ON
A STUDY OF THE VARIOUS ASPECTS
OF
TRAINING & DEVELOPMENT AND ITS IMPACT ON EMPLOYEE PERFORMANCE,
WITH SPECIAL REFERENCE TO SECL JAMUNA KOTMA (M.P.)
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Submitted Towards the partial fulfillment for the award of Master of Business Administration degree
(U.P. Technical University, Lucknow)
(2011-2013)
SUBMITTED TO: - SUBMITTED BY:-
Mrs. ANJANA SHAHU NAVEEN VERMA
ASST. PROFESSOR ROLL NO.1172770050
SHAMBHUNATH INSTITUTE OF MANAGEMENT
JHALWA ALLAHABAD
INTRODUCTION
Topic Introduction
A business ' most important asset is often its people. Training and developing them can be one of the most important investments a business can make. The right training can ensure that your business has the right skills to tackle the future. It can also help attract and retain good quality staff, as well as increasing the job satisfaction of those presently with you - increasing the chances that they will satisfy your customers. Training and development refer to the imparting to specific skills’ ability and knowledge to an employee.
A formal definition of training and development is:
“… it is any attempt to improve current or future employee performance by increasing an employee’s ability to perform through learning, usually by changing the employee’s attitudes or increasing his or her skills and knowledge.”
The need for training and development is determined by the employee’s performance deficiency, computed as follows: We can make a distinction among training, education and development. Such distinction enables us to acquire a better perspective about the meaning of the terms. Training, as was started earlier, refers to the process of imparting specific skills. Education, on the other hand, is confined to theoretical learning in the classrooms.
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