Human Resource Management

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Recommended: Importance of human resources function within an organisation

Organisations around the world have for years invested a great deal of their resources on employee training and development. Training and developing employees means impacting them with relevant knowledge and skills so as to use the same to propel organisational performance. This is done in order to make their work more efficient and be able to adapt to upcoming trends or be able to multitask. Training is mostly for a specific job or task and it is short term while development is long term and it encompasses general operations. Training on the other hand is technical unlike development which is more theoretical. Many profit making organisations have their end goal being increased productivity translating to increased profitability. Bearing this in mind and the immense benefits that accrue organisations, many are still reluctant to invest in this endeavour (Gratton 2007). This paper will look into benefits of training and developments to firms and employees and delve to explain why some organisations and individuals are reluctant to invest in training.

Benefits of training and development of employees

As mentioned earlier training and development of employees has numerous benefits to both a firm and its employees. One of the key benefits is that it results in higher productivity thereby increased profitability. Employees’ morale is improved which makes them identify more with the profit path and the specific goals of a business. Due to improved performance the firm creates a positive image in the process (Boxall & Purcell 2007). This in turn offers it a competitive edge over its rivals thereby being able to acquire a sustainable market leadership position. In the course of training employees, better relationships are created betw...

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... that it requires huge capital outlay and stakeholders are quite sceptical of such expenditures but in the long run it goes a long way in assisting an organisation to succeed in the increasingly competitive business arena. Firms looking into extensive growth and market presence that is sustainable cannot achieve this unless their workforce is ready for the challenge. This readiness on the other hand is facilitated by organisations enrolling their employees for training. Employees after training become more productive and organisations benefit a great deal as argued in the paper. The onus is therefore left for the management to embrace the right policies for their firms. Training and development is one that will see an organisation sustain its production and service delivery initiatives through increased productivity, quality assurance and increased profitability.

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