PROJECT Traning and Development
PROJECT Traning and Development
1.1 Introduction
The significance of this study is that it will provide benefit to the any organization in
understanding the importance of employee training. . The research specifically examines
the employee training and development program within DREAM PLAST INDIA
PVT.LTD. It will help to know about the aspect that trainings play a vital role in
developing employee’s working performance and it will also help in perceptive the
relation between the employee’s performance and employee trainings. In this research, it
has been observed that it will also help identify the lapses in the employee performance
due to the lack of adequate training
With the help of these study researcher can easily conclude that whether the training
pragramme was effective or not.
1.7.3.The sample size is small to reflect the opinion of the whole organization.
1.7.4. The answers given by the respondents have to be believed and have to be taken for
granted as truly reflecting their perception.
1.7.5.Analysis is done on the assumption that respondents have given correct information
through the Questionnaires.
1.7.6. Findings of the research may change due to area, age condition of economy
1.7.7.Due to the limitation of the time the research could not be made more detailed.
The domestic toy industry is a stable, low-growth industry that is also mature and subject
to a highly fragmented retail channel of distribution. The industry is highly competitive
with low barriers to entry, and traditional toy manufacturers are seeing increasing
competition from digital gaming products, digital media and products that combine
traditional “analog” products with digital play. Competitors include large and small
manufacturers, as well as marketers with strong capabilities with respect to recognizing
shifting consumer interests and bringing new products to market.
Consumer research firm NPD estimated 2012 toy industry revenues to be $16.5 billion,
although the Toy Industry Association pegged total industry revenues at $22 billion. The
TIA estimated 2012 industry growth to be 2 percent, while NPD estimated it to be
negative 0.6 percent. Both entities measured building sets -- dominated by Lego with an
85 percent market share -- as the highest growth segment of 2012 at 20 percent. Action
figures and plush toys registered the largest declines in growth during 2012. Industry
giants Hasbro and Mattel together control approximately 40 percent of the domestic toy
market. Future growth is expected to be stable and low, although growth in children aged
below 17 is expected to grow by 9 percent by 2035, which may help.
The domestic retail toy market is highly competitive. Competition from online retailers is
driving down prices, which has led to lower gross profit margins. The squeeze is
especially painful because toy sales are seasonal. Between 2010 and 2012, Toys R Us
generated an average of 43 percent of its total annual revenues during the fourth quarter.
Toys R Us is the largest toy retailer, and competes with Wal-Mart, Target, other national
chains and department stores, as well as smaller boutique toy stores. Competition is based
on competitive pricing, credit programs, promotional pressures and competing store
openings.
Shifting demographics are having a long-term impact on industry dynamics. Women are
having less children, and at older ages. According to a piece in The Economist, between
2005 and 2010, the average age of first-time mothers in Britain, Germany, Switzerland
and Japan rose by half a year. Data from the U.S. Centers for Disease Control and
Prevention published via specialty website BabyCenter.com states that in the U.S. the
average age of first-time mothers in 1970 was 21, and that by 2008 that figure had risen
to 25.1. The birth rate in America has declined every year since 2007. Also, young
children are becoming acquainted with digital media at an earlier age. Many toy products
are first seen by children on a television or movie screen, as the toy industry is heavily
reliant on licensing deals with the entertainment industry.
2.2 Name of the Company and Contacts Details
DREAM PLAST INDIA PVT.LTD.BARAMATI
Address-F/17-1,Katphal,Behind Ferrero India Ltd,MIDC,Baramati.
Maharashtra Industrial Development Corporation Area,Pune,
Maharashtra-413133
Dream Plast India Private Limited's Annual General Meeting (AGM) was last held on 29
September 2018 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2018.
Directors of Dream Plast India Private Limited are Laura Matilde Maria Sunino, Nitin
Jitendra Gupta, Paolo Sunino, Marco Gilardino, .
Company Details
CIN U25200PN2009PTC135105
DREAM PLAST INDIA PRIVATE
Company Name
LIMITED
Company Status Active
CIN U25200PN2009PTC135105
RoC RoC-Pune
Registration Number 135105
Company Category Company limited by Shares
Company Sub Category Non-govt company
Class of Company Private
Date of Incorporation 03 December 2009
Age of Company 9 years, 5 month, 29 days
2.4.2.Mission
TO BE A LEARNING ORGANIZATION WHICH IS LEAN & INNOVATIVE, TO
DELIVER THE HIGHEST LEVELS OF QUALITY & EXCELLENCE.
