Authors: Kambala Hemanth Kumar, Assistant Professor Dr. P. Girija Sri
Abstract: Training and development is one of the most important functions of Human Resource Management which ensures the improvement of knowledge, skills, abilities, and performance of employees. In the current competitive business scenario, it is necessary for the companies to constantly strive to transform their employees in accordance with the latest technologies and challenges of the business environment. Training and development differs from each other, where training enhances the current performance of the employees while development prepares the personnel for the future challenges. There are several reasons why the importance of training and development of employees cannot be denied. This study explores these reasons and sheds light on the significance of training and development, their types, and various methods. The current research also provides an insight into the impact of proper training and development programs on the productivity and performance of employees. Additionally, the study highlights the need for analyzing the requirements for training, choosing the most effective methods, assessing the results of the current training, and providing employees with knowledge in a highly competitive environment. The obtained results of the study show that appropriate training and development of personnel are vital for the growth of employees and the business. Thus, the organizations should provide their workers with the necessary resources for acquiring new skills and knowledge.
