Project On Training and Development
Project On Training and Development
Submitted to the University of Madras in partial fulfilment of the requirement of the award for degree
BUSINESS ADMINISTRATION
By
K. PRABHA G. BEULA
(Reg No: 412101122) (Reg No: 412101118)
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DECLARATION
K. PRABHA
(412101122)
G. BEULA
(412101118)
Place:
Thirukazhukundram
Date:
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CERTIFICATE
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ANNAI THERASA ARTS & SCIENCE COLLEGE
Mangalam Thirukazhukundram - 603 109
CERTIFICATE
This to certify that the project work entitle a study on satisfaction is based on the
original work done by K. PRABHA (412101122), G. BEULA (412101118) in partial
Fulfilment for Award of the Degree BUSINESS ADMINISTRATION Madras University
2023 -2024. This Work has not previously formed on the award of any degree Diploma
Associate ship and represent. An independent Work done by the candidates.
Examiner
1.
2.
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ACKNOWLEDEGEMENT
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ACKNOWLEDGEMENT
We first of all thank the University of Madras and ANNAI THERASA ARTS AND
SCIENCE COLLEGE for the opportunity to present our project.
We Extent our and also extent our immense gratitude to our principal
Dr.S.KAMALAKKANNAN, M.P.Ed., M.Phil. Ph.D., for given us the opportunity his project
report and for the kind co-operation.
We obligation to extent our special thanks to the other faculty members of our department
of BUSINESS ADMINISTRATION of their kind help.
Mrs. N.YUVARANI, BBA,MBA.,
Mrs. K.B.MEERA, B.COM, MCOM,
It is our immense pleasure to extent our sincere thanks to Mr. PRAVEEN HR AND
ADMIN, WONJIN AUTO PARTS INDIA PRIVATE LIMITED for given us the opportunity to
do this project in their respected concern. And also, we thank the family and friends who have
support us to complete this project in effective manner.
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CONTENTS
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CHAPTER TITLE PAGE
NO
I. . ABSTRACT
II. INTRODUCTION
LIMITATIONS
LITERATURE REVIEW
SOURCES OF DATA
FINDINGS
SUGGESTIONS
VII. CONCLUSIONS
QUESTIONNAIRE
BIBLIOGRAPHY
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LIST OF TABLES
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CHAPTER -1
ABSTRACT
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ABSTRACT
The project aimed to find Training and development for employees of WONJIN AUTO
PARTS INDIA PRIVATE LIMITED. The main purpose of the research is to improve the
individual skill and increase an individual motivation to perform the job well. The researcher
collected the primary information required for the study through a structural questionnaire and
books are the main parts of secondary data. The nature of the study was descriptive. Convenience
samplings methods were used for the survey. The sampling size was 100 respondents. This
includes only employees of WONJIN AUTO PARTS INDIA PRIVATE LIMITED. The research
analysing data into simple tabulations, percentages, correlation is used for statistical inference. The
study concludes that there is a need for training and development program for the employees of
WONJIN AUTO PARTS INDIA PRIVATE LIMITED.
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CHAPTER -2
INTRODUCTION
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INTRODUCTION
Training and Development is one of the main functions of the human resource
management department. Training refers to a systematic setup where employees are
instructed and taught matters of technical knowledge related to their jobs. It focuses on
teaching employees how to use particular machines or how to do specific tasks to
increase efficiency.
Whereas, Development refers to the overall holistic and educational growth and maturity
of people in managerial positions. The process of development is in relation to insights,
attitudes, adaptability, leadership and human relation
Training and development programs are designed according to the requirements of the
organization, the type and skills of employees being trained, the end goals of the training
and the job profile of the employees. These programs are generally classified into two
types: (i) on the job programs, and (ii) off the job programs.
People in managerial programs are given this type of training- Management Games to
develop decision making, Programs to identify potential executives, Sensitivity training
to understand and influence employee behaviour, Simulation and role-playing, Programs
for improving communication, human relations and managerial skills.
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In a world where technology is constantly evolving and knowledge is growing, training
has a significant role to play in organizational success. Successful organisations invest in
employee training and
A look at the mission and value statement of successful organisation further reinforces
the relevance of training human capital in business. The Vision and Mission clearly
indicate that successful organisations distinguish themselves from others as they are
constantly improving and placing training and development as an essential tool to drive
organisational goals.
