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 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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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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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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Effectiveness of Training and Development 1.0 Introduction 1.1 Background of the Study Every organization needs to have well trained and experienced people for performing the activities that have to be done. As the jobs become more complex‚ the importance of employee development also increases in a rapidly changing society. Employees training are not only an activity that is desirable but also an activity that an organization must commit its resources to if it is maintaining a viable and knowledgeable
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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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that makes the best people want to stay. In this regard‚ Training and Development (T&D) can be the most important HRM function to treat people well and increase the competitive power for the organizations. Training refers to improving competencies needed today or very soon. In comparison‚ development refers to activities intended to improve competencies over a long period of time (Jackson & Schuler‚ 2003‚ p350-351). Training and development‚ although different from their focus‚ are of course closely
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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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