Training Policy for Manegement of Human Resources as Fulcrum of Organisational Growth, Productivity and Development

Abstract

This paper examines the importance and needs of training in both public and private organisations.  The paper also identified eight determinants of training in organisations and the need for training policies.  In attempting to further stress the long term benefits to human resource management in organisations, it was discovered that the enunciation of training policy in organisations  in the public and private sectors will not only be the panacea to the growth of organisations but will also enhance on the long run, the productivity and development.  The paper employed the historical and content analysis methodology in this research. It revealed that historically, training has been part of man and his activities, professionally and occupationally hence he cannot do without it, else he will retrogress.  The paper discovered many benefits of training to both organisations and individual employees.  It was further revealed that in the private sector which is largely profit-driven, organisations that institute training policy will not only have long term growth and productivity, but will also have competitive edge in their various industries; while in the public service, the bureaucracy, training policy will enhance quality output in terms of service delivery to members of the public including boosting the morale of workers.  Possible benefits of training policy in organisations include improved job performance and productivity, improved quality product, introduction of new technology, while the benefits to individual employees include increase personal repertoire of skills, job satisfaction and value of employees in the labour market.  The paper recommends that organisations must see training as investment, and training policy must be indirectly embedded in their mission statement.

Keywords: Knowledge, Organisational growth, Policy, Training