Professional Documents
Culture Documents
ON
“TRAINING AND DEVELOPMENT AT NALCO“
ODISHA
Submitted By
PUSPANJALI MISHRA
Regd. No-1806107063
(MBA IN HRM)
ODISHA
Submitted By
PUSPANJALI MISHRA
Regd. No-1806107063
(MBA IN HRM)
Puspanjali Mishra
Regd.No:- 1806107063
CONTENT
Chapter-1
Introduction
Introduction
Objective of the study
Chapter-2
Company profile of NALCO
Brief about NALCO
Vision
Mission
Objectives of NALCO
Physical Performance
CSR of NALCO
NALCO Foundation
Chapter-3
Theoretical framework of Training and development
Definition
Objective of training
Significance of training
Benefits of training to employers
Necessity of training
Methods of training
Importance of training
Chapter-4
Training and development in NALCO
Training activities in NALCO
Scope of training and development
Objective
Training centre of NALCO
Chapter-5
Suggestion and conclusion
Bibliography
INTRODUCTION
Any organisation needs to have an organised human resource in
order to gain success or it will mark its failure. The human resource is
the prime key which handles everything so if they are not properly
trained then everything can go in vain.
Acquiring right man for the right job at right time in right quantity,
developing through right kind of training, utilizing the selected
workforce, and maintaining the workforce is the organizational
objectives of HRM. Succession planning is an important issue to be
taken up as a contemporary organizational objective.
2. Functional Objectives:
3. Personal Objectives:
4. Societal Objectives:
HRM must see that the legal, ethical, and social environmental issues
are properly attainted to. Equal opportunity and equal pay for equal
work are the legal issues to not to be violated. To take care of
farmers (whose land has been acquired for the factory) and tribe’s
(who are displaced by industries and mining companies) are the
ethical issues.
BRIEF ABOUT NALCO
-A Navaratna company
National Aluminium Company Limited (NALCO), a public sector
enterprise of the Government of India was incorporated in 7th
January of this year 1981. A Navaratna status company is Asia’s
largest integrated aluminium complex, encompassing bauxite
mining, alumina refining, aluminium smelting and casting,
power generation, rail and port operations in both domestic
and also export. Commissioned during 1985-87, NALCO has
emerged to be a star performer in production and export of
alumina and aluminium, and more significantly, in propelling a
self-sustained growth. NALCO has registered Rs. 1342.19 crore
to the audited financial results for 2017-18, taken on record by
the board of directors in the meeting held in 26th May 2018. In
the fourth quarter the company has earned a net profit Rs.
257.06 crore.
Mission
To sustainably grow multi-fold in mining, alumina and
aluminium business along with selected
diversification in minerals and energy sector, while
continuously improving in efficiency and business
practices thus enhancing value of stakeholders.
To satisfy the customers and stakeholders, employees
and all other stakeholders through our services.
To continuously develop human resources, create
safe working conditions, improve productivity and
quality and reduce cost and waste.
To be good corporate citizen, protecting and
enhancing the environment as well as discharging
social responsibility in order to ensure sustainable
growth.
To intensify R&D for technology development.
Objective of NALCO:
To maximise capacity utilisation, operational
efficiency and productivity.
To maintain the highest international standards of
excellence in product quality, cost efficiency,
customer service and provide steady growth in
business by technology up-gradation, expansion and
diversification.
To have global presence and earn foreign exchange
through export turnover of 50% of total sales and to
have around 1/3 domestic market share.
To continue to remain the lowest cost producer of
Alumina in the world and to strive to become low cost
aluminium producing Global Company in five years’
time.
To promote a result-oriented organisational ethos
and work culture that empowers employees and
helps realisation of individual and organisational goals
and maximise internal customer satisfaction.
To foster high standards of health, safety and
environment friendly products and to develop a
strong R&D base and increase business development
activities.
To strive for production of value added downstream
products.
Physical Performance
SWACHH VIDYALAYA
NALCO has constructed 497 toilets in 227 schools in
Odisha and Andhra Pradesh, resulting in enrolment and
enhancement of girl student.
EDUCATION
The company has so far provided residential education to
805 children from periphery villages of M&R complex and
pottangi mines area.
INTEGRATED HEALTH SERVICES
NALCO has set up two company run 50 bedded speciality
hospitals, one each at Damonjodi and Angul. It also provides
free medicines and treatment to the villagers living in
vicinity.
OTHER MOTIVATIONAL SCHEMES SUCH AS:
Performance related payments (PRP) for executives.
