Professional Documents
Culture Documents
Project
ON
“TRANNING AND DEVELOPMENT”
AT
Psychotropic’s India Limited
Submitted to
A report submitted in partial fulfillment of the requirements of
MBA Program of
Dr. A.P.J Abdul Kalam Technical University, Lucknow
Submitted To Submitted By
Mrs. Rittu Mittal Aishwaria
Roll no- 03
MBA 2nd Sem.
theory. Training makes the concept clear and gives the perfect knowledge of the
practical life. It has been a learning experience to prepare the project report as
This project report is the outcome of the training that I have undergone for
in HR.
Thanks to all
Aishwaria
DECLEARATION
I, Aishwaria , Student of MBA, S.D. College of Management Studies,
Muzaffarnagar, (Affiliated To AKTU, LUCKNOW) hereby declare that the
project report on: TRANNING AND DEVELOPMENT”, Is my secondary data
and has not been submitted by any other person to AKTU, LUCKNOW.
Further, I also declare that I have tried my best to complete this project with
my at most sincerity and accuracy, even then if any mistake or error has crept
in, I shall most humbly request the reader to point out those errors or omission
and guide me for the removal of those errors.
Aishwaria
MBA2 nd sem.
CONTENTS
Preface
Acknowledgement
Declaration
Introduction of Project
Objectives of the Study
Scope of the Study
Research Methodology
Data Analysis
Limitations
Finding
Suggestions
Conclusion
Bibliography
INTRODUCTION TO THE TOPIC
Training and Development
Human resource management regards training and development as a function
concerned with organizational activity aimed at bettering the job performance of
individuals and groups in organizational settings. Training and development can
be describedas "an educational process which involves the sharpening of skills,
concepts, changing of attitude and gaining more knowledge to enhance the
performance of employees". The field has gone by several names, including
"Human Resource Development", "Human Capital Development" and
"Learning and Development".
Every company should be fully committed to the continuous development of its staff, in the
same ways as we continuously develop our services. This will be achieved by helping all
staff identify and meet their own job and business related development needs. This policy
will ensure that we have the adaptability and flexibility to thrive and succeed as a business.
To do this, all line managers, through the Performance Review process, will
Ensure that staff have a level of knowledge and skill to fully perform their role
Look for potential, and find ways for staff to demonstrate potential
All staff are entitled to and can expect to receive training they need to carry out their current
role. This includes seconded, fixed-term contract or short-term contract staff.
Permanent employees can expect to benefit from further commitment for each individual to
devote at least 5 days a year towards training and development. First priority will be towards
job-related training, but we will also encourage individuals to undertake personal
development training. This may entail taking professional qualifications; undertaking
research into a particular field of interest or experiencing a particular aspect of another job in
order to gain an insight into the role and fuller understanding of the work.
Training should not be viewed purely as “attending a training course”. There are a variety of
different methods that can be used to help train and develop individuals and Personnel
Services will be happy to help individuals and managers select the most appropriate method.
For example, using open learning materials; computer-based packages; videos or CD-ROMs;
e-learning; and reading literature, to name but a few.
Shared responsibilities
It is recognizes the need for everyone to learn and develop their skills on a continuous basis
and will support individuals to help them achieve this. Equally, the company expects
individuals to take on some responsibility for their own self-development. For example,
identifying suitable training activities (with the help of line managers and Personnel Services)
and adopting a flexible and positive approach to any training and development that is
identified with them.
Identifying training & development needs
Identifying training and development needs, and helping individuals to improve their
performance, are key responsibilities for line managers, so they are expected to be actively
involved in their team’s training and development. Line managers are also responsible for
measuring the effectiveness of any training and development undertaken by team members,
with assistance from Personnel Services.
The skills and knowledge that will be needed for the future success of the company will
become apparent as each year’s business (corporate) plan is drafted and communicated to
teams within the company and individual performance objectives agreed. Where individual
skills, knowledge or the development of competenciesare needed to achieve our business
objectives, these should be recorded on the Development Needs Assessment plan, which
forms part of our Performance Review process.
The company has a number of key business objectives that it needs to achieve. These
objectives can be achieved only through harnessing the abilities and skills of everyone in the
company and by releasing potential and maximizing opportunities for development. If
individuals need to learn in order to achieve business objectives, it is important that any
training and development in which we invest has a relationship to our business objectives, so
we can demonstrate the contribution learning makes towards overall organizational success.
To demonstrate this contribution, individuals will agree with their line managers, prior to
undertaking a learning activity, “learning objectives”. Learning objectives will be the means
by which managers and company can measure how effective training and development has
been towards achieving our business objectives or performance. Setting learning objectives
will therefore provide a benefit for everyone:
For individuals, objectives give a better understanding of what is expected of them; where
priorities lie; where their contribution fits into the organization and how they are progressing.
