Published 2024-05-21
Keywords
- Employee Training,
- Development,
- Growth,
- Benefits,
- Human Capital
- profitability ...More
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Copyright (c) 2024 Research Journal of Management Practice
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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Abstract
The focus of this study was on organizational development, worker training, and development. Within the dynamic, competitive market context, the buzzword has evolved to be "training and development." An ethical corporation can be distinguished from a good one by its human capital. Organizations that invest in efficient human resource training and development are likely to reap both immediate and long-term benefits. An overview of the literature on the impact of training and development on organizational growth is included in this paper. Due to organizational, technical, and social dynamics, staff has a tendency to become absolute, necessitating the need to adapt to ongoing learning and change of the talent and knowledge. Therefore, it is crucial to manage training and development programs well in order for firms to get the most returns on their investments. However, in a world of fierce and dynamic competition, an organization's most important asset is its human capital. Human capital can explore their dexterity with the aid of training and growth. Consequently, training and development are crucial to the workforce's efficiency in a firm. According to the study's findings, businesses engage in the growth and training of their staff, but management must carefully consider all available training options. The study counseled amongst others that; organizations ought to begin systematic training, identification of training wants should be done more professionally in conjunction with the road manager likewise because of the people concerned along with the HR/Training manager. Everybody involved should agree specifically to what the trainees are lacking.