Incentives schemes for non-executives.
SARJANA- suggestions scheme
Operator reward scheme for mines
House-keeping reward scheme
Problem solving scheme
Long service award scheme
Swachh iconic city: Puri
ODF villages
NALCO FOUNDATION
Nalco board decided to set up a standalone Foundation for
its CSR activities. Among other things, the board decided to
allocate an additional one percent of Nalco’s total net profit
every year to fund the schemes to be undertaken by this
foundation. With the setting of up Nalco foundation, CSR
budget of the company now stands doubled at 2% of the net
profit. From these 2% net profit of CSR, 1% goes for the
periphery development whereas the other 1% is used for
NALCO foundation which is primitively a trust running by this
organisation in the welfare of the society.
Nalco foundation is focused on development of villages
located within 15 kms radius of Nalco’s mines and plants in
Damonjodi and Angul, and also proposed mining areas such
as Utkal-E Coal block (Chhendipada Block, Angul), Pottangi
(Koraput) and Gudem and KR Konda (Vishakapatnam and
East Godavari districts of Andhra pradesh).
National Aluminium Company limited (Nalco) is considered to
be a turning point in the history of Indian Aluminium
Industry. In a major leap forward, Nalco has not only
addressed the need forvself-sufficiency in aluminium, but
also given the country atechnological edge in producing this
strategic metal to the best of world standards.
Chapter-3
Theoritical Framework of
training and development
Definition
Training and development is a systematic and organized
process for improving the potential and working culture of an
employee. It can be defined as the process of teaching the
new or existing employees the basic or advanced required
skills that they need to perform for the betterment of the
organisation. Training makes a very important contribution in
the development of an organisation. It is needed to be
managed so that training is given to the right people at the
right time in the right format and at right cost. The term
training indicates the process involved in improving the
aptitudes, skills and abilities of the employees to perform
specific jobs.
Training
Training constitutes a basic concept in human resource
development. It is concerned with developing a particular
skill to a desired standard by instruction and practice.
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
particular job.
Development
Organisational development is a process that” strives to build
the capacity to achieve and sustain a new desired state that
benefits the organisation or community and the world
around them.” It is the educational experience and
assessment that helps the employees prepare for the future.
Process
First self-assessment is done then reality check is done after
that goal is set and then action is taken according to the plan.
Economy in Operations
Trained personal will able to make better and economical use of
materials and equipments. Wastage will be low.
Greater Productivity
A well trained employee usually shows greater productivity and
higher quality of work-output than an untrained employee.
Training increases the skills of the employees in the
performance of a particular job. An increase in the skills usually
helps to increase both quantity of output.
Uniformity of Procedures
With the help of training, the best available methods of work
can be standardized and made available to all employees.
Standardized will make high levels of performance rule rather
than exception.
Less Supervision
If the employees are given proper training, the responsibility of
supervision is lessened. Training does not eliminate the need for
supervision, but it reduces the need for detailed and constant
supervision.
Higher Morale
The morale of employees is increase if they are given proper training.
A good training programme will mould employees’ attitude to
achieve support for organizational activities.
Necessity of training
As per the ministry o mines it is necessary for an organization
to give trainings to their employees which initially help them
for their betterment.
Increase Confidence
Training creates a feeling of confidence in the minds of
employees, who feel comfortable wile handling newer
challenges. It gives a feeling of safety and security to them at
the work place.
New Skills
Training develops skills, which serves as a valuable personal
asset of a worker. It remains permanently with the worker
himself.
Career advancement
The managers can develop their skills to take up higher
challenges and work in newer job dimensions. Such an exercise
leads to the career development of the employees, who can
move up the corporate hierarchy faster.
Higher Earnings
Higher earnings are a consequence of career development. A
highly trained employee can command high salary in the job
market and feel more contended with his job.
Resilience to change
In the fast changing times of today, training develops adaptability
among workers. The employees feel motivated to work under
newer circumstances and they do not feel threatened or resist
any change. Such adaptability is essential for survival and growth
of an organization in the present times.
Increased Safety
Trained workers handle the machines safety. They also know the
use of various safety devices in the factory, thus, they are less
prone to accidents. It can be concluded that in light of several
benefits, training is an important activity, which should be taken
very seriously by the employees as well as the employers.
Methods of Training
Training is generally imparted in two ways:
On the job training methods are those which are given to the
employees within the everyday working of a concern. It is a
simple and cost-effective training method. The in-proficient as
well as semi-proficient employees can be well trained by using
such training method. The employees are trained in actual
working scenario. The motto of such training is “learning by
doing”. Instances of such on-job training methods are job-
rotation, coaching, temporary promotions, etc.
