Posted by Anjali Kaur on Oct 27, 2021

Training and Development – Business Studies

Training and development under business studies, class XII, CBSE. Training means equipping the employees with the required skill to perform the job. The candidates are sent for training so that they can perform the job in an expected manner.

Development refers to the overall growth of the employees. It focuses on personal growth and the successful development of employees. Development is a wider concept as compared to training.

Feel free to join my YouTube channel, Facebook group for Business Studies students, subscribe to this website, and get a monthly collated mailer.

Disclosure: Some of the links on the website are ads, meaning at no additional cost to you, I will earn a commission if you click through or make a purchase. Please support me so that I can continue writing great content for you.

Importance of training in the organization

1. Reduces cost of production.
2. Increases productivity of the employees.
3. Prepares the employee – Training equps the future manager who can takeover in case of emergency.
4. Boost employee morale- Training increases employee morale and reduces absenteeism and employee turnover.
5. Effective- It helps in obtaining effective response to fast changing environemnt like technological and economic changes.
6. Career growth- Improved skills and knowledge due to training lead to better career of the individual.
7. Increased earning- Increased performance by the individual help him to earn more.
8. Safety of employees- Training makes the employee more efficient to handle machines and become less prone to accidents.
9. High Morale- Training increases the satisfaction and morale of employees.

Training Methods

1. On the job training methods
2. Off the job training methods

1. On the Job Training Methods

When the training is given while the person is working within the organization. It includes the following methods:

Apprenticeship Programmes

Apprenticeship programs put the trainee under the guidance of a master worker. These are designed to acquire a higher level of skill. People seeking to enter a skilled job, for example, electricians are often required to undergo apprenticeship training.

These apprentices are trainees who spend a prescribed amount of time working with an experience guide or trainer.

Coaching

In this method, the superior guides and instructs the trainee as a coach. The coach or counselor sets mutually agreed upon goals, suggests how to achieve these goals, periodically reviews the trainee’s progress, and suggests changes required in behavior and performance.

Internship Training

It is an agreement between the professional institutes and the corporate sector where professional institutes send their students to various companies so that they can practice the theoretical knowledge acquired by them through professional institutes.

Under this, the company has to pay a very less amount of salary which is called a stipend and students get a chance to practice under real-world scenarios.

Induction Training (Orientation Training)

Induction or orientation is a process of receiving and welcoming an employee when he first joins the company and giving him the basic information he needs to settle down quickly and happily start work.

The purpose of this training program is to make the new employee feel at home and develop a feeling of belongingness.

2. Off the Job Training Methods

When the employee is trained outside the job.

Vestibule Training

When expensive and delicate machinery is involved then the employers avoid using the ‘On The Job Training Method’.

A dummy model of machinery is prepared and instead of using original machinery employees are trained on the dummy model. Sometimes the accountants who have to make entries in the inventory register or cash register are first supplied the duplicate registers with the same column as in the original register and when they become perfect in making entries in the duplicate register then they are handed over the original register.

Thank You!

Check some related posts:

1. What is recruitment? Sources, merits and demerits.
2. Types of plans: Single-use plan and standing plan
3. Scientific techniques of Taylor
4. Importance of Management Principles
5. Management as a profession

Feel free to join our Facebook group and subscribe to this website to get daily educational content in your mailbox.

Happy Learning!

Disclosure: Some of the links on the website are ads, meaning at no additional cost to you, I will earn a commission if you click through or make a purchase. Please support me so that I can continue writing great content for you.