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Corporate Training - Essay Example

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Summary
In the modern era of competitive business environment, it has been increasingly realized that the contribution by way of an efficient performance from the employees has a greater to play in accelerating and sustaining the growth of any business or industrial enterprise…
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Corporate Training
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"Corporate Training"

Download file to see previous pages This paper presents a detailed research analysis in to the training practices prevalent in the South African entities and the effect of such training on the global competitiveness of the firms form the view point of the management and also the threats and opportunities the training poses form the employees' view point.
The biggest challenge for many companies is found in establishing a workforce that is enthusiastic and at the same time having a sense of belonging to the organization. Through research studies, this has been identified as a key element in ensuring the corporate success both in the short and long-term functioning of the firms. In the current business environment of increased labour attrition rates, employee retention has been the major task of the Human Resources Professional in many larger organizations. They are always on the look out for innovating techniques of increasing the job satisfaction and morale of the employees in order to keep the attrition rates low. One of the distinct ways of securing the employee retention is to impart periodic comprehensive training programmes on developing the skills of the employees so that they become more useful to the organization. ...
Section 1
Introduction
The biggest challenge for many companies is found in establishing a workforce that is enthusiastic and at the same time having a sense of belonging to the organization. Through research studies, this has been identified as a key element in ensuring the corporate success both in the short and long-term functioning of the firms. In the current business environment of increased labour attrition rates, employee retention has been the major task of the Human Resources Professional in many larger organizations. They are always on the look out for innovating techniques of increasing the job satisfaction and morale of the employees in order to keep the attrition rates low. One of the distinct ways of securing the employee retention is to impart periodic comprehensive training programmes on developing the skills of the employees so that they become more useful to the organization. The effects of such training on the employee motivation and improved performance has been proved many a times resulting in higher advantages to the employer.
It is important to understand though the business employs the greatest business model in the world and the best of the systems, unless the employees have the strength and ability to handle such sophisticated corporate aids, it may not really help the firm to enjoy the benefits of such investments. The employee trainings may cover a wide range of corporate functional areas including developing the communication skills of the employees, improving the technical skills, training about quality concepts and interpersonal relationships. The different aspects of training and development has varying impact on the employers and employees in that the employers look at the training ...Download file to see next pagesRead More
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