Training & Development of Employees in UBL and It's Impact on ROI

Abstract

If you wish to plan for a year, sow seeds. If you wish to plan for ten years, plant trees. If you wish to plan for a life-time, develop men”. (Chinese saying)

Training is a continuous and perennial activity. Human evolution itself is a part of history of training. The stone-age people got themselves trained to fulfill their basic needs. The metal-age people had gone one more step further and learnt the art of use of metals and coking. Thus every page and step of human civilization will contain training in the backdrop. Today, in the area of skill training we can see ‘apprenticeship’ as a form of training in vogue.

T&D activities are important, because they enable organizations to adapt and manage to changing environmental conditions and to perform optimally in the competitive environment. The research reveals that training events are a major opportunity for learning. However, whether they are effective depends on the following factors: