Impact of Training on Corporate Effectiveness A Comparative Study of Public and Private Sector Undertakings

Abstract

Training and development occupy an important place in personnel management next to staffing (Momoria). Training and development have received greater attention and the management has realized the significant role of training in improving efficiency and job satisfaction of employees. Training is a complex process and is concerned with increasing the capabilities of individual so that they could contribute effectively to the attainment of organizational goals (Ibid, p.33). Both the human and non-human resources from have their own role in structuring and managing such economic situations. Human resources are vital ingredients for the success of organizations. In view of the emerging business scenario, training and development practices have gained crucial role for survival, productivity, and organizational competitiveness. newline