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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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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INTRODUCTION TRAINING AND DEVELOPMENT Training and development is the field concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings. It has been known by several names‚ including employee development‚ human resource development‚ learning and development. An organization which aspires to grow must be in tune with the changing needs of the society. Training become relevant in the context since it is only through training that the
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1.1 Introduction Economic history shows that development has started everywhere with the banking system and its contribution towards financial development of a country is the highest in the initial stage. Schumpeter (1933) regarded the banking system as one of the two main agents (other being entrepreneurship) in the whole process of development. Keynes also emphasized the role of banking services in the process of economic development of a country‚ while SHE was addressing the House of Lords regarding
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Assignment 1: Training and Development in Small Businesses Today’s business world is very competitive. This can be attributed to more organizations entering the market and the current economic climate. This has many companies thinking of ways to increase productivity and gain a competitive advantage. In order to successfully continue to operate and grow‚ organizations often have to change strategies and better develop employees. This applies to any size organization. However‚ small businesses
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and tend to occur outside the workplace. A core purpose of an education system is to provide and improve general skills. Training: There is no standard definition of training. However‚ it is generally expressed in behavioural terms‚ and refers to the planned acquisition of knowledge‚ skills and attitudes required to perform a role or job effectively. The purpose of training is to improve skills or abilities that will hopefully result in better work performance. Learning: Learning is seen as a
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particular organization and a report assigned by the academic supervisor is mandatory for every student of Bachelor of Business Administration of BRAC UNiveristy. I got the opportunity to do my internship in “The Prime Bank Limited”-Mohakhali Branch. I started my internship in Prime Bank Limited-Mohakhali Branch on 12th February and ended on 10th May 2012. Throughout my internship period Samina Haque‚ Senior Lecturer of BRAC Business School was my academic supervisor and Md. Abdul Bari Mollah‚ Senior Assistant
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institution such as banks‚ have a positive role in financing and investment which is a multidimensional process involving complexity of many interrelated and interdependent factors of diversified nature. It is difficult to assess the contribution of each factor independently. To be successful in its arena a bank must maintain a healthy growth rate and minimize the risk. The bank must maintain enough cash to meet obligations. All these are related to the sound performance of a bank. Evaluating bank’s
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NATURE OF TRAINING AND DEVELOPMENT 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 through learning‚ usually by changing the employee’s attitude or increasing his or her skills and knowledge. The need for training & development is determined by the employee’s
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A REPORT ON TRAINING AND DEVELOPMENT A SUMMER PROJECT REPORT ON TRAINING AND DEVELOPMENT AT FAG BEARING INDIA LIMITED‚ VADODARA SUBMITTED TO: PARUL INSTITUTE OF MANAGEMENT AFFILIATED TO: GUJARAT TECHNOLOGICAL UNIVERSITY A PROJECT REPORT SUBMITTED IN PARTIAL FULLFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTERS OF BUISNESS ADMINISTRATION UNDER THE GUIDENCE OF: FACULTY GUIDE: MISS. ALPA PARMAR COMPANY GUIDE: MR. J. P. NAIR SUBMITTED BY: DVISHA.S.SHAH ENROLLMENT
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