Global Journal of Commerce & Management Perspective · 2013 · 134 citations · 15 references
ManagementHuman Resource ManagementOrganization StudiesOrganizational LearningWorkforce DevelopmentWorkplace LearningEmployee DevelopmentEmployee TrainingHuman CapitalHuman Capital DevelopmentHuman Resource DevelopmentSkill FormationCompetitive EnvironmentEmployee ProductivityEmployee Skill DevelopmentInvestment In TrainingMarket EnvironmentProductivitySystematic Literature ReviewTraining
In competitive markets, training is viewed as essential for developing human capital, which differentiates strong organizations and yields short‑ and long‑term benefits. The study reviews literature on how training and development affect employee productivity and argues that effective program management is essential for maximizing returns. The authors review existing literature to identify how training and development serves as an instrument to enhance human capital dexterity. The review concludes that training and development is vital for workforce productivity.
Training has become the buzz word in the dynamic competitive market environment.Human capital differentiates a great organization from a good one. Organizations investing in effective training and development for human resource tend to achieve both short and long term benefits. This study presents a literature review on the significant of training and development on employee productivity. Employees tends to become absolute, and therefore making the need to adapt to the continuous learning and updating of the skill and knowledge invaluable, due to the organizational, technological and social dynamics. Thus, in order for organizations to achieve optimum returns from their investment, there is imperative need to effectively manage training and development programmes. However, the most vital asset of every organization under stiff and dynamic competition is its human capital. Training and development is an instrument that aid human capital in exploring their dexterity. Therefore training and development is vital to the productivity of organization's workforce.
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