2.4.3.Managing Body
2.4.5. ORGANISATIONAL CHART
HR also concerns itself with organizational change and industrial relations, that is, the
balancing of organizational practices with requirements arising from collective
bargaining and from governmental laws. The role of human resource management in
organisations has been evolving dramatically in recent times. The days of Personnel
Department performing clerical duties such as record keeping, paper pushing and file
maintenance are over. HR is increasingly receiving attention as a critical strategic partner,
assuming stunningly different, far reaching transformational roles and responsibilities.
Taking the strategic approach to human resource management involves making the
function of managing human assets the most important priority in the organisations and
integrating all human resource policies and programmes the frame-work of a company’s
strategy. Effective utilization of human resource can assist organizations in achieving
competitive advantage.
· Managerial Functions
· Operative Functions
3.2.1.Managerial Function Includes:
1. Planning
One of the primary function where number & type of employees needed to accomplish
organizational goals are determined. Research forms core HRM planning which also
helps management to collect, analyze and identify current plus future needs within the
organization.
2. Organizing
Organization of the task is another important step. Task is allocated to every member as
per their skills and activities are integrated towards a common goal.
3. Directing
This includes activating employees at different levels and making them contribute
maximum towards organizational goal. Tapping maximum potentialities of an employee
via constant motivation and command is a prime focus.
4. Controlling
1. Recruitment/Hiring
Hiring is a process which brings pool of prospective candidates who can help
organization achieve their goals and allows managements to select right candidates from
the given pool.
Describing nature of the job like qualification, skill, work experience required for specific
job position is another important operative task. Whereas, job design includes outlining
tasks, duties and responsibilities into a single work unit to achieve certain goal.
3. Performance Appraisal
Checking and analyzing employee performance is another important function that human
resource management has to perform.
4. Training & Development
This function allows employees to acquire new skills and knowledge to perform their job
effectively. Training and development also prepares employees for higher level
responsibilities.
5. Salary Administration
Human Resource Department also determines pays for different job types and incudes
compensations, incentives, bonus, benefits etc. related with a job function.
6. Employee Welfare
This function takes care of numerous services, benefits and facilities provided to an
employee for their well-being.
7. Maintenance
Minimizing employee turnover and sustaining best performing employees within the
organization is the key. Minimizing ROI within HR department is also a key goal for
Human resource management team.
8. Labor Relations
Labor relation is regards to the workforce who work within a trade union. Employees in
such domain form a union/group to voice their decisions affectively to the higher
management.
9. Personal Research
process which involves the sharpening of skills, concepts, changing of attitude and
gaining more knowledge to enhance the performance of the employees. Good & efficient
training of employees helps in their skills & knowledge development, which eventually
helps a company improve. Training is about knowing where you are in the present and
after some time where will you reach with your abilities. By training, people can learn
new information, new methodology and refresh their existing knowledge and skills. Due
to this there is much improvement and adds up the effectiveness at work. The motive
behind giving the training is to create an impact that lasts beyond the end time of the
training itself and employee gets updated with the new phenomenon. Training can be
offered as skill development for individuals and groups. In simple terms, training and
through learning, usually by changing the employee’s attitude or increasing his or her
skills and knowledge. The need for training & development is determined by the
perspective about the meaning of the terms. Training, as was stated earlier, refers to the
Specific Tasks General Concepts Narrow / Perspective Broad Perspective Training refers
classroom. Though training and education differ in nature and orientation, they are
element of education. In fact, the distinction between training and education is getting
increasingly blurred nowadays. As more and more employees are called upon to exercise
judgments and to choose alternative solutions to the job problems, training programmes
seek to broaden and develop the individual through education. For instance, employees in
well-paid jobs and/or employees in the service industry may be required to make
independent decision regarding there work and their relationship with clients. Hence,
organization must consider elements of both education and training while planning there
general knowledge and attitudes which will be helpful to employees in higher positions.
3.3.1.TRAINING:
1.Meaning of Training:
Training is a highly useful tool that can bring an employee into a position where they can
do their job
correctly, effectively, and conscientiously. Training is the act of increasing the
knowledge and skill of an
employee for doing a particularjob.
2.Definition of Training:
Dale S. Beach defines training as ‘the organized procedure by which people learn
knowledge and/or skill for a definite purpose’. Training refers to the teaching and
learning activities carried on for the primary purpose of helping members of an
organization acquire and apply the knowledge, skills, abilities, and attitudes needed by a
particular job and organization.
