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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer

   

Added on  2023-06-07

43 Pages13126 Words361 Views
Dissertation
(Analyse the impact of training and
development on employee productivity
and performance within UK retail
sector)
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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer_1
Table of Contents
INTRODUCTION...........................................................................................................................3
Overview of the topic ..................................................................................................................3
Background of the organisation ..................................................................................................3
Research problem ........................................................................................................................4
Research aim and objective ........................................................................................................4
Research question........................................................................................................................5
Structure of the dissertation ........................................................................................................5
LITERATURE REVIEW................................................................................................................6
The concept and types of training and development in the context of retail sector?...................6
Conceptual framework related to training and development.......................................................8
The need of training and development in Marks and Spencer to increases the productivity and
performance of employee?...........................................................................................................8
The challenges faced by Marks and spencer due to absence of effective training and
development program within workplace?..................................................................................10
The impact of training and development on employee productivity and performance of Marks
and Spencer?..............................................................................................................................12
RESEARCH METHODOLOGY...................................................................................................14
Research limitation....................................................................................................................17
DATA ANALYSIS AND FINDINGS .........................................................................................18
Frequency distribution table......................................................................................................18
Data interpretation.....................................................................................................................20
CONCLUSION AND RECOMMENDATIONS .........................................................................32
Conclusion.................................................................................................................................32
Recommendation.......................................................................................................................32
REFERENCES..............................................................................................................................36
APPENDIX....................................................................................................................................39
Questionnaire.............................................................................................................................39
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INTRODUCTION
Overview of the topic
In the present competitive era training and development is considered as one of the
important human resource management practice for organisation. Companies achieve success as
well as grow in the market with talented employee within their working space. Most of the
organisation are focusing on providing effective training and development session to their
employee to increase employee performance and productivity in effective way. The overall
personality of the employee is being developed with the help of effective learning and coaching
(Rahayu, Rasid and Tannady, 2019). The business whose has skilled and trained employee has
more success rate as compared to those whose has semi-skilled workers. Moreover, continuous
training and development improves the efficiency of the employee over a period of time.
Training and development is an educational activity or session that is provided within the
organisation to improve the job performance and productivity of the individual or group of
people. These program helps in advancing the knowledge and skills of the employee so that they
can bring more productivity within their work (Blumberga and Salmina, 2018). In recent time the
competition in the market is increased in large manner and to gain competitive advantage and
reduce the pressure it is vital for the company to train their employee and develop them
according to the changes. Through this capability within the employee is being developed so that
they can work productivity and cope up with the changes in best way. It is also seen that the
training and development program supports the business operation and function in effective way
an improve the overall business performance in sound manner (Murugesan and Mani, 2019).
One of the greatest advantage that is received by effective training and development is that it
combines the organisational and employee goal with similar objective. Thus, the topic is being
selected by the researcher in order to find the impact and importance of training and
development for organisation and employee (Cooc, 2019).
Background of the organisation
For knowing the importance of training and development the chosen business organisation
is Marks and Spencer. M&S is the major British multinational retailing brand with headquarter
located in Paddington, England. The company is specialised in selling clothing, food, home
furniture and beauty product. Marks and Spencer was founded in the year 1884 by Thomas
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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer_3
Spencer and Michael Marks. The company serve millions of customer across globe. It is located
in more than 1463 location across worldwide. In UK most of the store of Marks and Spencer sell
food product through both online and offline mode (Forbes, 2022). Some of the brands which are
under Marks and Spencer are as Rosie, Goodmove, Autograph, Blue Harbour, Boutique etc.
there are approximately 78000 employee works under the brand. So the main reason for
choosing the company is knowing the importance of training and development session on the
employee performance.
Research problem
The main research problem which is identified in the current investigation is that
ineffective training and development largely impact the worker’s performance and productivity.
The absence of training session largely affects the employee motivation level. The unplanned
and unsystematic training program also impact employee flow of learning. Employee and
workers that are not trained properly will work in lesser way as well as the quality of their work
is low. Lesser skills and knowledge is developed which lead to lower performance and
productivity (Organisation for Economic Co-operation and Development, 2019). Employee
engagement with the work also depend upon the types of training provided by them. This is
because with learning session a connection of the staff with their work is being made, training
and development helps the employee to effectively interact with the work and job they would do.
Thus, lack of training and development among the workforce largely impact the performance and
productivity. With trained employee organisation can attain their goal in timely manner and will
also able to attract pool of talents within the company (Ivana, 2020).
Research aim and objective
Research aim:
To analyse the importance of training and development on employee productivity ad
performance within the UK retail industry: A study on Marks and Spencer
Research objective:
To understand the concept and types of training and development in the context of retail
sector
To analyse the need of training and development in Marks and Spencer to increases the
productivity and performance of employee
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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer_4
To identify the challenges faced by Marks and spencer due to absence of effective
training and development program within workplace
To analyse the impact of training and development on employee productivity and
performance of Marks and Spencer
Research question
