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1 Literature Review: In the present age of cut-throat competition, it ...

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organization at all levels to grow and achieve higher levels <strong>of</strong> competence and enhance<br />

organizational capabil<strong>it</strong>y and effectiveness.<br />

V.V. Raman (2004) Training and Development - Concepts and Cases – briefs about <strong>the</strong><br />

holistic approach to training and development, training needs to enhance <strong>the</strong> employee<br />

morale and <strong>the</strong> process and <strong>the</strong> methodologies in evaluating <strong>the</strong>m. It also throws light on<br />

<strong>the</strong> process and importance <strong>of</strong> training and development which is taking place in various<br />

new economy industries like Wipro, <strong>In</strong>fosys and some <strong>of</strong> <strong>the</strong> service sectors like Banking<br />

and <strong>In</strong>surance too. Training is used to attract, retain and motivate staff. “The industries<br />

that have emerged as <strong>the</strong> leaders in <strong>the</strong> past hundred years are those that have raised<br />

productiv<strong>it</strong>y <strong>of</strong> <strong>the</strong> manual worker. Fifty years from now- if not sooner – <strong>the</strong> leadership in<br />

<strong>the</strong> world economy will move to countries and industries that have most systematically<br />

raised knowledge worker” – Acc. Peter Drucker. High lever<strong>age</strong> training is linked to<br />

business strategy, helping an organization to achieve mission and goals through<br />

systematic instructional design and comparative benchmarking.<br />

S.Truelove (2000) Training for Development - A Handbook – This deals w<strong>it</strong>h <strong>In</strong><strong>it</strong>ial<br />

Diagnosis: Techniques <strong>of</strong> investigation and analysis, including <strong>the</strong> analysis <strong>of</strong><br />

organizational training needs and <strong>the</strong> identification <strong>of</strong> learning block<strong>age</strong>s. Subsequent<br />

Implementations: wr<strong>it</strong>ing training objectives, evaluating training, designing training and<br />

open and distance learning. Final Strategy: administration, national training policies and<br />

employee development and integrating training w<strong>it</strong>h <strong>the</strong> organization.<br />

10

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