Impact of Continuous Development and Training on Organizational Performance: A Case Study of Petronas

Running head: LITERATURE REVIEW
Literature Review
Name of the Student
Name of the University
Author note

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LITERATURE REVIEW
Table of Contents
Introduction:...............................................................................................................................2
Background:...........................................................................................................................2
Purpose and Problem Statement.............................................................................................2
Significance of Research........................................................................................................3
Research objectives:...............................................................................................................3
Research questions:................................................................................................................4
Literature Review.......................................................................................................................4
The major components of organizational performance and increasing the profitability of
the business organization:......................................................................................................4
Analyse the possible impact of continuous development and training on the employees.....6
The effect of continuous development and training on the organizational performance and
the profitability of Petronas....................................................................................................7
Effectual techniques for improving the development and training........................................9
Conclusion:..............................................................................................................................12
References................................................................................................................................14

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LITERATURE REVIEW
Introduction:
Background:
The oil and gas industry in Malaysia has attracted various foreign companies to
invest, therefore with the course of time it has created a wide range of employment
opportunities in the country. This sector plays a vital role in the economic development of the
country as it makes up to more than 20% of the gross domestic product of the country. The
oil reserves of the country are considered to be the fifth largest in the world as well. Petronas
or the National Petroleum Limited is a major organization in this sector which is entirely
owned by the Malaysian government. The organization is vested with all the resources in the
country and it is also entrusted with a major responsibility of expanding and adding more
value to the oil and gas resources. Petronas has also been ranked with the 500 largest
organizations around the globe. Since its inception, the organization has developed to be an
integrated global oil and gas organization which has business interest in more than thirty five
countries in the world. The organization has been engaged with a large range of the
petroleum activities comprising of the production and exploration of gas and oil, distribution
and marketing of the products, processing of gas, trading, transmitting the gas through
pipeline and networking operations, liquefaction of gas, marketing of the liquefied gas,
automotive engineering and many others. Therefore, it can be indicated that the organization
is a continuous source of income for the government of Malaysia.
Purpose and Problem Statement
Research Purpose:
As indicated by Khalique et al. (2015) the research purpose tends to provide a proper
structural approach to the research work which also helps to provide a definite and proper

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LITERATURE REVIEW
purpose of the research. The purposes of research are of three kinds: descriptive, exploratory
and explanatory. The exploratory research purpose tends to refer to the long term procedure
whereas the explanatory research purpose tends to help connecting various concepts for
understanding the reasons and outcomes of the research study. On the other hand, the
descriptive research purpose is helpful for conducting the research with more explanation and
exploration as well. For this research purpose, descriptive research purpose will be taken so
that the specific research topic can be explored and explained at the same time.
Problem Statement:
The continuous development and training is considered to have an optimistic impact
on the overall performance of the business organization and to enhance the profitability of the
organization, therefore this research will investigate whether continuous development and
training has a positive impact on the organizational performance and its profitability on the
backdrop of the Malaysian oil and gas company Petronas.
Significance of Research
In spite of a large number of researches conducted on defining the relationship
between the development and training and the organizational performance, there is still a gap
concerning the idea of continuous development and training and its subsequent effect on the
organizational performance. Therefore the significance of the study is that it will profoundly
investigate for closing the gap with the help of relevant literature which will shed light on the
relationship between these two factors.
Research objectives:
The research objectives are: