Training: Role in Organizational Growth and Profit-Making

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Training is a planned process to modify or increase the attitude, knowledge or skill behavior to an individual or group of workers through learning experience to achieve effective performance in an activity or range of activities to satisfy the current and future needs of an organization. It can be also defined as a process of assisting a person for enhancing his efficiency and effectiveness to a particular work area by getting more knowledge and practices. Training is important to an organization for its growth because it also plays a role in organizational growth and its profit making.

It’s very important as it gives the ability for an individual as well as the organization to respond quickly to the market changes, also it helps employees to and rise within the organization and thus increase their market value, earning power and job security, increases job satisfaction and commitment of employees by encouraging them to take ownership. When an employee does not know what to perform in his/ her job they lose their interest in doing it and they tend to show dissatisfaction and it sometime leads to grievance, absenteeism and finally it will lead to turnover by training them on what to do and how to do will increase their interest level and it will make them more skillful, knowledgeable Individual also, it helps to develop confidence on them which reduces the degree of supervision. Trained employees make a better economical use of material and equipment which reduces the wastage and ultimately it reduces the cost for an organization. The trainees will acquire more knowledge and new ideas and it will increase their potential and it will increase individual productivity and finally it will lead to overall productivity of the organization. Therefore training plays a vital role in the organization and contributes to its growth and sustainability.

Training can be initiated for various reasons for individual employees or group of employees. Training should be...
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