Training and Developing Syndicate
Training and Developing Syndicate
Submitted by:
_______________________
Enrollment no. __________________
Submitted to:
_______________________
CERTIFICATE OF ORIGINALITY
This is to certify that the project titled A
is
i an original work of the
Student and is being submitted in partial fulfillment for the award of the
Masters Degree in Business Administration of XYZ University. This report
has not been submitted earlier either to this University or to any other
University/Institution for the fulfillment of the requirement of a course of
study.
SIGNATURE OF SUPERVISOR
SIGNATURE OF STUDENT
Place:
Place:
Date:
Date:
ACKNOWLEDGEMENT
Project work is never the accomplishment of an individual. Rather, it is an
amalgamation of the efforts, ideas and co-operation of a number of entities.
The completion of the project study that follows seemed to be a distant goal,
had it not been for the contributions of a number of people.
I extend a sincerest thanks to my project guide __________________
whose expertise paved the way for realization of the study objectives. The
Guide helped me a lot in each stop of the project and pointed out the area,
which needed more stress and coverage.
The pearls of learning obtained during the course of the project would surely
go a long way in shaping my career.
___________________
TABLE OF CONTENTS
EXECUTIVE SUMMARY
INTRODUCTION
COMPANY PROFILE
INDUSTRY PROFILE
12
LITERATURE REVIEW
16
56
57
58
RESEARCH METHODOLOGY
59
61
68
RECOMMENDATION
78
CONCLUSION
79
EXECUTIVE SUMMARY
Never before has the rapid increase in new knowledge and technology and
in the base of change and itself demanded a learning response as great as
what is now required to remain competitive. Today individuals and
organizations must become continuous learners to survive and hence it is
not surprising to find that most successful organisations operate in a
continuous learning mode.
The
challenge
of
globalization,
technological
innovation
increasing
of both the individual and the organization into days highly dynamic and
competitive business world through a comprehensive study and analysis of
the latest training and development techniques.
In terms of training design the trainer needs to be alert to the demands made
by:
learning
behaviour
results required
INTRODUCTION
Every organization needs well-trained and experienced people to perform
the activities that must be done. A job in today's dynamic organizations have
increasingly become complex, the importance of employee education and
training has increased. When jobs were simple, easy to learn and influenced
only a small degree of technological changes, there was little need for the
employees to upgrade their skills. But the situation has drastically changed
today. Instead, rapid job responsibilities are occurring, requiring employee
skills to be transferred and tuned.
Training is a learning experience in that; it seeks a relatively permanent
change in an individual that will improve the ability to perform on the job.
Training can involve changing of skills, knowledge, attitudes and behaviour.
Training is a prerequisite to improved performance as preparing human
resources for new jobs, transfers, promotions or change over to modern
technology as equipment. In addition to training of new entrants, manpower
at all levels require refreshers' training from time to time to avoid personal
obsolescence and improving competency to hold higher positions. Filippo
Lucidly discussed several advantages that stem from training. This includes
increased productivity, heightened morale, reduced supervision, reduced
accidents and increased organizational stability and flexibility. With the
increase in skills, there results an increase in both quality and quantity of
performance. The individuals who are equipped with the requisite training
accomplish the basic human needs such as security and ego satisfaction.
Trained employees can perform their work effectively even with little
supervision. It has been recognized that more errors are caused because of
inadequate preparedness on the working conditions. Adequate training on
job skills and positive attitude is likely to minimize rates of errors
considerably. The ability of the organization to maintain its effectiveness
despite the loss of key persons can be accomplished by keeping a reservoir
of trained replacement.
COMPANY PROFILE
of
information
technology,
knowledge
and
competition.
comprehensive IT plan is being put in place and the skills and knowledge of
the Bank's personnel are being upgraded through a variety of training
The Bank has rapidly expanded the ATM network considering the fact that
ATMs have become the most acceptable delivery channels. As at
25.06.2009 the Bank has got a network of 1119 ATMs, spread across 519
centres.
The Bank is a member of VISA International, which extends the usage reach
of our ATM/Debit Card holders to over 28700 ATMs in the country and over
1.2 million ATMs across the globe. Our cardholders can also transact at
Member Establishments (MEs) numbering over 3.5 lakhs in the country and
over 2.84 crores across the globe.
The Bank is also a founder member of the "CashTree" consortium with 5
other banks since 2003 formed with a view to extend the reach of the
cardholders and to enhance customer convenience. Presently, 13 Banks are
members of the network thereby increasing the total number of ATMs under
the "CashTree" network to over 4300.
CASHTREE
INTERNET BANKING SERVICES
Internet Banking, which is emerging as an all-pervasive channel, is gaining
acceptance amongst our clientele. The number of users has increased
considerably. In addition to the basic services of account details, statement
of accounts etc., the following services are provided to enhance customer
service
e-ticketing for Railway ticket reservation
Utility Bill payment through Internet banking
Payment of Direct & Indirect Taxes - for both individuals and Corporates
ANY BRANCH BANKING SERVICES: [ ABB ]
Any Branch Banking transactions at attractive rates are available to all CBS
customers
Free encashment of self cheques upcountry ( limits apply).
the customer should re register for the services as per the procedure laid
down for the same.
v) Any change in the business rules of any of the processes will be notified
on Banks website www.syndicatebank.in which will be construed as
sufficient notice to the customer.
vi) In the case of a joint account where mode of operation is Either or
Survivor authorized person can use the facility. The transactions in such
accounts shall be binding on all the joint account holders, jointly and
severally. Accounts where mode of operation is joint as also accounts in
the name of minor or where minor is a joint account holder are not eligible
for MBS.
vii) The Bank reserves the right to reject a Customers application for MBS
without assigning any reasons.
viii) The Bank shall suspend the registration of any Customer if the facility
has not been accessed by the Customer for three months or more. If the
facility has not been accessed for six months or more, the registration of the
Customer will be cancelled.
ix) The Customer can request for termination of the Facility by visiting the
branch and giving a written request. The Customer shall remain accountable
for all the transactions on the designated account made request prior to
confirmation of any such cancellation request.
x) It shall be the Banks endeavor to give a reasonable notice for withdrawal
or termination of the facility, but the Bank may at its discretion withdraw
temporarily or terminate the facility, either wholly or partially, anytime without
giving prior notice to the customer. The facility may be suspended for any
maintenance or repair work for any breakdown in the Hardware/ Software for
MBS, any emergency or security reasons without prior notice and the bank
shall not be responsible if such an action has to be taken for reasons of
security or emergency.
xi) The Bank may also terminate or suspend the services under the Facility
without prior notice if the customer has violated the terms and conditions laid
down by the Bank or on the death of the Customer when brought to the
notice of the Bank.
REAL TIMEGROSS SETTLEMENT (RTGS System)
For instant transfer of funds
Real Time Gross Settlement (RTGS) is a technology based initiative for
improvement of Payment & Settlement System linked to the funds
management. RTGS is a gross settlement in which both processing and final
settlement of funds transfer instructions take place continuously i.e. in real
time and transfers are settled individually against the present clearing
system. RTGS settles payments on a transaction basis instead of on net
settlement basis adopted presently at clearing houses. The funds transfer
through RTGS is instant, final and irrevocable. Range Transaction Charge
INDUSTRY PROFILE
revolution
the
banking
industry
has
also
undergone
tremendous change in the last 5 years. The market, which was largely
controlled by the public sector banks, has now been facing stiff competition
not only from foreign players but also from the new generation private sector
banks. The rules of the game have been changing with the RBI introducing
new norms to make banks more accountable and to adopt the practices
followed worldwide.
Most of the banks have now been trying to function on the concept of a
Universal Bank. Apart from the traditional functions of a commercial bank,
they are taking steps to build themselves into a one stop financial centre
wherein all the financial products would be available. Banks have started
catering to the retail segment to improve their deposit portfolio. In order to
have a maximum share in this segment, most of the banks have been
introducing new products. The delivery channels have also been shifted from
branches to ATMs, phone banking, net banking etc.
Banks traditionally involved in working capital financing have started offering
consumer loans and housing loans. Some of the banks have started offering
travel loans as well. Retail financing is the other area where the banks have
started to concentrate. The loan formalities too have been relaxed to a great
extent and sanctioning time has been speeded up.
b) Growth and present status of the industry.
2011
2013
2015
7140
8132
8729
9928
Demand
1174
1273
1266
1347
Time
5966
6859
7463
7498
3688
4358
4667
4779
Food
168
256
320
373
non-food
3520
4102
4347
4399
Investments
2545
3088
3332
3347
govt. sec
2232
2784
3023
3038
313
304
309
314
Cash in hand
43
53
53
57
635
574
631
656
Cash-Deposit ratio
9.50%
7.70%
7.80%
7.80%
Total deposits
Investment-Deposit ratio
35.70%
38%
38.20%
38.20%
Credit-Deposit ratio
51.70%
53.60%
53.50%
53.50%
LITERATURE REVIEW
Thus,
human
resources
represent
the
quantitative
and
qualitative
and
interactions
with
the
environment.
Family
(iii)
(iv)
(v)
(vi)
The term human resources is wider than the term personnel. Human
resources include all the dynamic components of all the people at all
Skills
Training activities nowadays encompass activities ranging from the
acquisitions of a simple motor skill to a complex administrative one. Training
an employee for a particular skill is undertaken to enable him to be more
effective on the job. For instance, new workers can be trained to achieve
levels of output attained by experienced older workers. Similarly existing
workers whose levels of output are below par can be retrained.
Attitude
Through orientation (induction) programmes, organization develops attitudes
in new employees, which are favorable toward the achievement of
organizational goals. Training programmes in industry are aimed at moulding
employee attitudes to achieve support for company activities, and to obtain
better cooperation and greater loyalty.
Knowledge
Training aimed at imparting knowledge to employees in the organizations
provides for understanding of all the problems of modern industry. This
knowledge for a worker is specific to his job, and related broadly to plant,
machinery, material product, and quality and standard of product. Knowledge
for managerial personnel may be related to complexity of problems in
organizing, planning, staffing, directing and controlling.
In general, training initiated for imparting knowledge to employees should
consider three aspects:
1. Knowledge in general about factory and work environment- job
context
2. Specific knowledge related to job- job content
3. Knowledge related to quality and standards of product or quality of
work.
Areas of Training
Areas of training can be classified into the following categories:
1. Training in company policies and procedures (induction training)
2. Training in particular skills.
3. Training in human relations.
4. Managerial and supervisory training.
5. Apprentice training.
Apprentice Training
The apprentice act 1961 was based on the philosophy of providing some
technical training for unskilled people in order that their employment
opportunity is enhanced, or alternatively to help them be self-employed.
Industrial organizations in specified industries are required to train
apprentice in proportion to their workforce in designated trades. The duration
of training is one to four years.
Motivation
A trainee needs to have a desire to learn and benefit from the programme. If
he is not interested, or is de-motivated, then the learning outcome is going to
be insignificant and the company will have spent its money badly. On the
other hand, being too intense about learning and outcome may result in
setting over-ambitious goals for the individual.
Reinforcement
Following on the concept of motivation is that of reinforcement. For learning
to take place and be internalized to the desired extent, a trainee is rewarded
or given some encouragement. This reinforcement, or the acknowledgement
that what has been acquired is desirable, can be either an extrinsic or
intrinsic reward- external praise or some tangible reward, or the individuals
feeling of a sense of progress. Current stress is on positive support and
helpful behavior, even when mistakes are made.
Feedback
During the training process, it is useful for the trainee to be told how he is
progressing. The knowledge of results is, several researchers have
confirmed, an effective motivator. Constant and periodic feedback has
positive effects on the trainees learning. Unless the trainee knows how close
his performance comes to the desired standard, he will not have an
opportunity to improve. Feedback, therefore, provides a basis for correcting
oneself. Secondly, feedback helps to sustain the trainees interest in the
task, or in the learning that is taking place, by bringing greater involvement
with the learning process. If feedback is to be meaningful, it should follow a
learning segment as quickly as possible.
Transfer of Training
The maximum use of training can be made if the trainee is able to transfer
his learning to his actual work role. This is possible if elements are
incorporated in the training situation from the job role, either existing or
proposed. The more similar the learning situation is to the job situation, the
higher the degree of transfer the trainee can expect, and hence the greater
the relevance of the training programme.
Repetition
Repetition etches a pattern into our memory, e.g., when one studies for an
examination, it is necessary to repeatedly go over ideas so that they can be
recalled later.
Relevance
Relevance relates to the meaningful use of material, which aids learning,
e.g., trainers usually explain in the overall purpose of a job to trainees before
assigning them a particular task.
Training Policy
A company's training policy represents the commitment of its top
management to training, and is expressed in the rules and procedures that
govern or influence the standard and scope of training the organization.
Training policies are necessary for the following reasons.
1. To highlight the firm's approach to the training function, provide guidance
for design and execution, and to provide information regarding
programmes to all employees.
2. Formulation of policy helps in identification of priority areas in training,
and since resources are scarce, they are prioritized according to felt
needs.
3. A training policy document helps to communicate the firm's intent
regarding an employee's career development, and also gives the
employee the opportunity to better his prospects through training.
Training helps employees to learn their jobs and attain desired levels of
performance speedily thus cutting costs and contributing to better
utilization of machines and materials, for example in workers' categories.
knowledge, thus enabling them to develop and qualify for higher posts.
Such practices create favorable attitudes towards the organization, which
could result in better adjustment and commitment to one's work and the
organization. Thus cooperation could help reduce employee turnover,
absenteeism, accidents, dissatisfactions and grievances.
-
Training Methods
Training methods are a means of attaining the desired objective in a learning
situation. Given background work such as identification of training needs, a
programme design and its duration (based on these needs), it then becomes
pertinent to analyze and select the best method or combination of methods,
given the several constraints, to attain the programme objective. The choice
of a method several constraints, to attain the programme objective. The
choice of a method would depend on a wide variety of factors, such as
competence of instructors, relevance to the participants, the programme
design, i.e., is a particular method the best vehicle to put across the
contents, and finally its cost implications.
