5. Training and Development Objectives
Individual Objectives – help
employees in achieving their personal goals, which in turn, enhances the individual
contribution to an organization.
Organizational Objectives – assist the
organization with its primary objective by bringing individual effectiveness.
Functional Objectives – maintain the
department‘s contribution at a level suitable to the organization‘s needs.
Societal Objectives – ensure that an
organization is ethically and socially responsible to the needs and challenges
of the society.
The quality of employees and their development through
training and education are major factors in determining long-term profitability
of a small business. If you hire and keep good employees, it is good policy to
invest in the development of their skills, so they can increase their
productivity.
Training often is considered for new employees only. This is
a mistake because ongoing training for current employees helps them adjust to
rapidly changing job requirements. Reasons for emphasizing the growth and
development of personnel include
Creating a pool of readily available and adequate
replacements for personnel who may leave or move up in the organization.
Enhancing the company‘s ability to adopt and use advances in
technology because of a sufficiently knowledgeable staff.
Building a more efficient, effective and highly motivated
team, which enhances the
company‘s competitive position and improves employee morale.
Ensuring adequate human resources for expansion into new
programs.
BENEFITS:
Research has shown specific benefits that a small business
receives from training and Developing its workers, including:
- Increased productivity.
- Reduced employee turnover.
- Increased efficiency resulting in financial gains. Decreased need for supervision.
Employees frequently develop a greater sense of self-worth,
dignity and well-being as they become more valuable to the firm and to society.
Generally they will receive a greater share of the material gains that result
from their increased productivity. These factors give them a sense of
satisfaction through the achievement of personal and company goals.
Training and development (no date) Whatishumanresource.com. Available at: https://www.whatishumanresource.com/training-and-development (Accessed: April 21, 2023).
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