Importance of training and development in a context of retail business
In the present competitive economies the learning and development is identified as a heart of the organizations. In other words in an ever changing and fast paced corporate world, training and development is an indispensable function. Its seek continues growth and improvement in their business context. Training and development is one of the lowest things on the priority list of most companies. When it's organized, it is often at the persistence of the human resources department.Training allows employees to acquire new skills, sharpen existing ones, perform better, increase productivity and be better leaders. Since a company is the sum total of what employees achieve individually, organizations.
According to (Armstrong, 2001; Craig, 1987).Employee training and development has emerged as a major educational enterprise over the past three decades. This increase is associated with a demand in the workplace for employee at all levels to improve performance in their present jobs to acquire skills and knowledge to do new jobs, and to continue their career progress in a changing world of work.
Importance of training and development
- Offers optimum utilization of Human resources
- Enhances skill development
- Increases productivity
- Improves organizational culture
- Improve quality and safety
- Increase profitability
- Improves the company's morale and corporate image
Advantages and disadvantages of training and development
Advantages | Disadvantages |
Helps employees develop new skills and increases their knowledge. | It is a relatively expensive process. |
Improves efficiency and productivity of individuals and teams. | There is a risk that after the training and development session, the employee can quit the job |
Keeps employees motivated and enhance contribution levels. | |
Creates new and improved job positions. |
Difference between training and development
At this present pandemic situation is a biggest challenge for all organization. Specially retail business context is facing so many challenges in the field process. Some companies and some business can work like work from home concept but in retail business it’s not possible. Sales force is to work in front line therefore some employees leaved their jobs. So this is a biggest trouble to the organization and human resource department as well. Therefore organizations to be followed some training methods to keep employees skills and knowledge without barriers. As are follow.
Learning and development methods Henderson (2017)
- Action learning
- Blended learning
- Case studies
- Coaching
- E-Learning
- Lecture
- Outdoor training
- Mentoring
- Role-Playing
- Self-Development
- Business games
VAK Learning styles
- Visual modality
- Auditory modality
- Kinesthetic modality
Barbe and colleagues reported that learning modality strengths can occur independently or in combination (although the most frequent modality strengths, according to their research, are visual or mixed), they can change over time, and they become integrated with age.They also pointed out that learning modality strengths are different from preferences; a person's self-reported modality preference may not correspond to their empirically measured modality strength .
According to the above mentioned theories and details trainings and developments are playing major role in an organization. Specially in retail business contest human resource management need to conduct several trainings to keep their employees in an efficiency manner.
References
Armstrong, M. (2001). A hand book of human resources Practice. UK: Kogan Page.
Henderson ( 2017) https://www.medrxiv.org/content/10.1101/2020.07.21.20158196v1
Barbe, (1979) https://en.wikipedia.org/wiki/Learning_styles
Good training and development programs help you retain the right people and grow profits.
ReplyDeleteHigh-impact training and development programs don’t just happen, they need a careful planning and alignment process. The example you've added makes this stronger. I enjoyed reading your post.
Yes you are correct.
DeleteFor a Company or a Organization to employee need time to time Trainings. This will help to retain thier employees in Org..... Staff Devolopment also should be done since all the changes, implementations which are done by the company will get to know
ReplyDeleteThey build skills that improve the company's sales as employees undergo retail sales training and this contributes to increased revenue. When their workers learn new skills, develop their ability levels and are constantly motivated, there is no doubt that companies improve. (Doug 2016)
ReplyDeleteTraining programs are important and should be rigorous, irrespective of the existence of any company or organization. In conclusion, training in retail sales is important, is very empowering, and is the secret to business success.
Training and development are playing a vital role in the context of a retail business. training should focus on the present situation and development focus on the future. both the scenarios are adding value to the employee for achieving ultimate organisation goal.
ReplyDeleteLearning environment allows employees to develop themselves and on the other hand, organization to reach it's goals. Training and development involves improving the effectiveness of organizations and the individuals.
ReplyDeleteTraining programs are very important for every organizations!! Well done
ReplyDeleteEmployee growth and employee learning are very important to an organization. The organization depends on the role of the employees. Therefore, staff growth and learning is a very important part of an organization.
ReplyDeleteAny organization how more focused on this training and development they can get the best out from employees ,but they need to clearly understand the training need of the prospective s for that they have do some researcher that point out the training need of the employers.then only this tanning will use full for any organizations.
ReplyDelete