Numerous training methodologies and techniques have been developed
over the years to meet certain specific needs. Each method has structured
procedures for conduct that offer certain advantages in developing certain
limited facets of a trainee, and suffer from some limitations.
In using a particular method, one should know its strengths and
weaknesses, given the situation, and analyze its relevance, its purpose, and
if it is useful, how to get the most out of it. This would provide the rationale of
the various training methods. The trainer should know the rationale of each
of the methods before attempting to use any of them.
Objectives of Training Methods
Demonstration Value
Complete demonstration of job requirements is training of a kind that
enables the trainee to grasp the meaning of ideas, concepts, or procedures
visually. Such a method can be used effectively as an aid to overcome the
"breakdown of communication". People remember things that they see and
hear, much longer than they do information they receive through talks or
reading, alone.
Developing Interest
One of the factors to be kept in mind in choosing a method is its ability to
hold and arouse the interest of the trainee in the learning situation. Much
research has been done in the field to test the effectiveness of various
methods. A trainer has to consider alternative methods of presenting training
material to participants in order to stimulate their interest and facilitate
retention of the matter. For instance, if traditionally the matter has been
presented through lectures, perhaps audiovisual methods could be used, or
instead project work be assigned which would mean learning by doing or
researching the subject oneself.
and taste. From the trainer's point of view it would be beneficial to utilize as
many of the trainee's senses as possible, in order to improve retention of
learning.
Application of these basic objectives or guidelines alone would not be
enough. For the appropriate use of a method, problem analysis and needs
identification are also necessary.
The trainer has to understand and identify the problem area; what is wrong,
and where is the correction needed? He has to examine whether there is a
problem with the manner in which the task is done, i.e., an operational
problem, or whether there is a problem with an individual or individuals, i.e.,
a human-relations problem.
Secondly, selecting the appropriate method would be dependent on the level
of the trainee in an organizations' hierarchy-is he a shop floor worker,
supervisor or a manager?
Finally, before selecting a training method, the trainer should keep the mind
cost effectiveness.
Classification of Methods
Depending on the learning outcome, and the process by which it is attained,
it is possible to categorize the various methods into several groups.
Simulation Methods
Real-life situations are simulated for imparting training. The methods falling
in this category are:
1. Role-play.
2. Case method.
3. Management games.
4. In-basket exercise.
Role Play
The role-play method requires participants to enact roles on the basis of a
written script or an oral description of a particular situation. The enactment
process provides an insight and understanding of the demands and
situations of the assigned role, thereby facilitating empathy with another's
(actual) role. The main emphasis in management training is in facilitating
better understanding of interpersonal problems, and attitude change. If not
handled well, however, it could degenerate a childish exercise, where,
instead of focusing on the problem to be understood, the situation might be
over-dramatized.
Case Method
The case is an actual situation, which is written for discussion purposes.
Analysis would need problem identification, analysis of the situation and of
its causes. There could be several solutions to the problem, and each of
these alternatives and their implications needs to be examined. In the real
world, on many occasions, a manager may not have all the relevant
information with him before taking a decision. Similarly, the case method
approximates this reality and in many situations decisions are taken with
limited data, or what is termed decision-making under uncertainty. The
managerial response in such a situation is explored and understood and
learning consists of developing problem-solving skills.
Management Games
The game is built around the model of a business situation and trainees are
divided into teams representing the management of competing companies.
They simulate the real-life process of taking operation decisions. Decisions
taken are analyzed by a computer, or manually, and a series of the
implications of these decisions are fed back. The game is played in several
rounds to take the time dimensions into account.
In-basket exercise
This is a simulation training technique designed around the "incoming mail"
of a manager. A variety of situations are presented which would usually be
dealt with by an executive in his working day. His reactions and responses
are taken down in writing and then analyzed. Feedback on his decisions
forces him to re-consider not only his administrative actions but also his
behavioral style.
Knowledge-based methods
In this method of training, an effort is made to expose participants to
concepts and theories, basic principles, and pure and applied knowledge in
any subject area. Basically, it is aimed at creating an awareness of the
knowledge of fundamentals. The focus is essentially transmission of
knowledge which has to be imbibed by the participants. The methods in this
category are:
1. Lectures.
2. Seminars, workshops.
In-Company/External Programmes
The company needs to formulate its thinking regarding participation in
programmes offered by external agencies like educational management
institutes, government institutions and consultant programmes, vis--vis
conducting its own in-house programmes. Where employee numbers are
small, it may not be worthwhile to set up a training establishment and
conduct in-house programmes, but as the numbers increase, this options
may offer a distinct possibility. There is the cost aspect to be considered: for
the cost of sending a participant to an external programme, several
employees could be trained within an organization. Yet, the advantage of an
external programme would be a breath of fresh air through discussions with
other participants and a fresh approach could be brought into the
organization and its problems. The skills and techniques learnt might also be
different from those offered by one's own in-house programmes.
