It is one of the major parts of human resource management as it accelerates skills, abilities and work productivity in the company. It helps in improving the job performance of the company and assures future career growth.
The term training refers to acquiring a specific set of skills or knowledge in the employee from a particular task. It is usually connected with the improvement of the current job performance of the employee and includes 3 major types: Formal training, on-the-job training, and coaching sessions.
Development refers to the long-term growth of the individual in their career path. It usually works on gaining knowledge which goes beyond the job requirement and prepares the employee for future job roles.
With the help of regular training and development programmes, the employee can work on enhancing their job performance, career satisfaction and growth opportunities. In return, the organisation can gain benefits in terms of better employee engagement, productivity and customer satisfaction.
Importance of training and development
Accelerate productivity: training and development programmes assure higher productivity among the employees by indulging them in new skills and capabilities.
Talent management: In the current competitive era, employees seek development opportunities in the organisation that can help them stay ahead in the employment competition.
Gains market competition: By high productivity and advanced capabilities, the organisation can stay ahead in the rapidly evolving competitiveness. Regular training program accelerates better involvement with new technologies and meet customer needs effectively.
Assures better work culture: Training and development create a culture of continuous learning which accelerates positivity and collaborative working in the company.
Steps of training and development
Step 1: Identifying the skill gaps and needs in the company
Step 2: Designing the training programs that fill the gap and are also aligned with the organisational strategies
Step 3: Implementing the training and development session in the company
Step 4: Evaluating the ROI and effectiveness of the training session
Step 5: reinforcing the training and apply it in the daily work duties
Measuring employee performance after training
Continuous feedback: the employer or the company must opt for continuous feedback from the employee about the effectiveness of the training
360-degree review: It refers to the review that the employer takes from all the aspects like customers, colleagues, managers and peer groups.
Setting up objectives and key returns: To measure the effectiveness of training and development sessions, the employee must set objectives and key returns for the employee while working as per the training they got.