3.Scope of training
The scope of training depends upon the categories of employees to be trained. As we all
know that training is a continuous process and not only needed for the newly selected
personnel but also for the existing personnel at all levels of the organisation.
3.3.2. DEVELOPMENT:
1. Meaning of Development:
2. Defination of Development:
i) The systematic use of scientific and technical knowledge to meet specific objectives or
requirements.
The customers have become quality conscious and their requirement keep on changing.
To satisfy the customers, quality of products must be continuously improved through
training of workers.
Trained workers can handle the machines safely. They also know the use of various
safety devices in the factory. Thus, they are less prone to industrial accidents.
Training creates a feeling of confidence in the minds of the workers. It gives them a
security at the workplace. As a result, labour turnover and absenteeism rates are reduced.
Technology is changing at a fast pace. The workers must learn new techniques to make
use of advance technology. Thus, training should be treated as a continuous process to
update the employees in the new methods and procedures
Training can be used as an effective tool of planning and control. It develops skills
among workers and prepares them for handling present and future jobs. It helps in
reducing the costs of supervision, wastages and industrial accidents. It also helps increase
productivity and quality which are the cherished goals of any modern organization
3.4 Importance of training and Development
Training and career development are very vital in any company or organization that aims
at progressing. Training simply refers to the process of acquiring the essential skills
required for a certain job. It targets specific goals, for instance understanding a process
and operating a certain machine or system. Career development, on the other side, puts
emphasis on broader skills, which are applicable in a wide range of situations. This
includes decision making, thinking creatively and managing people.
1.Improved employee performance – the employee who receives the necessary training
is more able to perform in their job. The training will give the employee a greater
understanding of their responsibilities within their role, and in turn build their confidence.
This confidence will enhance their overall performance and this can only benefit the
company. Employees who are competent and on top of changing industry standards help
your company hold a position as a leader and strong competitor within the industry.
7.Enhances company reputation and profile – Having a strong and successful training
strategy helps to develop your employer brand and make your company a prime
consideration for graduates and mid-career changes. Training also makes a company
more attractive to potential new recruits who seek to improve their skills and the
opportunities associated
8. Reduced cost
9. Reduction in supervision
The moment they gain the necessary skills and knowledge, employees will become more
confident. They will become self reliant and require only little guidance as they perform
their tasks. The supervisor can depend on the employee’s decision to give quality output.
This relieves supervisors the burden of constantly having to give directives on what
should be done.
Training programmes are a costly affair, and time consuming process. Therefore,
management needs to draft very carefully. Usually in the organization training
programmers the following steps are considered necessary.
The objective must be stated clearly and should make sense to everyone involved;
It should be achievable;
It should be measurable.
Design keeping in mind the needs of your employees, and not that of the trainer.
Schedule training activities well in advance and mobilise the required resources;
Decide the location for the program based on the size and kind of training
rooms you need.
Employee Assessment: This must be done during the training sessions. Evaluate
how much employees have actually understood about the training. This can be
done using mini quizzes, practical exercises, etc. In brief, you want to make sure
they are aware of the training objective and the process to achieve it.
Program Assessment: After your trained employees report back to work, conduct
on the job evaluation of the training program to measure its effectiveness in
achieving the objectives.
Evaluation leads to control which means deciding whether or not the training was worth
the effort and what improvements are required to make it even more effective. Training
Evaluation is of vital importance because monitoring the training function and its
activities is necessary in order to establish its social and financial benefits and costs.
Evaluation of training within work settings can assist a trainer/organization in learning
more about the impact of training. It is important to understand the purpose of evaluation
before planning it and choosing methods to do it. Some advantages of using evaluations
are difficult to directly witness, but when done correctly they can impact organizations in
positive ways.
Donald Kirkpatrick, Professor Emeritus at the University of Wisconsin and past president
of the American Society for Training and Development (ASTD), first published his Four-
Level Training Evaluation Model in 1959, in the US Training and Development Journal.
The model was then updated in 1975, and again in 1994, when he published his best-
known work, "Evaluating Training Programs."
The four levels are:
1. Reaction.
2. Learning.
3. Behavior.
4. Results.
Let's look at each level in greater detail.
1. Reaction
This involves how your participants feel about the training program. This level may not
be an immediate or obvious link to ROI. That being said, if your trainees feel positive
about the training program, this will have an impact on how they will perform. This could
result in a future impact on your bottom line.
2. Learning
This level of evaluation involves any skills, knowledge, or change of attitude that resulted
in the training. In practical ways, this can be measured through tests or some form of
demonstration of skills/knowledge.
