Examining the Impact of Training and Development on Organizational Performance: An Analysis of Strategic Fit

Abstract

Human resource management strategies that neglect training and development are doomed to fail. They're crucial because of their impact on improving workers' knowledge, abilities, and productivity, which in turn affects the company's bottom line. By raising employee proficiency levels, training and development can significantly impact business results. Effective training programs help workers learn new abilities and hone their existing ones, allowing them to do a better job. As a result of this raised level of expertise, various organizational processes may see gains in output, error rates, and overall effectiveness. Training and development initiatives also help boost morale and participation in the workplace. Staff morale and loyalty can rise when they see that their employer cares about them as individuals and their professional development. Employees who are enthusiastic and invested in their work are more likely to go the extra mile, work well with others, and improve the company's bottom line. Organizational effectiveness is greatly influenced by training and development programs. They encourage creative problem-solving and flexibility in the workplace by increasing employees' knowledge, enthusiasm, and commitment to the company's mission. Improvements in productivity, employee satisfaction, and the organization's bottom line can result from training and development programs that are well-executed and in line with strategic goals. The main focus of the study is to examine the Impact of Training and Development on Organizational Performance. In addition, the study also focuses on various factors that impact training and development in an organization’s performance and various factors that impact training and development in employee performance. Lastly, the study also examines various problems that are faced by the organization in managing training and development for employees. Organizations must see the strategic value in these initiatives and invest in them if they are to succeed in the long run.