Training Budgets
Evaluation of Training
Evaluation of any activity is important, since in evaluating one tries to judge
the "value or worth of the activity, using the information available".
What is the purpose of evaluation? Evaluation, by bringing to the fore
"weaknesses and failuresstrengths and successes," helps to improve
training methods. Evaluation helps management to answer the following
questions
-
Reactions from trainees about the training programme can help identify its
strengths and weaknesses. These reactions can be used as a base for the
questioning". This method allows for more precise information and details to
be obtained and prevents ambiguity, especially in interpretation.
The final method is that of collecting the observations and recommendations
of instructors through surveys and interviews "to ensure that the system is
consistent with the needs of the implementers of the training". Interviews
with instructors will bring to the surface characteristics that instructors may
feel reluctant to put down on paper.
Casual conversations
Formal interviews
Direct observation
Work samples
Written records
Surveys
Tests
Focus groups
A professional trainer can be hired to perform an analysis but its not just a
technique for trainers. Everybody should be trained in this simple process.
Its a supervisors or a managers job to make sure people can do their jobs.
To do training needs analysis the following steps should be followed:
Study current performance: Before tying to change anything, its essential
to know what is already happening. What skills and knowledge do
employees already have? What tasks are they performing on their daily
jobs?
Find the gap: What is the difference between the definition of ideal
performance and what the employees are currently doing? Are there any
areas that arent functioning as well as they should? Where are there
opportunities for improvement? This is the performance gap that the
company is trying to fill. One must look for problems or opportunities that
may occur in future as well as ones that already exist.
Identify the cause: Why are workers not working up to standard? Have they
ever performed the job correctly? Where and when do the problems occur?
Has anything changed recently that might have instigated the problem?
Compare best and worst performers to find the differences in what they do.
When these steps have been completed one should be ready to make
diagnosis, but it must be remembered that training is not the only medicine
for ailing performance. Although it is often mistakenly applied as a cure- all,
the only problem that training can solve is a lack of skills and knowledge. Do
employees know how to do the job? Could they do it if their lives depended
on it? If so, probably there is no training problem. There are many reasons
why a worker might not be doing his job correctly, including unclear
expectations, insufficient feedback, lack of incentive and adverse working
conditions. These are all management problems that can only be improved
by management changes.
Too often, people see the gap and they want to just leap right in and fix it.
The key is not to jump to the solution, which is assumed to be training.
Understanding the situation is the first step. Then, once one understands the
situation one can think about why (The problem exists). Only if its because
(employees) lack skills and knowledge should training be considered as a
solution.
TRAINING & TRAINING NEED IDENTIFICATION
Training: After the best applications for the available positions have been
selected, the staffing process is almost complete. Now the retail firm
must give the selected applications the knowledge and skills they need
to be productive employees. The process of bringing a new hire up to
speed is called employee training. Knowledge of companys policies and
procedures and of the stores products and services is basic to all
positions. So are an understanding of the stores customers and their
needs and desires, knowledge of competitive retail offerings, and basic
information about dress codes, sick leave, parking, and scheduling.
Basic information about the firm usually is spelled out in the employees
handbook. The firm should make the employee handbook available to new
employees as soon as they are hired. The Whole Foods Market, whose
highly regarded handbook was mentioned earlier, includes key aspects of
the firms strategic plan. Employees of the firm found the material so helpful
that they suggested new hires take a quiz on the information to determine
whether they understand it. Whole Foods follows the legally recommended
practice of keeping a file of signed forms indicating that employees have
received and have had the opportunity to read and understand the company
handbook.
The difference between the knowledge and skills the job requires and those
the new hire possesses will depend on the individual. A person who has
worked for the store in the recent past will need little training, whereas
someone with no experience in retailing will needs a great deal. To avoid
moving too quickly for some employees and too slowly for other, some firms
have structured their training programs in units so that materials can be
skipped or repeated as necessary. The key to successful training is to
ensure that new employees get the information they need early in their
careers. Unfortunately, reduced profits and high employee turnover have
forced some companies to reduce the time and money devoted to training
a move that almost guarantees human resource problems.
new knowledge
and
skills as job
responsibilities, products,
Employees Actual
Level
Employee
Training
Employee
Development
For example, a company might have a target to give each of its employees
five days of training every year. Depending on what is considered to be
training, one company might say it is providing three days of training and
another company might claim nine days- even though both companies
Distance learning,
Computer-based training,
On-the-job training,
External courses,
Large-scale workshops,
Attendance at seminars,
Attending conferences,
Evening classes,
Further education,
Assignments,
Some of the above activities, such as classroom training and computerbased training, would always be considered as training. Activities such as
exhibitions, conferences, assignments and reading would not usually be
classified as training.
Clearly on-the-job training should be considered as training, but surely not all
of the time spent under supervision should qualify for the employees hours
of training. The conclusion we came to was that the time spent on producing
usable output should not be included in the training time.