3. Behavior
In many ways, this is the practical (and long-term) application of level two assessments.
This involves measuring how your trainee applies what they have learned in the
workplace. This would be done mostly through observations, interviews and constant
monitoring.
4. Results
This level is the most closely linked with ROI. For example, have there been significant
production increases after employees have gone through training? Has there been a
noticeable boost in productivity? These are tangible areas which can be measured by
looking at the before and after stats.
CHAPTER NO 4.
LITERTURE REVIEW
CHAPTER NO 5
5.1 TYPE OF RESEARCH
For this study, descriptive research method is utilised. In this method, it is made
possible that the study be cheap and quick. This descriptive type of research utilises
observations in the study. The purpose of employing this method is to describe the nature
of a situation, as it exists at the time of the study and to explore the cause of particular
phenomena.
To come up with pertinent findings and to provide credible recommendations, this
study utilizes two sources of research: primary and secondary.
Primary data is collected through survey which consist a questionnaire which contains
closed ended questions. Surveys provide quick, inexpensive, efficient and accurate means
of assessing information about the population. Also surveys are considered quite flexible.
Statistics are used to analyze the data. Secondary data is obtained from articles, text
books , reference book, websites , previous studies on the same topic.
4.Websites
5.4 Difference between source and instruments
5.5 Tools and Techniques used for data collection:
1.Observation
2.Well Structure Questionnaire
3. Discussion with Managers.
Agree 4 13.3%
Neutral 3 10%
Disagree 1 3.33%
Strongly Disagree 0. 0%
Total 30 100
2. Training needs are assessed
Agree 5 16.3%
Neutral 3 10%
Disagree 0 0%
Strongly Disagree 0 0%
Total 30 100
3. When Analysing need of training , Organization consider the needs of individual
as well as organization needs
Agree 6 20%
Neutral 3 10%
Disagree 2 6.66%
Strongly Disagree 0 0%
Total 30 100
4.Employee performance and competence is identify before training program
Agree 10 16.3%
Neutral 4 10%
Disagree 3 0%
Strongly Disagree 1 0%
Total 30 100
5.In required area, trainings are given
Agree 8 26.66%
Neutral 1 3.33%
Disagree 1 3.33%
Total 30 100
6.Trainers have good knowledge about the topic of training program
Agree 7 23.33%
Neutral 7 23.33%
Disagree 2 6.67%
Total 30 100
7.Sufficient breaks given during the training programme
Agree 15 50%
Neutral 5 16.66%
Disagree 0 0%
Strongly Disagree 0 0%
Total 30 100
8.Trainer have good presentation skills
Agree 5 16.66%
Neutral 3 10%
Disagree 3 10%
Total 30 100
9. During training program training material is provide
Agree 4 13%
Neutral 4 13%
Disagree 2 7%
Strongly Disagree 1 3%
Total 30 100
10.Trainers have good Communication skills
Agree 2 6.67%
Neutral 2 6.67%
Disagree 2 6.67%
Strongly Disagree 0 0%
Total 30 100
11.Trainer are able to resolve your doubts
Agree 6 20%
Neutral 2 6.67%
Disagree 1 3.33%
Strongly Disagree 0 0%
Total 30 100
12. Is there a proper combination of On the job and Off the job training Methods
of training program
Agree 3 10
Neutral 4 13.33
Disagree 2 6.67
Total 30 100
13. Training programs are conducted at regular interval as per requirement
Agree 5 16.67%
Neutral 3 10%
Disagree 3 10%
Strongly Disagree 0 0
Total 30 100
14.The company provides you a safe work environment by accident prevention and
safety programs
Agree 3 10%
Neutral 1 3.33%
Disagree 0 0%
Strongly Disagree 0 0%
Total 30 100
15.Feedback process after the training program is well planned
Agree 4 13.33%
Neutral 5 16.67%
Disagree 1 3.33%
Strongly Disagree 0 0
Total 30 100
16.Training program is useful for personal and company development
Agree 5 16.67%
Neutral 1 3.33%
Disagree 0 0
Strongly Disagree 0 0
Total 30 100
17.Training program help to increase productivity in terms of quality and quantity
Agree 6 20%
Neutral 4 13.33%
Disagree 1 3.33%
Strongly Disagree 0 0
Total 30 100
17.There is need to make some changes in the training process
Agree 1 3.33%
Neutral 1 3.33%
Disagree 13 43.33%
Total 30 100
19.While analysing the training needs which methods are used
Observation 24 80%
Test 1 3.33%