Employee Training And Development
Employee Training And Development. As organizations all over the world are in a fierce competition to achieve success and to survive in the global economy, differentiation in terms of the skills, knowledge, and motivation of their workforce takes on increasing importance.The American Society for Training and Development (ASTD), in one of their recent industry report stated that U.S. organizations alone spend more than $126 billion annually on employee training and development (Paradise , 2007). U.S. organizations alone spend more than $126 billion annually on employee training and development (Paradise ,2007).Goldstein & Ford (2002) defined the term “Training” as a systematic approach to learning and development to improve individual, team, and organizational effectiveness.Alternatively,development refers to activities leading to the gaining of new knowledge or skills in order to maximize personal growth. BENEFITS OF TRAINING FOR INDIVIDUALS AND TEAMS It...