Without a definition of training, deciding whether an activity should be
recognized as training becomes very subjective. The working definition of
training that I use is:
Training is the transfer of defined and measurable knowledge or skills/
From this definition it can be seen that training activities should have
objectives and a method for checking whether these objectives have been
met.
Training, defined in this way, deals only with changes in behaviour and
knowledge. Some definitions include changes of attitude as part of training. I
have not included attitude change within the definition because, apart from
being incredibly difficult to measure, it is the environment and culture of a
important part to play in this, an can help create the environment in which
attitudes can change, but training alone will not change anybodys long-term
attitude.
Select trainers
Select trainers
Identify location and
resources
Finalize budget
Finalize training
plan
Select trainers
Pre-course admin
Prepare course
Deliver Course
Validate training
Post-course admin
Transfer learning
Evaluate training
Revise course
Select courses
Needs
Training
Skills
and
knowl
edge
Training
Customer
Requirements
Assessment
Actions
Busine
ss
strateg
y
Organizational
Individual
Training Strategies
The training process is a cycle that you need to manager continuously. You
respond to needs. You ensure that the training is aligned with the business.
The cycle time is short term-usually no longer than a year. Managing the
training process is essentially operational or tactical.
If we always manage training at this level we are in danger of being reactive
rather than proactive: starting and stopping training programmes or perhaps
even failing to deliver anything.
We need to have a clear idea of how we are going to deliver training over a
longer period. Training needs analysis and training policies provide the what
and the how much. A training strategy provides the long-term orientation.
To put a training strategy together you should have a vision of what training
in your organisation should look like in, say, five years. You should then map
out the years and the key milestones along the way. When you are putting a
training strategy together you should ask yourself the following questions:
Every time you cycle through the training process you should re-examine
your training strategy to see if it still holds up in the light of new training
identify needs,
Evaluate needs.
Identifying training needs is the starting point for managing the training
process. Yet this is often one of the last steps to be considered seriously
probably because a proper needs analysis is both difficult and time
consuming.
Initially, it might be quicker and easier to forget about analyzing the needs
and have your customers pick and choose from a catalogue, but this will
ultimately lead to frustration and inefficiency.
Identifying training needs is not just a matter of finding the need and them
simply satisfying it. There are often conflicting requirements from different
interests within the company. The development needs of the individual have
to organisation. These needs, once identified, have to be matched to
appropriate training courses.
Sometimes there is a feeling that training will always be the solution for
every identified development problem. However, there is not point in
providing training if training is not an appropriate solution. When this is the
case the training manager has to be brave enough to say that it is not
appropriate and creative enough to suggest alternative solutions.
NEEDS IDENTIFICATION
Needs identification has to balance corporate demands, policies and
strategies as well as individual and organisational requirements. Figure
outlines a process that balances these requirements. It shows that corporate
policies and strategies should be the umbrella under which individual and
organisational training needs are identified. This helps to ensure alignment
of training activities with the business direction.
Identify
departmental
needs and skills
for each job
Identify
mandatory
training
equal opportunities,
empowerment,
harassment,
financial responsibility,
they
have
been
developed
centrally
for
company-wide
implementation.
Identify business needs
Policy deployment and the training forum are two essential tools for
identifying business needs. Policy deployment and the training forums role
in defining the basics of the training process are both covered.
Policy deployment is the process by which a companys strategies are
communicated to its organisations. An organisation then determines what it
need to achieve by understanding its part in the company' strategy. The
what should be measurable and take the form of goals or objectives.
Once an organisation has determined what it has to achieve, it then has to
decide how these objective will be met. Once the how has been identified it
is possible to determine the skills and knowledge the organisation will
require.
The training forums role at this stage of the process is to:
ensure that training plans are aligned with the companys direction,
The training forum comprises training managers and other interested parties
who meet to discuss training plans. They also identify opportunities for
MAY
Overall
Requirements
Departmental
FORUM
MEETING
(Preplanning)
JULY/AUGUST
Departmental training
plans prepared
OCTOBER
FORUM
MEETING
(Plan
review)
Training plan
prepared
Requirement
s
to consider bottom-up training requests and to make sure that both sources
of training requirements complement each other. Individual training
requirements come either from direct requests or as a result of appraisal
discussions.
Because these development plans are always up to date, the training needs
analysis can be done at any time of the year. The training administrator can
request copies of the current development plan when the needs analysis has
to be done.
In its simplest form, identifying the training required for each job involves:
1. Identifying the skills required to do a job.
2. Comparing the required skills to the current skills level of the people who
will be doing the job.
It is training's function to bridge the gap between current and required skills.
The skills and knowledge required for every job should be documented. You
should also document the courses that a representative person will need to
reach the required skills level. This makes it easier to select the correct
courses. A representative person is the type of person you would normally
employ to do the job.
