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why the training is important for all in the organisations?

Answers were Sorted based on User's Feedback



why the training is important for all in the organisations? ..

Answer / beautyneha_2006

as we know training is provided for improving the skills in
the employee or new comer. it helps to increase the working
status as well as it hepls to provide comfortable
enviornment to the new comer or fresher and helps to
increase the satisfaction of the employyes

Is This Answer Correct ?    32 Yes 5 No

why the training is important for all in the organisations? ..

Answer / njungwa franklin ndembo

training is important to all members of the organisation
because it acts as a method of motivating the employees in
an organisatuion.
it also goes along way to improve staff moralein the
organisation.
it provides for management succession in the organisation.
it encourages efficiency and effectiveness in the
organisation.

Is This Answer Correct ?    14 Yes 2 No

why the training is important for all in the organisations? ..

Answer / pavan kumar

in all organizations the entry level people need proper
training to know their line of work and the environment of
friendly nature and work culture of the organizations. the
training for entry level people it posses well knowledge on
work life and they get an idea about their job profile how
to work in the organizations it also posses and creates
healthy and friendly environment to learn the things and
easy to understand by the employee and we may expect quality
assurance in his work.the training assures that what is the
organizations objective and what is his role of
participation in that, and it makes them with out prolonging
the time consuming.

Is This Answer Correct ?    18 Yes 9 No

why the training is important for all in the organisations? ..

Answer / shubhra mazumdar essar pow

training is important because by organising training the
new entrents know about the culture, hirarchy level and
pattern of the work of organisation and it also help the
candidate to work in the better manner because after
trainning and the company will be having higher expectation
after trainning because the canditate will be familiar with
the company.

Is This Answer Correct ?    12 Yes 5 No

why the training is important for all in the organisations? ..

Answer / sugi

to avoid the wastage of resources and time, for the high
productivity.

Is This Answer Correct ?    13 Yes 7 No

why the training is important for all in the organisations? ..

Answer / m. usman yousaf

Training is important because after training we can improve
effectiveness, efficiency and satisfaction level of all
new employees about their work at work place.

Is This Answer Correct ?    8 Yes 2 No

why the training is important for all in the organisations? ..

Answer / darshana

training is important to all members of the organisation
because it acts as a method of motivating the employees in
an organisatuion.
it also goes along way to improve staff moralein the
organisation.
it provides for management succession in the organisation.
it encourages efficiency and effectiveness in the
organisation.

Is that clear .okkkkkkkkk

Is This Answer Correct ?    6 Yes 2 No

why the training is important for all in the organisations? ..

Answer / bhavin.n.sukhadiya

Training is an imperative tool for the organization to
revamp the performance of all the personnel.With the aid of
training employees will be able to perform better than
before which could create lucrative condition for an
organization.

Is This Answer Correct ?    3 Yes 2 No

why the training is important for all in the organisations? ..

Answer / nithya

each company will have different outcomes

Is This Answer Correct ?    4 Yes 14 No

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Case let 1 Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm. The firm had announced a downgrade of Delta, a company listed both on Indian bourses and the NASDAQ. The reason? "One out of every six development engineers in the company is likely to be benched during the remaining part of the year." Three analysts from Top Line had spent some time at Delta three weeks ago. Koshy and his team had explained how benching was no different from the problems of excess inventory, idle time, and surplus capacity that firms in the manufacturing sector face on a regular basis, "Delta has witnessed a scorching pace of 30 per cent growth during the last five years in a row," Koshy had said, "What is happening is a corrective phase." But, evidently, the analysts were unconvinced. Why Bench? Clients suddenly decide to cut back on IT spends Project mix gets skewed, affecting work allocation Employee productivity is set to fall, creating slack working conditions. High degree of job specialization leads to redundancy What are the options? Quickly cut costs in areas which are non-core look for learning’s from the manufacturing sector Focus on alternative markets like Europe and Japan Move into products, where margins are better. Of course, the Top Line report went on to cite several other "signals," as it said: the rate of annual hike in salaries at Delta would come down to 5 per cent (from between 20 and 30 per cent last year); the entry-level intake of engineers from campuses in June 2001, would decline to 5 per cent (unlike the traditional 30 per cent addition to manpower every year); and earnings for the next two years could dip by between 10 and 12 per cent. And the loftiest of them all: "The meltdown at Nasdaq is unlikely to reverse in the near future." "Some of the signals are no doubt valid. And ominous," said Koshy, addressing his A-Team, which had assembled for the routine morning meeting. "But, clearly, everyone is reading too much into this business of benching. In fact, benching is one of the many options that our principals in the US have been pursuing as part of cutting costs right since September, 2000. They are also expanding the share of off-shore jobs. Five of our principals have confirmed that they would outsource more from Delta in India-which is likely to hike their billings by about 30 per cent. At one level, this is an opportunity for us. At another, of course, I am not sure if we should be jubilant, because they have asked for a 25-30 per cent cut in billing rates. Our margins will take a hit, unless we cut costs and improve productivity." "Productivity is clearly a matter of priority now," said Vivek Varadan, Vice-President (Operations). "If you consider benching as a non-earning mode, we do have large patches of it at Delta. As you are aware, it has not been easy to secure 70 per cent utilization of our manpower, even in normal times. I think we need to look at why we have 30 per cent bench before examining how to turn it into an asset." "There are several reasons," remarked Achyut Patwardhan, Vice-President (HR). "And a lot of it has to do with the nature of our business, which is more project-driven than product-driven. When you are managing a number of overseas and domestic projects simultaneously, as we do at Delta, people tend to go on the bench. They wait, as they complete one project, and are assigned the next. There are problems of coordination between projects, related to the logistics of moving people and resources from one customer to another. In fact, I am fine-tuning our monthly manpower utilization report to provide a breakup of bench costs into Examination Paper Semester I: Human Resource Management IIBM Institute of Business Management specifics-leave period, training programmes, travel time, buffers, acclimatization period et al." "It would be worthwhile following the business model used by US principal Techno Inc," said Aveek Mohanty, Director (Finance). "The company has a pipeline of projects, but it does not manage project by project. What it does is to slice each project into what it calls 'activities'. For example, communication networking; user interface development; scheduling of processes are activities common to all projects. People move from one project to another. It is somewhat like the Activity Based Costing. It throws up the bench time straightaway, which helps us control costs and revenue better." "I also think we should reduce our dependence on projects and move into products," said Praveen Kumar, Director (Marketing). "That is where the opportunity for brand building lies. In fact, now is the time to get our technology guys involved in marketing. Multiskilling helps reduce the bench time." "Benching has an analogy in the manufacturing sector," said Girish Shahane, Vice-President (Services). "We could look for learning's there. Many firms have adopted Just-In-Time (JIT) inventory as part of eliminating idle time. It would be worthwhile exploring the possibility of JIT. But the real learning lies in standardization of work. It is linked to what Mohanty said about managing by activities." "At a broader level, I see several other opportunities," said Koshy, "We can fill in the space vacated by US firms and move up the value chain. But before we do so, Delta should consolidate its position as the premier outsourcing centre. 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