The current market trends have indicated cuts in training budgets so organisations need
to evolve efficient and effective training methods to help employees develop their skills
to make new products, generate innovative ideas, and provide high quality of customer
satisfaction. So, increasingly efficient methods of training must be adopted, as has
happened during the current pandemic situation by placing more trust on online learning.
Training and development is the field concerned with organizational activity aimed at
bettering the performance of individuals and groups in organizational settings. It has been
known by several names, including employee development, human resource
development, learning and 9 development. An organization which aspires to grow must
be in tune with the changing needs of the society. Training becomes relevant in the
context since it is only through training that the gap between performance of the
organization and the felt of a changing society can be neutralized. Training reduces the
gap by increasing employee’s knowledge, skill, ability and attitude. Training and
development are terms which are sometimes used interchangeably.
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Development was seen as an activity associated with managers. In contrast training has
immediate concern and has been associated with improving the knowledge and skill of
non-managerial employees in the present job. Training which is a vehicle for human
resource development is concerned with improving the skills of the employees and
enhancing their capacity to cope up with ever changing demands of the work situation. It
also makes a positive contribution to the empowerment of the employees.
The practice of growing employees into managers and managers into effective leaders by
the ongoing enhancement of certain knowledge, skills and abilities. The corporate
marketplace is quickly changing, and businesses must be flexible and easily adapt to
change. Technology is one of the key drivers in this rapid change, with automation and
artificial intelligence (AI) in the forefront.
Recent articles and industry surveys suggest that a lot of corporate training may be
ineffective. Most training won’t be fully retained by learners. Businesses must build a
culture of ongoing self-directed, self-motivated learning with focused distance learning
programs and mobile "just-in-time" training.
Organizations also have to rethink the larger framework of what skills will be needed in
the near future. A recent meta-level IBM study (PDF, 916 KB) predicts that more than
120 million workers in the world’s twelve largest economies may need to be retrained in
the next three years because of AI-enabled automation.
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Several insights from the study include:
The half-life of skills continues to shrink, while the time it takes to close a skills gap has
ballooned, forcing organizations to find ways to stay ahead of skills relevancy.
Millions of workers will likely require retraining and learning new skills, and most
companies and countries are ill-prepared for the task.
The digital era has introduced the need for a new business model, new ways of working
and a flexible culture that fosters the development of critical new skills.
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
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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.
a. Classroom Training 13
b. Online Self paced courses
c. Course with certification
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d. Instructor led online training
ROLE OF TRAINING
Business Environment
Business Excellense
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CHAPTER -3
COMPANY PROFILE
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COMPANY PROFILE:
Wonjin Auto parts India Private Limited is a Private incorporated on 19 September 2003. It is
classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its
authorized share capital is Rs. 65,000,000 and its paid up capital is Rs. 64,796,190. It is
involved in Manufacture of parts and accessories for motor vehicles and their engines
[brakes, gear boxes, axles, road wheels, suspension shock absorbers, radiators, silencers,
exhaust pipes, steering wheels, steering columns and steering boxes and other parts and
accessories n.e.c.]
Wonjin Auto parts India Private Limited's Annual General Meeting (AGM) was last held on
N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last
filed on 31 March 2020.
Directors of Wonjin Auto parts India Private Limited are John Ebenezer Mervyn William and
Youngjun Park.
Wonjin Auto parts India Private Limited's Corporate Identification Number is (CIN)
U34300TN2003PTC051635 and its registration number is 51635.Its Email address
is [email protected] and its registered address is PLOT NO.A1K, CMDA
INDUSTRIALCOMPLEX, MARAIMALAI NAGAR-603 209. TN 603209 I
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WONJIN AUTOPARTS INDIA PRIVATE LIMITED
PRIVATE LIMITED
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Date of Incorporation : 19-Sep-2003
Day(s)
Un-Reporter
Active Compliance : NA
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OBJECTIVE OF THE
STUDY
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OBJECTIVE OF THE STUDY:
2. A detail study of training and development practices in WONJIN AUTO PARTS INDIA
PRIVATE LIMITED.
3. To relate and assess employee output level for the company after the implementation of
this practice.
