Executive Summary A Study on Return on Investment of ... - Vikalpa

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Acknowledgement. We acknowledge the contribution of B
Vasanth Gopalan, an ex-student of SCMHRD, who collected
the data from IOC and conducted the study. We are also thank-
K S Subramanian is the Director of Symbiosis Centre of Management
& Human Resource Development, Pune. A Postgraduate
in Commerce from Wadia College, he had won a
Gold medal in his Masters with Marketing and Human resources
from the Symbiosis Institute of Business Management.
He served as a commissioned officer in the Indian Army in
Infantry, Anand Business Group, Aditya Birla Group, Grasim
and Indo Gulf Division, as Vice President of the Site for Dabhol
Power plant, and BPL technology group for their cellular venture
in Maharashtra and Goa.
e-mail: director@scmhrd.edu
Vinita Sinha is a faculty (OB&HR) at the Symbiosis Centre of
Management & Human Resource Development, Pune. She has
completed her doctorate in Psychology, has a Masters in Psychology
with specialization in OB, and a Post Graduate Diploma
in Human Resource Management from IMT Ghaziabad,
Post Graduate Diploma in Health Psychology and Behaviour
Modification from Amity University. She was the 1st rank
holder in the college in both the years of her Masters. Her past
work experience lies with the Great Lakes Institute of Management,
Chennai; BIMTECH, Greater Noida and EMPI Business
School, New Delhi. She has published numerous research
papers, articles, and book reviews in the refereed international
48
Pine, J and Tingly, JC (1993). “ROI of Soft Skills Training,”
Training, February, 55-66.
Reed, David (1986). “The Return on Investment from Indiana’s
Training Programs Funded through the Job Training Partnership
Act,” Report, Indiana State Office of Occupational
Development, Indianapolis, October.
ful to IOC for granting us permission to publish the results of
our analysis.
and national journals and has authored two books entitled,
Implications of Hardiness and Social Support: Psychological Wellbeing-A
Recent Perspective and The Burnout Process with Lambert
Academic Publications, Germany.
e-mail: vinita_sinha@scmhrd.edu
Priya D Gupta is an Associate Professor in the Symbiosis Centre
for Management and Human Resource Development
(SCMHRD), Pune. She is pursuing her doctoral degree in the
area of Training and Development from the Tata Institute of
Social Sciences, Mumbai. She has done her Masters in Human
Resource Management and also holds a Diploma in Training
and Development from the Indian Society of Training and
Development, New Delhi. She has about 12 years of experience
in the area of Human Resource Management, her core
areas of expertise being Training and Development, Performance
Management, and Employee Relations. She has conducted
workshops in the areas of self-development,
motivation, leadership, communication; team building, human
resource management, etc., for different organizations. She was
the editor of SCMRD’s first peer reviewed Journal, OPUS
(Organization People and Us), for three years.
e-mail: priya_gupta@scmhrd.edu
A STUDY ON RETURN ON INVESTMENT OF TRAINING PROGRAMME IN A GOVERNMENT ENTERPRISE IN INDIA