2. Off the job Training
Off the job training methods are those in which training
is provided away from the actual working condition. It is
generally used in case of new employees. Instances of
off the job training methods are workshops, seminars,
conferences, etc. such method is expensive and is
effective if and only if large number of employees has to
be trained in a separate area within a short time period.
Importance of Training
Training is crucial for organization development and success. It is
fruitful to both employers and employees of an organization. An
employee will become more efficient and productive if he is
trained well. Training is given on four basic grounds:
2 Less supervision
3 Fewer accidents
5 Increased productivity
Objective
Integrate organizational and individual development needs.
Every Employee get benefit of training programme organized
for time to time.
Make learning one of the fundamental values of the
company.
Company business process through effective training input.
In house training
External training within India
External training aboard
On-the job training
Off-the job training
1. IN-HOUSE TRAINING
In-house Training Programme is conducted in HRD Centre of
Excellence inviting the facilities from internal source as well as
exernal sources. It is a training programme which is designed,
developed and conducted within the company.
4. ON-THE-JOB TRAINING
Under this training programme, the new or experienced
employees learn through peers or seniors performing their job
and try to imitate their behaviour. These types do not cost
much and are less disruptive as employees are always on the
job, training is given on the same machines and experience
would be on already approved standards, and above all trainee
is learning while earning.
Some of the commonly used types are:-
COACHING
It is one-to-one training which helps in quickly identifying
th weak areas tries to focue on them. It also offers them
the benefit of transferring theory learning into practice.
The problem is that it perpetrates the existing practices
and styles.
MENTORING
The focus in this training is on the development of
attitude. It is used for managerial employees. Mentoring
is always done by a senior inside person. It is also one-to-
one interaction, like coaching.
JOB ROTATION
It is the process where the employees are trained by
rotating them through a series of related jobs to check on
their strengths and weaknesses.
APPERENTICESHIP
It is a system of training of the new generation of
practitioners of a skill. This type of training is in vogue in
those trades, craft and technical fields in which a long
period is required for gaining proficiency. The trainees
have to work under direct supervision of their masters.
UNDERSTUDY
In this type, a superior gives training to a subordinate as
understudy like an assistant to a manager or director. The
subordinate learns through observation and further
experience by handling day to day problems.
5. OFF-THE-JOB TRAINING
These type of trainings are conducted separately form the job
environment. There is full concentration on learning rather than
performing.
VESTIBULE TRAINING
It is a term for near-job-training, as it offers access to
something new (learning). In vestibule training, the
workers are trained in a prototype environment on
specific jobs in a special part of the plant.
SIMULATION EXERCISE
It is an artificial environment exactly similar to the actual
situation. There are four basic simulation techniques used
for imparting training, that are :- management games,
case study, role playing and in basket training.
SENSITIVE TRAINING
It is also known as laboratory or T-group training. This
training is about making people understand about
themselves and not others reasonably, which is done by
developing in them the social sensitivity and behavioural
flexibility.
TRANSACTIONAL ANALYSIS
It provides trainees with a realistic and useful method for
analyzing and understanding the behaviour of others. In
every social interaction there is a motivation provided by
one person and a reaction to the motivation is given by
another person.
CHAPTER-5
SUGGESTION AND
CONCLUSION
Suggestion
Training materials should be redesigned for some of the
In-house training programmes.
Job rotation can be done so as to make the employees
versatile enough to do different kind of jobs and also they
can recognize their strength and weakness through it.
Apart from In-house trainings, some new type of trainings
such as brainstorming, mapping and other management
games should be made a part of the training programmes
so that it would add fun to the training.
Open-house session should be conducted frequently to
bridge the gap between employees and management.
Nalco should introduce project based training.
Training Programmes must be conducted at frequent
interval for the new as well as for the existing employees
to help them. To update with new technology and
improve their performance.
More importance should be given to audio visual training
programmes because when a person see a thing
happening in front of him then he is more likely to learn
them easily and remember them for a long time.
CONCLUSION
BOOKS
Human Resource Management, Author- V.S.P Rao
WEBSITES
www.nalcoindia.com
www.business-standard.com
www.tutorialpoint.com
OTHER SOURCES
The company you keep annual report 2018-19
NALCO publications and journals.
NALCO vantage view 2018-19 report.
AIMA HRM study material.