IMPACT OF TRAINING AND DEVELOPMET ON ORGANIZATIONAL EFFECTIVENESS AT NETWORTH STOCK BROKING LIMITED

Abstract

This study endeavors to construct a comprehensive profile of the training and
development landscape at NSBL while seeking insights from employees regarding their
viewpoints on these initiatives. A diverse range of employees, spanning from higher managerial
levels to lower tiers, participated in a questionnaire-based survey designed to capture their
perspectives on training and development programs, offered courses, training methodologies,
and program evaluations. Utilizing simple mathematical and statistical tools, the collected data
were analyzed and presented through tables and graphs to articulate the findings effectively. The
study concludes that the existing training programs are deemed satisfactory, emphasizing the
critical role of evaluating individuals who undergo training.
Several recommendations have been proposed to enhance the training department, including a
holistic approach to training for overall efficiency improvement, the implementation of
appropriate training methods, and the introduction of retraining programs. Once training needs
are identified, the subsequent step involves formulating concrete training objectives and
determining the strategies to attain them. The overarching goal of any training program is to
bridge the gap between the current and desired levels of knowledge, skills, and attitudes.
Quantitative and qualitative definitions of training objectives become instrumental in evaluating
and monitoring training effectiveness. The involvement of top management is crucial for
aligning training objectives with organizational goals, fostering a cohesive approach to skill
development within NSBL.