Effect of Current Economic Crises on Training and Development Programs of PTCL

Abstract

This research based project plays a major role in determining how the economic crisis is affecting not only the training and development programs of the organization but also the overall business of the organization. The basic objective of our project is to check how the current economic crises have affected the training and development programs of PTCL. PTCL is the leading telecom operator in Pakistan. The significance of this study is to analyze the impacts of economic crises on the organization’s HRD functions, focusing on training and development. During the global economic downturn PTCL training and development programs were under positive impact due to the collaboration with Etisalat Academy. Experts now believe that in the medium term, training can be cost-neutral. Investment in human resources management training helped in tackling with the organizational changes brought about by tough economic times.