For managers, objectives provide a basis for allocating responsibility to individuals for
achieving certain results; monitoring the achievement of results and providing solid evidence,
which is less subjective, for assessing an individual’s performance.
For the organization, objectives give a greater likelihood of strategic and corporate plans
being achieved.
Once someone has experienced a training and development activity or learning, we will
measure its impact and effectiveness on individual performance and the organization. Again,
line managers are expected to be part of this process by defining the performance standards
(or measures) when setting objectives and deciding on the methods that they will use to
evaluate the learning. (Personnel Services will of course be available throughout the process
to provide guidance and support).
There are three key stages that will be used to evaluate training and development:
In summary then, Personnel Services will evaluate training and development at the reaction
and organizational levels, and line managers will be responsible for evaluating the
effectiveness of training and development at the performance level. However, there will be
some types of learning activities, for example attending conferences or seminars, where it
may not be appropriate to undertake any evaluation. If any doubt, please contact Personnel
Services.
To assist line managers, there are a variety of methods that can be used to measure the
effectiveness of the learning. Some of these include:
Participant self-assessment
Written or practical tests
Structured interviews
Questionnaires
Feedback – for example, internally from colleagues, peers, and managers and/or
externally from partners, customers or clients
Qualifications obtained
Line managers should contact Personnel Services, who will be pleased to help set-up an
evaluation method to use to measure the effectiveness of a training activity.
Funding
Funding for training and development will be paid from a central training budget, therefore
the Head of Personnel Services must approve any training and development that involves a
financial cost before any financial commitment is made. Details of how to apply for a
training and development are explained under the section headed “Selecting a training
provider and applying for training”.
In addition to job-related training and development, company also recognises the need to help
individuals to improve within their chosen career path by encouraging individuals to gain
professional/vocational/academic qualifications. With this in mind, company has established
a company sponsorship scheme whereby full or partial sponsorship will be provided.
Information about the scheme can be found under the section headed “Company
sponsorship”.
Where an individual needs to attend a training course funded by company, time off during
working hours will be given to attend the course. Individuals are expected to travel to and
from a training venue within the normal course of the day. Where company is providing
sponsorship towards a professional qualification, time off to attend
lectures/workshops/summer school will be agreed on an individual basis, taking account of
the business needs. The Head of Personnel Services will approve any such requests, in full
consultation with line managers.
Personnel Services is building up a range of literature from training suppliers and a selection
of books/videos/computer discs available for individual use. To find out more, please contact
Personnel Services.
Selecting a training provider and applying for training
Before booking a training event, individuals should research the costs and course availability
with possible training providers. Personnel Services will be happy to help as they keep
details of various training providers, so please contact them for information/advice.
Company sponsorship
Company recognises the need for continuous professional development and are pleased to be
able to offer a sponsorship scheme to all permanent and fixed-term employees (whose
contracts are for at least one year). The scheme covers professional, academic or NVQ (or
equivalent) qualifications. The following guidelines are designed to give individuals an idea
of the sort of funding that may be available and how individuals may apply.
OBJECTIVE OF THE STUDY
To impact skills among the workers systematically so that they may learn
quickly.
To improve the productivity of the workers and the organization.
To reduce the number of accidents by providing safety training to the
workers.
To prepare workers for promotion to higher jobs by imparting them
advanced skills.
Company Profile
Established in 1987, PIL was born out of the vision to create a healthcare company that
would address to the compassionate healthcare needs. Psychotropics is derived from our
initial focus on psychiatry and Topical products, which over the years have grown into
antibiotics & anti-infectives, anti histamines, analgesics, acute pain killers, OTC/ FMCG
Our commitment and drive have boosted our growth from a single manufacturing facility at
pollution free & lush green surroundings at India’s best industrial area at SIDCUL, Haridwar,
India. At present all of the four manufacturing facilities are approved WHO GMP facilities.
PIL, has carved a niche for itself in generic market and is preferred outsourcing partner for
some of the large pharma companies in India. Head quartered in Faridabad, India, which is
about 20 miles from the New Delhi airport, PIL is today establishing itself as a medium sized
pharma company with infrastructure, skills & resources that are at par with the best in the
industry.
PIL’s brands are prescribed by the leading doctors of the country & are available at all the
leading outlets in various cities of India. Our strong understanding of products provides us
competitive market. The faith & reputation we command in the heart of the doctors, patients
& retailers towards our products, makes us conscious, every day, to keep on delivering high
quality medicines.