4. Induce employees are the main aim of training and this is the most essential for a company.
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LIMITATIONS
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LIMITATIONS:
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LITERATURE
REVIEW
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LITERATURE REVIEW:
Training and Development: According to the Michel Armstrong, “Training is s36ystematic
development of the knowledge, skills and attitudes required by an individual to perform
adequately a given task or job”. (Source: A Handbook of Human Resource Management
Practice, Kogan Page, 8th Ed.,2001) According to the Edwin B Flippo, “Training is the act of
increasing knowledge and skills of an employee for doing a particular job.” (Source:
Personnel Management, McGraw Hill; 6th Edition, 1984) The term 'training' indicates the
process involved in improving the aptitudes, skills and abilities of the employees to perform
specific jobs. Training helps in updating old talents and developing new ones. 'Successful
candidates placed on the jobs need training to perform their duties effectively'. The principal
objective of training is to make sure the availability of a skilled and willing workforce to the
organization. In addition to that, there are four other objectives: Individual, Organizational,
Functional, and Social.
Source
Personnel Management, McGraw Hill; 6th Edition, 1984 Aswathappa, K. Human resource
and Personnel Management, New Delhi: Tata Mcgraw-Hill Publishing
CompanyLimited,2000, p.189 Gomez-Mejia, Luis R., David B. Balkin and Robert L. Cardy,
(2008).
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CHAPTER 4
RESEARCH
METHODOLOGY
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RESEARCH METHODOLOGY:
Research is one of its kinds and is a process to acquire knowledge about a certain
topic. Research is done so that systematic analysis can be done and problem can be
effectively solved. The procedures by which researchers go about their work of describing,
explaining and predicting phenomena are called methodology. Methods comprise the
procedures used for generating, collecting and evaluating data. Methods are ways of
obtaining information useful for assessing explanations.
RESEARCH DEFINITION:
The definition of research given by Creswell is Research is a process of steps
used to collect and analyse information to increase our understanding of a topic or issue and it
consists of three steps: Pose a question, collect data to answer the question, and present an
answer to the question.
Data Sources:
The data collected for the study is mainly through the distribution of questionnaire; to be
precise the data collected for study is both primary and secondary sources.
Primary Data:
Primary data is the information collected for the first time; there are several methods in
which the data is complied. In this project it is obtained by mean of questionnaires.
Questionnaire is prepared and distributed to the employees.
Secondary Data:
Secondary data needed for conducting research work is collected from company websites,
library and search engines.
Research Instrument:
In this study the primary data is collected by survey technique. In this we distributed the
questionnaires to the respondents. The researcher structured the questionnaire in the form of:
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QUESTIONNAIRE:
PERCENTAGE ANALYSIS
It refers to a special kind of ratio, percentage are used in making comparison
between two or more series of data. Percentage are used to determine relationship
between the series if data. Finding the relative difference becomes easier through
percentage. It is express as,
Number of respondents
Formula: --------------------------------- x 100
Number of percentage
CORRELATION METHOD
Correlation analysis is statistical tools with the help of which we determine
intensity of relationship between two or more than two variables are said to be
correlated of movements in the other accompany the movements in one for example
with the increase in rainfall up to a certain Extent the production of rice increase.
Correlation co-efficient is a measure of correlation and summaries the direction and
degree of correlation just in one figure.
Correlation analysis enables a marketing manager to estimate cost sales, prices and
other variables on the basic of other service which these costs, sales and prices may be
functionally related correlation may be classified as:
• Positive and negative
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• Simple multiple and partial
• Scatter diagram
Here the research uses simple correlation with the help of the formula.
ΣΧΥ
Correlation= ------------------
√ΣX2 *Σy2
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SOURCES OF DATA
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SOURCES OF DATA
Research as a scientific and systematic search for pertinent information on a specific topic. In
fact, research is an art of scientific investigation. It is an academic activity and as such the
term should be used in a technical sense. Research is, thus an original contribution to the
existing stock of knowledge making for its advancement. It is as per suit of truth with the
help of study, observation, comparison and experiment. In short, the search for knowledge
through objective & systematic method of finding solution to a problem is “research”.
COLLECTION OF DATA
Primary Data
Secondary Data
Primary Data
1. Primary data would be collected during the course of asking questions by performing
surveys.
2. Primary data would be either through respondent either through questionnaire or through
personal interview.
Secondary Data
1. The data will be already available in the form of print material, website, journals etc.
2. Data will be collected from some Magazines, Newspapers, Websites and course material
for that purpose.
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