In an ever changing and quick paced corporate environment, training and development is very important aspect. Training and development is one of the most unnoticed aspect in the organizations. When its organized it is often at the persistence of the human resources department. There is however a large value in organizing with proper training and development sessions for employees. Training allows employees to generate new skills, improve existing ones, increase performance, increase productivity and be a better version in the team. In training and development process the employees might delay the deadline for the projects. Despite this fact a large associations employer feel as employees get more skilled the process would be much faster and they can be competitive in the particular department. With lack of skilled employees the process and techniques utilized will make the overall process slow and the quality will also get affected to a great extent. Benefits of driving employee development is to shape a more efficient, competitive, and engaged workforce. Companies that have actively interested and dedicated employees see 40 % low absent rate and 15% high productivity rate.
Targeting on skills of employees for future leadership will help establish an organization to growth and change. Getting leadership talent can start from Human Resource professionals who can select current employees as potential candidates. Having established leadership development programmes ensures that an organisation is always keeping in mind the future organisational goals by preparing promotable, capable and talented individuals.
Productivity usually increases when a company implements training courses for their employees. Increase in efficiency in processes will make sure that the project success which in turn will improve the companies profit and potential market share. Ongoing training and up skilling of the staff can encourage creativity and employee engagement. New creative ideas can be suggested as a direct result of training and development.
Staff are more likely to feel valued if they are invested in and hence less likely to change employers. Training and development is seen as an added advantage to companies benefit. Recruitment costs hence goes down due to staff retention. Having a strong, firm and successful training strategy can helps to develop your employer brand image and make your organization a prime consideration for quality and mid-career changes. Training can also make organization more attractive to job seekers who want to improve their skills and the opportunities that are associated with those new skills. Training can be given to the employees of any kind relevant to the work or responsibilities of the employees and can be delivered by any of the appropriate method decided by the higher authority of the company.
One of the best example of training & development done at an organization is TMS. TMS is known for its highly professional and quality Services in the field of HR. The staff at TMS has been able to reach this position because of the team building and training & Development session conducted at the organization. Every employee at TMS is highly skilled and enjoy their work. Organization like TMS have set an example of how to increase the skills of an individual with proper training and also helped them to develop their personalities to a great extent.