

 

Comments

  1. Nelusha Kariyawasam8 April 2023 at 23:12

    In this article, the author has emphasized the importance of training and development functions for businesses under human resource management, training and development of the workforce is mandatory to develop a well-qualified and best foundation.
    Here, many employers view training and development costs as an investment, as they directly impact the business's short- and long-term growth, sustainability, and help build dedicated and motivated staff. T&D helps build and retain a competency-based workforce, increase job satisfaction, increase productivity, and ultimately achieve profitability.

    ReplyDelete
    Replies
    1. K.P.AMILA SUDARSHANA PERERA21 April 2023 at 21:14

      Dear Nelusha, Thank you very much for your valuable comment. As you highlighted, training and development directly impact organizational long-term growth. Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training employees, the return on investment is immense if it is consistent. (Herrity,2023)

      Delete
  2. Hansika Edirimanna12 April 2023 at 00:38

    This blog provides a comprehensive overview of the importance of training and development in organizations. It highlights the significance of training and development for employee productivity, engagement, and retention, and how it leads to improvements in business results. Also, you have included figures and sources to support their arguments, which is commendable.

    ReplyDelete
    Replies
    1. K.P.AMILA SUDARSHANA PERERA21 April 2023 at 21:32

      Dear Hansika, Thank you very much for your valuable comment. You have explained that training and development will help to improve  employee productivity, engagement, and retention,which can be proved with the below proof evidence.

      Providing training and development to employees allows employers to pinpoint the knowledge and skills they want their employees to have. Training and development programs can educate employees about new skills or provide updates on existing skills to enhance productivity. (Importance of Training and Development for Employees, https://online.maryville.edu/blog)

      One of the biggest impacts of learning and development on employee engagement is that it boosts employee confidence. When employees are provided with the necessary training and development opportunities, they feel more confident in their abilities to perform their roles. This confidence, in turn, leads to greater engagement and motivation to succeed. (bestford,2023

      Investing in training not only makes your employees experts at their jobs but also helps you retain them. This is because they become better informed and more motivated to progress in their careers, thereby improving employee retention (The Importance of a Training Program for Employees).

      Delete
  3. Chaminda Dias14 April 2023 at 01:21

    Your article provides a comprehensive overview of the importance of training and development in organizations. You have explained the benefits of training and development both for the organization and employees, and also highlighted the current challenges that need to be resolved through effective training and development programs. You have also mentioned the difference between training and development and provided relevant figures to support your arguments. Overall, it is a well-researched and well-written article that provides valuable insights into the significance of training and development in the current business environment.

    ReplyDelete
    Replies
    1. K.P.AMILA SUDARSHANA PERERA21 April 2023 at 21:51

      Dear Chaminda. Thank you very much for your valuable comment. As you explained, training and development will help the current business environment as Regular training and development initiatives can prevent workplace indifference and, in turn, help businesses establish regular re-evaluations of their employees, skills, and processes. Furthermore, it will influence company culture by instilling an emphasis on planning and can prompt company analysis and planning as it requires employers to review existing talent and evaluate growth and development opportunities internally rather than via recruitment. Why are training and development important? HTTPS://WWW.OTTAWA.EDU/)

      Delete
  4. Lasni Gunarathne19 April 2023 at 09:16

    Your article provides valuable insights into the importance of training and development in organisations. It highlights how employee training and development programs can lead to improved business results and a more efficient, engaged workforce. The article also discusses the current challenges facing HR departments in providing training and development opportunities for employees, particularly in light of the COVID-19 pandemic. I like to know what steps can organisations take to overcome the challenges mentioned in the article and ensure effective training and development programs for their employees, even with limited budgets?

    ReplyDelete
    Replies
    1. K.P.AMILA SUDARSHANA PERERA21 April 2023 at 23:13

      Dear Lasni, Thank you very much for your comment. To overcome the said training, and development challenges, you have to create and incorporate an effective learning and development strategy. Key components include: Consistent communication and demonstration of its importance Establishing a working agreement to dedicate employee time to learning (Byrnes, 2021, https://www.accelare.com/blog), Further  you can get a detailed update through the above link.

      Delete
  5. People's Hub by Chathura J Semaratne E18980320 April 2023 at 20:36

    This article emphasizes how training and development are essential components of an organization's success. They involve activities that are designed to improve the skills, knowledge, and abilities of employees to perform their job tasks more effectively and efficiently. investing in training and development can be a valuable strategy for organizations looking to improve their performance, retain talented employees, and stay competitive in today's rapidly changing business environment.

    ReplyDelete
  6. K.P.AMILA SUDARSHANA PERERA21 April 2023 at 23:21

    Dear Chathura . Thank you very much for your valuable thoughts ,Further In order to adapt, a company must have its antennae tuned to trends of business environment changes, understand them, and quickly react to refine or transform its business model. The ability of an organization to adapt is a great competitive advantage.(A successful business must always adapt to the changing world,https://www.bcombinator.com/)

    ReplyDelete

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