The basis of identifying and documenting the required skills is the 'job
description'. a job description should include the tasks that have to be
performed and the outputs that have to be produced by the job holder.
Outputs are products or services that ate handed on to someone else. An
output should have a standard or specification attached to it so that the
quality of the output can be measured.
The next step is to prepare a 'person specification' from the job description.
A person specification describes the ideal person to fill the job. It is a profile
of the required personal skills and characteristics. These skills and
characteristics are also known as competencies.
For job descriptions which cover a large number of employees it is worth
producing a 'training specification matrix'. This matrix describes the training
courses that correlate to the skills described in the person specification.
You shouldn't be surprised if all this sounds rather familiar. It is exactly the
same as the recruitment processes the only difference being that we are
developing existing people to fit the person specification rather than
recruiting the 'ideal' person.
If you are recruiting to fill a vacancy, you may not be able to find anybody
who fits the person description. You might also want to give people who do
not yet meet the person specification a chance to work at a higher level. In
such cases you will need to provide additional training to bring these people
to the required level.
A training record should not only list the courses a person has attended but
also the training a person needs. It is easier to prepare a training plan if the
record gives a range of dates for when the training is required. The potential
need can be in the form of either a course or a skill.
It is important that the training record is a live reflection of current training
requirements. It should be revised any time a new training requirement is
identified. This can be after appraisal, when a training request form is
received or after an individual has attended an assessment centre. This
means that an up-to-date training plan can be pulled off the system at any
time of the year.
A training record shows the training that individuals have completed and the
training that they need to do. The next step is to sift through all the training
requirements so you can evaluate the needs and estimate the amount of
training that needs to be done. This can be done manfully, but it is much
quicker if you have computerized training records.
A computer can produce training requirement reports that list:
Needs evaluation
Counseling
Counseling is a critical skill for managers and it is especially important when
training needs are being identified. The steps in the counseling process are:
1. Set climate.
2. Set expectations.
3. Seek counselees views of strengths and weaknesses.
4. Agree a development plan.
5. Summarize.
How many people can you afford to have absent from one department at
the same time?
What other claims are there on the budget you need to deliver the
training plan?
You can discuss what the demand and training load mean to avoid nasty
surprises later in the year. You can get agreement to the proposed budget.
you can discuss issues. You can discuss whether all the requested training
is appropriate.
challenge
of
globalization,
technological
innovation
increasing
RESERCH METHODOLOGY
The information required for this project study is collected both through the
primary as well as secondary source of data.
Tools for Data Collection
Primary sources of data
Questionnaire
Questionnaire method for primary data collection is being used to collect
information that is relevant for the objectives of the study.
The questionnaire is mix of both open as well as close-ended questions and
questionnaire consist of 9 questions.
Basis of Questionnaire
The questionnaire is made on the basis of the following parameters. These
are:
Interview
In depth interview with the employees who are unable to work on the
questionnaire and the training manager will be conducted in order to know
about the training practices being followed at the Syndicate Bank.
Sample Size
30 Employees of Syndicate Bank
Data Analyis - Statistical Tools to be used
i)
ii)
Histograms
There may be biases on the part of the Managers and Staff while
providing the information. This is not directly affect the study but it has
some impact on the conclusions.
All efforts are made to get all the relevant information's required for this
study and presented in this project.
It Future
Requirement
Different
I. New Recruits:
New
recruits
go -samethrough
an
Induction
programme
System
if should
provide
Linkage
from
Recr.
Module
Introduction
routing to be
provided by the
system
Recording
of
Induction
programmes
and attendees
Recording
of
Training Details
for
each
attendee
Drawing
up
Introduction list
from
recruitment
module
Recording
of
Introduction
and attendees
Recording
of
Training Details
for
each
attendee
Syndicate
Bank
to
Give
Sample
Programme
schedule
Position
chart
Recording
Format
Recording
Format
Recording
Format
Recording
Format
Sample
Training
Needs
Sample
Training
Needs
Appraisal
Format ISO
System
to Formats
provide
data
Appraisal Training
from previous
Needs Analysis
cycle
training
The appraiser at the The
appraiser need identified
end of the appraisal should complete and
training
session, completes
programmes
the Identification of
attended,
Training
Needs
form.
HoD collects and The ISO form, Action
plan
sends these forms which
could generated,
to Corp. HR
replace
the completed and
Corp. HR copies Identification of rated
each form onto an Training Needs
ISO
format
and Form
sends it back to the
appraiser
for
signatures
Format for
Appraiser sends it -samecollation
back to Corp. HR
Automatic
Format for
duly signed
-samecollation needs deciding on
Corp. HR collates
and
planning batches
and
sorts
the
out of training (e.g.
