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Importance of Training and Development in Human Resource Management

   

Added on  2023-06-13

10 Pages2839 Words412 Views
Nutrition and WellnessPolitical Science
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Running head: HUMAN RESOURCE MANAGEMENT ESSAY
Human resource management Essay
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Importance of Training and Development in Human Resource Management_1

1HUMAN RESOURCE MANAGEMENT ESSAY
On-job training, training and development, delivery style and training design are
considered to be the four most important aspects for the success of any organization. Training
and development plays a major role in the generation of organizational profits. Moreover, it
assists an organization to achieve their goals or objectives by integrating the interests of the
workforce. In modern days, training and development is regarded as the most crucial factor in
the ever competitive business world, as it helps in increasing the effectiveness and efficiency
of both the organization and its employees. The performance of the employees heavily
depends upon certain factors, one of which is training (Sung and Choi 2014).
Training and development sessions are immensely important for enhancing the employees’
capabilities or abilities. The individuals who have better on-job training experiences are more
competent than others. It is evident that they perform better as they have great skills or
competencies. Most importantly, training and development has also impacted the
organizations on their returns on investment. In addition to this, the organizational
profitability highly depends upon the performances of the employees. Moreover, the human
resource capital of the organization marks its importance on the organizational performance
and growth (Scott and Davis 2015). Therefore, in order to improve the performance of the
organizations, employees must receive proper or appropriate training facilities.
According to Epstein and Buhovac (2014), training and development helps in increasing the
performances of the employees. It is the most important activity that the organizations should
conduct on a daily basis. For instance; Coles Supermarkets of Australia considers employee
training and development to be a major factor and views it as the building block of their
profitability. Coles conduct regular training sessions for fifteen to twenty minutes, in order to
make the employees competent. Through the training and development sessions, the
employees get to understand the purchasing behaviors and attitudes of the target customers,
which in turn prove to be beneficial for the company itself.
Importance of Training and Development in Human Resource Management_2

2HUMAN RESOURCE MANAGEMENT ESSAY
Organizational profitability depends upon several factors like performances of the employees,
competitive rivalry and several others. However, training and development is considered to
be the most important factor for the profitability of the organizations, be it big or small.
Larger organizations have different patterns of providing its employees with a proper session.
They may conduct training and development programs on a daily basis, which is turn acts as
a motivator as well. Training sessions motivates and encourages an employee to give their
best performance (Riggio and Porter 2017).
On the other hand, smaller organizations may not have budget to conduct sessions on a
regular basis. However, it is highly important to organize basic training sessions for the
employees in order to give them an overview of the company’s mission, vision, goals,
objectives or competitive advantages. Training and development enhances the skills and
competencies of the employees, which in turn improves their performances. Improved
performances increase the profitability of the businesses and contribute to their competitive
advantage as well. This reveals the fact that training and development sessions plays an
important in the enhancement of employee performances and organizational profitability
(Kim and Ployhart 2014).
As per Bratton and Gold (2017), training and development helps in increasing or developing
the managerial skills as well. Training is considered to be the most important factor for the
overall development of the employees’ performances, which in turn encourages them to
enhance their skills and abilities. The human resource management is the backbone of each
and every organization and it is also considered to be the major resource. Therefore, every
organization, be it big or small, should invest a significant amount on the development of
human resource capital, as they are responsible for training the employees or the staff
members.
Importance of Training and Development in Human Resource Management_3

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