Due to our strong emphasis on product quality, PIL is an approved vendor of some of our
services, CSD canteens, Indian Railways and other public sector undertaking’s hospitals in
India. We at PIL are committed to develop new technologies. We have been able to launch
products with enhanced release profiles to ensure better treatment compliance and dosage
and metformin tablets in sustained release form. The pet care division is attaining new height
after its field force has started promoting its products to doctors as well as pet shops. After
the success in the domestic market, PIL has now ventured into the overseas markets & is
currently exporting its products to various international destinations in Africa, Middle East,
South East Asia , latin America and steadily Increasing our global presence. PIL has
developed a good range of FMCG products like, Tooth pastes for sensitive teeth,
Moisturizing Creams and lotions, Head lice soaps & shampoos, Anti-cold products, Cough
syrups & many more, which have been developed & tested through the chemists retail shops.
The repeat demand for these products is very encouraging & now is the time to carve it out as
a separate division.
COMPANY PRODUCT
TROMANIL-S / DICLOFON-S
Each film coated tablet contains: Aceclofenac 100mg paracetamol 325mg Serratiopeptidase
10mg Each film coated tablet contains: Diclofenac Potassium 50mg Serratiopeptidase 10mg
RESEARCH METHODOLOGY
SAMPLE SIZE
SAMPLING METHOD:-
Random sampling- as I hardly know anybody from the organization. But at times, the sample
was also collected as per the choices and targets of my knowledgeable corporate seniors.
The data used in the project is collected both by primary sources and secondary sources. The
~ Company profile
~ Books
~ Websites
EVALUATION PROCESS
After the study of company’s profile and its performance procedure, questionnaire for
employees is prepared and is given to them. training method is also employed and the views
DATA ANALYSIS
Employee is fully aware of the Training and development procedure followed in
organization.
Response Percentage
Strongly agree 5%
Agree 72%
Disagree 5%
Strongly disagree 9%
CHART NO-1
Chart Title
Strongly Agree
9% 5% 9% 5%
Agree
No Idea
72%
Disagree
Strongly Disagree
INTERPRETATION - Majority of the employees (72%) are aware of the prevailing Training
and developmentSystem.
CHART NO-2
Chart Title
Strongly Agree
18%
18%
Agree
55% No Idea
9%
Disagree
Strongly Disagree
Response Percentage
Strongly agree 5%
Agree 59%
Disagree 18%
Strongly disagree 5%
No idea 18%
CHARTNO-3
Chart Title
Strongly Agree
5%
18%
Agree
No Idea
Disagree
18% Strongly
59%
Disagree
FINDINGS
The employees of PIL have different view about the training and development
64% of employees are satiesfied with PAR system.
49% of employees feel that they get proper feedback of their strength and weakness.
CONCLUSION
During the course of study I interacted with various levels of employees belonging to
different department and performing various functions. After forming the final Questionnaire
survey was conducted. As a result of this survey primary data was collected and the
information so collected was complied to give data and make analysis to give suggestion for
improvement.
The very word ‘appraisal’ implies that this is a top down process in which manager tell their
subordinates what they think about them. And one of the reasons for the failure of many
appraisal systems is that managers did not like doing that at all- they objected, in Douglas Mc
Gregor’s(1957) phrase, to ‘playing at being God’. This is one of the reasons why multi-
source assessments processes- ‘360 degree feedback’- by peers and subordinates as well as
However, coming to the aspect of the problem in the training and development of mill I have
arrived at a general observation that in most of the cases, the non-executive employees are of
the view, that these things are reviewed only for the sake of formality and not for any
order to brush off their apprehensions and wrong judgements about this system. It is known,
that any good thing done for welfare of people, if not communicated properly, can be
misunderstood and misinterpreted. Hence, their thinking process needs to be modified now,
in the first case. Secondly, drastic steps should be taken where the communication process is
misbehavior is removed out in order to give way to healthy relationships and strong bondage.
Faith and confidence needs to be incited into the people by means of proper discussions,
honest work and trustworthy performance.Suitable plans and programmes should be adopted
so that the whole organization works as one single unit towards one ultimate goal.
LIMITATIONS
Training is a costly affair for the management. It needs a handsome amount and long time. So
management has to play safe game for the benefits of the company as well as the workers.
One wrong decision may enforce the company to fall into deep troubles. So selecting the
weak areas of staffs and workers should be done very carefully. For that the management
should be conduct a test.
To conclude, it is very clear that training should be provided but not at the loss of the
company. It is very costly and time taking affair. But it is most important for the development
of the company. So management can’t avoid it at any cost.
BIBLIOGRAPHY
BOOK NAME AUTHOR
Internet