Abstract:
The training and development system is crucial to fulfilling the mission, vision, and goals of the organization throughout the Human Resource Management (HRM) cycle, as it is in every organization. Training and development are two factors that play a significant part in determining how successful an organization is and how satisfied its employees are with their jobs. In the workplace, training can have an effect on productivity as well as on health and safety, as well as on personal growth. Acquiring and maintaining investment space and equipment are necessary steps in the training and development process. The human resources department is seen as an essential resource by modern businesses. This is because HR departments work closely with employees to drive organizational success. It is absolutely vital for the organization to have a strong training and development program in place. It makes it possible for the organization to have staff that are not just productive but also happy with the work that they do. Training and development are two distinct HRM tasks, yet they are complementary to one another and both contribute to the employee's overall growth and development. Training for operational purposes is provided through the short-term and responsive process, whereas training provided through the long-term development process is utilized for executive objectives. The process of taking an employee from a lower level of skills, abilities, and knowledge to a higher degree of those factors is referred to as development. This transition is impacted by factors including education, training, experience in the workforce, and the surrounding environment. Because of this, the individual value of workers will increase thanks to more opportunities for self-improvement and professional advancement, as well as increased contributions to the business. Not only is an efficient training and development system a necessary step toward improving an organization's overall competency, but it is also an essential tool for keeping costs in check.