Maximize ROI Through Effective Training and Development

Effective training and development have become crucial in the rapidly evolving environment of modern industry. Starting from self-learning such as observation, training and development evolved significantly over last few decades. Now companies focusing on both technical and behavioural T&D programs aiming to enhance short term job specific skills while also fostering long term career and personal growth. The emergence of new technology such as Artificial intelligence (AI) and Virtual Reality (VR) has made training more easy and effective. HRM plays a crucial role in organizing training programs by analysing training needs, designing and implementing, monitoring the progress aligning with company goals and objectives. Analysing training needs will help in organizing effective training programs with appropriate content by considering the factors such as knowledge gaps, budgets, time frames, audience and available resources. It’s important to follow up throughout the training progra...

Supporting the advancement of factory-floor associates in Sri Lanka Mas Holdings, a global apparel manufacturer founded in 1987 operates in 17 countries in Asia, Europe and the USA. The company has implemented various training and development programs to upskill the employee's performance ensuring the company goals and objectives. The HRM at MAS Holdings focused on developing both technical and soft skills and encouraged employees to apply higher levels such as team leader and group leader. In 2021 more than 1000 employees got leadership training and grew their career life as well as personal life. The majority of the workforce at MAS Holdings consists of women. Many of them are young but lack of formal education. To support their growth, HRM introduced a training program named PACE (Personal Advancement and Career Enhancement) for enhancing communication, decision making and time management skills. In 2021 more than 900 candidates participated in the training and gained signifi...

In the modern industry HRM faces set of challenges while planning, designing and implementing the training program. HRM should overcome these challenges strategically   Identify the training needs 👉Challenge HRM should carry out accurate training needs analysis to design effective training and development programs. This will be a challenge due to Unclear organization goals Communications issues Unavailability of data Difficulty in measuring soft skills Bias in self-assessments 👉Best Practices To analyze the training needs effectively organization must establish well-defined goals. The training programs should align with those objectives. If reliable data is unavailable, it’s essential to implement data collection methods such as questionnaires, surveys, interviews, and performance evaluations to gather the required data. HRM should wisely select the appropriate data collection methods to align with the different levels and categories of employees to minimize communication...