Not
training needs.
batches
for more than
each subjects
x number
from
a
location,
grouped by
grades/loca
tions etc.)
Calendar
format
Nomination
To be done by Nomination list Nomination
HR
decides
on HoD, based on to be generated format
nomination
of
employees
across
the company for
Training
Programmes, based
on training needs
generated in the
appraisal.
HR
sends
the
nominees names to
respective
HoDs
and
letters
to
nominees
Training Session
Training programme
Held
Feedback
from
Trainee obtained
Action plan follow
through
after
3
months
Following
records
updated:
Training Record
Training Card
training calendar
and
list
of
persons
with
similar
needs,
both
to
be
provided by HR
by
system
highlighting
training
completed
against budget,
past
year
training data.
HR to send
nomination
letters,
addressed to
employee, to
handed over
the HoD.
Sample
System
to Letter
generate letter
the
the
be
by
-same-same-same-same-same-same-same-
Complication of
feedback
Average
feedback
scores
of
faculty, faculty
record updation
system trigger
and mails to be
sent out
Snapshot
history to be
stored??
Generation
of Number
of System
Training
Reports training
days generate
Does not exist at attended
by reports
present
given employee
against
given
budget:
Of 2 days per
employee
in
plants
7
days
per
employee in Mkt.
2
days
per
employee
in
Corp.
Feedback
format
Action
plant
format
Action plan
follow
through
format
Training
record
format
Training
Card
format
to Report
all format
to
be provided
Number
of
training
days
completed
by
give
unit/location/dep
artment/group
against budget.
Number
of
training
days
completed
by
company as a
whole
against
budget.
Parallel Processes -same1. Vendor Selection
The
vendor
for -sametraining programes
can be either a
company
or
a
faculty member.
In
case
of
a -samecompany, the
Concerned faculty
members profile is
sought
In all cases faculty -sameis first given a pilot
programme
If average rating in Faculty card and
feedback sheet is faculty record to
4.2 or avove for be
created,
normal programmes similar
to
(or3.5
for Training
card
confrontational, lab and
training
type programmes), record.
faculty is finalised.
Parallel Process
-sane2. Internal Faculty
(Trainer) Selection
There is a Train the -sameTrainer programme
which results in a
certification process
at the end, for all
internal faculty
System
to Profile
crosscheck
format
Profile against
template??
Initiate
and 2 Formats
maintain
company
and
faculty record
Maintain
Certificatio
records
of n format
internal trainers
and
prompt/suggest
names
while
compiling
programme
batches
The goals of HRD system at Syndicate Bank are realized through various
sub systems practiced on the company. They are as follows:
Performance appraisal
Suggestion scheme
Training
Awards
Employee participation
Communication policies
TRAINING OBJECTIVES
High premium is placed on training and development activities in the
organization keeping in view the following objectives
To prepare employees the job meant for them while on first application,
on transfer or on promotion and impact to them, the required skills and
knowledge.
TRAINING SET UP
Main thrust areas of training
External programs
Overseas programs
Training of trainees
Apprentrenship training
TRAINING POLICY
Formulation of training policy.
12
10
8
6
4
2
0
Less than 5 years
6-7 Years
Q.2. DESIGNATION
30
No. of employees
25
20
15
10
5
0
Senior managerand
above
Senior officer to
assistant manager
Designation
12
10
8
6
4
2
0
Less than 5 years
6-7 Years
35-45 Years
Morethan 45
Years
Senior
assistant
manager and
manager
above
Upgradation of abilities
Preparing
Develop
for
assignments
future
in
same
position
specific
abilities/
competence
It is seen from the analysis that both the levels of employees think
that upgradation of training and training for allied fields is the least
important.
While senior officers to assistant managers feel that preparing for
transfers is the second most important purpose of training senior
managers
and
above
feel
that
developing
specific
abilities/
Senior
officer to
Asstt. Mgr.
74.5%
Senior Mgr.
and above
35.3%
Senior
officer to
Asstt. Mgr.
64.7%
TRAINING DEPARTMENT
Senior
officer to
Asstt. Mgr.
40%
Senior Mgr.
and above
60%
73.68% of senior officers to assistant managers felt that training needs are
identified through performance appraisal whereas only 2.6.31% of senior
managers and above felt the same.
66.63% of senior officers to assistant managers felt that discussion
with superiors is a method of identifying training needs whereas
36.36% of senior managers and above felt the same.
40% of senior officer to assistant managers felt that training needs
are identified by the training department and 60% of senior
managers and above felt the same.
Hence a significant difference in perception exists between the two
levels when it comes to identifying training needs.
The analysis also shows that none of the employees at both such
felt that after job rotation was a means of identifying training needs.
RECOMMENDATION
to
ascertain
whether
the
above
idea
behind
the
training
than
just
investing
money
on
various
training
CONCLUSION
analysis
has
depicted
what
common
training
and