Training and Development Assignment - Doc
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Added on 2020-10-05
Training and Development Assignment - Doc
Added on 2020-10-05
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RESEARCH PROJECT
ContentsTITLE:.............................................................................................................................................3CHAPTER 1: INTRODUCTION....................................................................................................3Overview of the Research............................................................................................................3Background of the research.........................................................................................................3Research Aim...............................................................................................................................4Research Objectives.....................................................................................................................4Research Question.......................................................................................................................4CHAPTER 2: LITERATURE REVIEW.........................................................................................5The importance of training and development within Marks and Spencer...................................5The major influence of training on organisational productivity and performance......................6The measures that are adopted by Marks and Spencer as to developing their revenue...............6CHAPTER 3: RESEARCH METHODOLOGY.............................................................................7Type of Investigation...................................................................................................................7Research Design..........................................................................................................................8Data Sampling.............................................................................................................................8Data Collection Tools..................................................................................................................8Ethical Consideration...................................................................................................................8CHAPTER 4: DATA ANALYSIS..................................................................................................9CHAPTER 5: CONCLUSION AND RECOMMENDATION.....................................................18Conclusion.................................................................................................................................18Recommendation.......................................................................................................................18REFERENCES..............................................................................................................................19APPENDIX....................................................................................................................................20
TITLE:To analyze the importance of training and development within an organisation and itsimpact on enhancing organisational profitability and sales. A case study on Marks and Spencer. CHAPTER 1: INTRODUCTION Overview of the Research Training can be considered as the key element of each business organisation as in this modernera each small as well as large business Enterprises are focused on providing training to theirnew as well as existing employees in order to development their skills and ability to performmultiple tasks at workplace (Brewster and Hegewisch, 2017). Higher productivity of firmscreates various benefits for firm in developing their sales and revenue through grabbing theattention of large number of customers towards the form or its offered products and services. Thepresent research is based on Marks and Spencer it is a large British multinational retail companywhich deals in wide variety of products and services. The major focus area of firm is toenhancing the walking ability of employees so that higher productivity can be attained.Background of the researchTraining and development can be described as the fundamental need of each businessorganisation it is essential for firm to provide training to their employees so that they can workwith coordination and passion. Marks and Spencer is a public limited company and it is knownas major British multinational retailer company and headquartered is in city of WestminsterLondon. Company is listed in the London stock exchange and deals in luxury food productshome products clothing etc. The company was founded in the year of 1884 by Michael marksand Thomas Spencer. The company also deals in branded products such as Kellogg’s CornFlakes. The company has more than 979 stores and outlets all over the United Kingdom amongthem 615 are based on food products (Pollock, Wick and Jefferson, 2015).The major purpose offirm is to satisfying the needs and wants of people at market place through developing variety ofproducts and services at market place.
Research Aim This can be considered as the most fundamental component of research work since entireresearch exercises depend on look into point (Rasula, Vuksic and Stemberger, 2012).. This aidesin giving a legitimate direction to scientist about complete entire exercises successful way. Themajor aim of this particular research is “To analyze the importance of training and developmentwithin an organisation and its impact on enhancing organisational profitability and sales”. A casestudy on Marks and Spencer. Research Objectives This can be considered as the most essential part of research work (Moser, 2012). The importantobjectives of this research are described as below: To identify the importance of training and development within Marks and Spencer. To ascertain the influence of training on organisational productivity and performance. To determine the measures which are adopted by Marks and Spencer as to developingtheir revenue. Research Question This section is interconnected with the objectives of the research and plays effective role indrawing valuable outcome for the research project. some essential question of the research areassociated as below: What are the importance of training and development within Marks and Spencer? What are the major influence of training on organisational productivity and performance?What are the measures that are adopted by Marks and Spencer as to developing theirrevenue?
CHAPTER 2: LITERATURE REVIEW This comprise to be a fundamental piece of research venture which helps in leading a topto bottom research in regard to breaking down suitable outcome and result. It is a content ofresearcher paper which includes the present learning in which substantive discoveries and resultsare included. In this area see purposes of different creators are investigated in regard to comingto at definite outcome and result (Kolb, 2014). This piece of research helps in giving a hugeheading to the examination era to complete the entire research work a correct way as tocollecting the last and fitting result. In this area information must be accumulated throughauxiliary wellspring of information gathering, in this past research assumes successful part inpushing ahead towards right heading. The real purpose behind leading another exploration is toovercoming the shortcoming of the past research report.The importance of training and development within Marks and Spencer. As per the views expressed by Shelley Frost, 2018, training can be considered as a primeopportunity to enhance the knowledge base of employees and workers at work place. Indianbusiness organisation management and higher authorities plays effective role in providingtraining and development to their employees as to improvising their skills and knowledge areasin order to attempt various task and responsibilities within the organisation. As a large businessEnterprises it is essential for Marks and Spencer to provide effective training expand theknowledge and skills of employees at workplace expand the knowledge and skills of employeesat work place. There are various importances of training and development in the workplace inwhich some are described as under:Improved employees performance: employees are described as the most essential resource offarm it is important for employees to attend training session in respect to perform assign task andduties in effective manner. Effective performance of employees leads the farm towards attaininghigher growth and success through producing variety of products and services as per the needsand wants of customers (Shultz and Adams, 2012).Addressing weaknesses:People are having some issues and weaknesses in their skills beta needsto be addressed in order to attempt multiple responsibilities at workplace an effective training
program allows people to strengthen their skills which helps them to attaining effectiveopportunities in their life and career.The major influence of training on organisational productivity and performance.According to the opinion of Ford, 2014, training is the fundamental need of eachbusiness Enterprises it has a direct influence on the productivity and performance of the firm. Inan organisation Management is concerned on recruiting well skilled and educated people atworkplace as to carry out all business activities in effective and efficient manner. At the place ofmost leading retailer company Marks and Spencer deals in variety of products and serviceswhich are helpful in fulfilling the basic desires of people at Marketplace discuss various benefitsfor company in attaining higher growth and significant position there are various influence oftraining on organisational productivity and performance in which some are described as under:Working ability of employees: training is effective in providing a significant direction to theEmployees as to moving forward towards right direction which creates benefits in attemptingorganisational desired goals and effective manner. With the help of proper training sessionemployees are able to enhance their skills and knowledge in the areas which are needs to betamed by them at workplace a trained employee is more effective in performing multiple tasksrather than an untrained employee.Increasing productivity: Employees with higher skills are able to develop organisationalproductivity through implementing their knowledge within the production process the major aimof an organisation is to analyze the present market Trend and needs of customers in order toproducing more effective goods as to fulfilling the desires of people within the Marketplace.The measures that are adopted by Marks and Spencer as to developing their revenue.As per the views expressed by Sam Ashe-Edmunds, 2018, sales and revenue are relatedto each other and plays effective role in attaining organisational goals and objectives. The priorResponsibility of each business organisation is to developing the sales and revenue of form inorder to attaining attention of more and more buyers which create value in attaining highercompetitive edge at Marketplace (Christopher, 2016). As a large business firm it is essential forMarks and Spencer to maintain their sales in order to managing their competitive position at
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