What is the concept and types of training and development in the context of retail sector?
What is the need of training and development in Marks and Spencer to increases the
productivity and performance of employee?
What are the challenges faced by Marks and spencer due to absence of effective training
and development program within workplace?
What is the impact of training and development on employee productivity and
performance of Marks and Spencer?
Structure of the dissertation
Chapter that is covered in the present research report are as:
Introduction: In this chapter all the necessary information about the topic is being
included such as research aim and objective, significance of the study, research problem,
research rational
(Svihla and Boling, 2020).
Literature review: It is the second chapter in the research which discussed previous data
of the selected topic. different authors and researcher view point is being discussed in this
chapter.
Research methodology: This is that chapter which select the different methodology to
gather and analyse data for the study. Using this aim and objective is attained in valid and
reliable manner (Leshner and Scherer, 2018).
Data analysis and findings: The fourth chapter in the research is data analysis and
finding. This is the chapter in which raw data for the study is being measure in order to gain
useful information.
Conclusion and recommendation: The last chapter is conclusion and recommendation.
This is the chapter in which overall summary of the investigation is being provided and in
recommendation section some suggestion is given to mitigate the challenges (Leavy, 2020).
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LITERATURE REVIEW
The concept and types of training and development in the context of retail sector?
According to the point of view of Rees and Smith (2021) training and development is the
term of improving the skills and knowledge of the employee for better productivity and
performance of the organisation. It is known as the learning process which is helps the
employees to get the opportunity to develop the competency, skills and knowledge for their
effective performance. Training and development is referring to the one of the most important
part for any organisation or industry because it is the educational activity within an organisation
to develop and create the skills and knowledge of the employee to attain the many competitive
advantages. Training and development play a vital role in designing the better job performance
of a group and individual. It is the part of Human resource management because the HR manager
are able to trained and develop the skills and knowledge of the employees. There are basically
four types of training and development such as receptive, guided discovery, directive and
exploratory. In context to retail sector, training and development is the important part of human
resource practices which is helps in growing the competition with the market. Many of the
retailers understand the need of training and development of employee because it is help to
increase the profitability and productivity of the industry. Training and development in term of
retail sector helps to enhance the employee performance for achieving the industry’s goals and
objectives (Moriuchi and et.al., 2021). Employee training and development is necessary because
it is help the employees to improve their performance and productivity for their job and
overcoming from the performance gaps. Training and development program helps to provide the
many benefits within the retail sector such as enhance employee performance, reduce the
employee turnover, improving the company’s culture, and boost the employee productivity. In
other words, training development is an effective term for every company or industry because it
is providing the sessions and programs for the employee’s development to boost their morale and
productivity for increasing the performance of the organisation. Training and development of the
employees can be done though HR of the company. There are many types of training and
development which is helps to enhancing the skills and knowledge of the employees for
achieving the goals and objectives of the retail sector.
In the opinion to the concept of Dana and et.al., (2021) training and development is refers
to the development of skills and knowledge of the employee in order to attain the competitive
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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer_6
benefits within the organisation. Training and development is the term of Human resource
management where the HR are able to manage the performance and productivity of the
employees as well as organisation by providing the program and session of training and
development. It is the learning process for the employees because with the help of training and
development, they are able to increase their knowledge and skills towards their better
performance and productivity. There are many types of training and development which includes
oriented training, onboarding training, technical skills training, soft skills training and many
more. The types of training and development helps in improvement of performance, skills,
knowledge of the employees. In relation to retail industry or sector, training and development is
playing an important role in improving the employee retention, building a successful brand,
increasing the sales, increasing the profitability and many more. Training and development
within the Retail industry helps to provide the information of product and services to the
employee so, that they can clearly communicate with the customers about the product and
services of the organisation (Verma, Malhotra, and Singh 2020). Training and development can
reduce the staff turnover and hiring cost of retail industry. With the help of training and
development, employees of retail industry feel valued and recognised which is help to give them
their best performance for increasing the company’s productivity and achieved the goals and
objectives. In other words, the concept of training and development is known as the one of the
most important part for any organisation or company because it is helps to develop the
employee’s skills and knowledge in order to collect and achieved the competitive advantages for
the company. Training and development within retail industry helps in guidance of employee
which is provide proper information about the product and services so, they can easily
communicate with consumers. It is also helps to improve the retail performance and operation of
the company. Training and development is the strategy which is enhancing the employee
performance, reducing the employee turnover, boosting the employee productivity and also helps
to improve the company culture.
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Analyzing the Impact of Training and Development on Employee Productivity and Performance within UK Retail Sector: A Study on Marks and Spencer_7
Conceptual framework related to training and development
It is interpreted from the above diagram that training and development program provides benefits
to both employee and organisation. With the help of training and development program the
employees gets satisfied and improves their overall performance by learning new skills and
knowledge. The company get benefit of high market growth and enhanced performance in the
competitive environment. The employees also gets retained within the business for more period
of time for achieving the predetermined goals and objectives of the company in an effective
manner.
The need of training and development in Marks and Spencer to increases the productivity and
performance of employee?
As per the point of view of Yen Teng and Tzeng (2020) training and development is
necessary for improvement of employee because it is helps to develop their productivity and
performance by improving their skills and knowledge. In relation to Mark & Spencer, the need
of training and development in organisation to increase the productivity and performance of
employee. Training and development helps to increase the employee morale towards their work
and role. Training and development is necessary for company because it is helps to retain and
gain more top talent. It is increasing the job satisfaction and morale. It is helps to earn more
profit and improving the productivity as well. Training and development is helps to develop the
future leaders which can be vital in establishing the growth and evaluation of business. Training
and development need in Mark & Spencer helps to empowers the employees where the leaders
of company feel empowered and attaining effectiveness in influencing the employee and
building the trust. Training and development is necessary because it is helps to boosts the
workplace engagement by developing the skills of employee (Moreno-Menéndez and Casillas
2021). it is analysed that training and development play a vital role in increasing the productivity
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