INTRODUCTION Employee training tries to improve skills as add to the existing level of knowledge so that the employee is better equipped to do his present job or to prepare him far a higher position with increased responsibilities. However individual growths are not and end in it. Organization growth needs to be meshed with the individuals growth the concern is for the organizations viability that it should adept itself to a changing environment. Employee growth and development has to be seen in the
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DETERMINING ASSESSMENT NEEDS AND TRAINING IN THE SERVICE SECTOR Dr. Farzana Firdousi Emirates Institute for Banking and Financial Studies PO Box 62091 Sharjah‚ United Arab Emirates E-mail: ffirdousi@yahoo.com Abstract Training plays a vital role in the success of organizations in the service sector. Profitability of this b sector can depend to a great extent on the service of its employees. Before any kind of training is delivered they are required to identify the training needs within their organizations
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Introduction The merger case between General Electric Co. (GE) and Honeywell Inc. has sparked considerable debate between US antitrust agencies‚ economists and scholars since the announcement of its unsuccessful attempt by the European Commission (EC). GE is a corporation active in aircraft engines‚ financial services‚ and transportation systems while Honeywell is a manufacturing company producing aerospace products and is the leading supplier for engine starters. Both parties are from the US
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1. What are your impressions of the General Electric brand and how the company’s products differ from those offered by competitors? General Electric (GE) is one of the oldest and largest manufacturers of major appliances in the world. The company offers four different brands; The GE brand which is a line of basic appliances‚ The Café brand which is a line of restaurant inspired appliances at reasonable prices‚ the Profile brand which offers contemporary designs along with the latest technologies
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1. NEED FOR THE STUDY: Training is the important factor of any company. So it needs to know the critical area where they can implement new training method to bring the effectiveness of training .Training is necessary to identify the best training method which assists the employees to implement their action plans. The fundamental need of this study is to evaluate the satisfactory level of employees about their training. All the employees are not specialized in all area‚ and thus every individual
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Training and Development Importance of Training: 1. Optimum Utilization of Human Resources 2. Development of Human Resources 3. Development of skills of employees 4. Productivity 5. Team spirit 6. Organization Culture 7. Organization Climate 8. 9. Quality 10. Healthy work environment 11. Health and Safety 12. Morale 13. Image 14. Profitability Training and Development aids in organizational development i.e. Organization gets more effective decision
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LIVE PROJECT ON TRAINING AND DEVELOPMENT WITH REFERENCE TO Training Management Introduction Today’s dynamic economy requires the company to constantly train their employees as changes occur at lighting speed. Knowledge continues to expand at a geometric rate while new‚ never existed fields pop up constituently‚ arising to become a significant competitor that threatens your business. It is clear that your employee needs training to stay on top of this fast changing environment. However‚ it
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4.0 Training and Development Recognition of the importance of Human Resources has increased in recent years; this is a result of competition from overseas economies. In countries‚ for example Japan‚ Germany and Sweden‚ investment in employee development is higher than the UK. This has led to some organisations reviewing their policies on training‚ introducing continuous investment in their employees. The latest recession’s impact on business is the credit crunch and whether this will have an
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Employees Training and development Athens 2015 Introduction • Forces affecting the workplace make training a key ingredient for company success – Customer service – Employee retention and growth – Doing more with less – Quality and productivity • These forces influence the company’s ability to successfully meet stakeholders’ needs. • Stakeholders: – Shareholders‚ the community‚ customers‚ employees‚ and all of the other parties that have an interest in seeing that the company succeeds. • Competitiveness:
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security‚ training and effective communication. Human Resource management is concerned with the need of the organization as well as with the need of its people. HR professionals help prepare the organization to achieve its emerging strategic goals. All HR functions are to be linked to the corporate objective strategy of the organization.1 HRM is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance management‚ organization development‚ safety
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