TRAINING AND DEVEOPMENT IN IFFCO

Name :Amit Srivastava Roll no. 1026370009
VIDYA SCHOOL OF BUSINESS MEERUT

COMPANY PROFILE
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Indian Farmers Fertilizer Co-operative Limited (IFFCO) was registered on November 3, 1967 as a Multi-unit Co-operative Society. Established in 1975, IFFCO is a United Arab Emirates based business house, which manufactures and markets a wellintegrated range of consumer products. IFFCO operates under the following business segments: Fast Moving Consumer Goods (FMCG), Commodities, Oils and Fats, Frozen Foods, and Institutional Services.

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IFFCO also manufactures related derivatives and intermediates associated with these business segments.
IFFCO has 5 plants
1. KALOL (gujrat), 2. PHULPUR(allahabad) 3. AONLA (bareilly) 4. PARADEEP (orrisa) 5. KANDLA (gujrat)

Products of IFFCO :NPK (nitrogen phosphorus potassium) , DAP (diammonium phosphate) , NP (nitrogen phosphorus) UREA , etc

OBJECTIV ES
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To serve the cause of IFFCO¶s mission as stated in the mission document available on the homepage of IFFCO. Provide information on all aspects of IFFCO to visitors from both within and outside the country. Extend IT enabled services to farmers and cooperatives to promote IT penetration and improve IT comfort levels in rural India. To evolve appropriate dissemination strategies for effective use of IT Enabled Services in Rural India.

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To extend e-services to cooperative members of IFFCO and in a phased manner, extend e-commerce through the website. Provide latest and reliable information and extend other services to all those actively involved in the development of Indian agriculture and rural development. Provide necessary information / services for suppliers to IFFCO and achieve e-procurement in a phased manner.

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TRAINING AND DEVELOPMENT
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In the field of human resource management, 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, and learning and development. It helps employees in achieving their personal goals, which in turn, enhances the individual contribution to an organization. It assists the organization with its primary objective by bringing individual effectiveness.

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IMPORTANCE OF TRAINING AND DEVELOPMENT: OPTIMUM UTILIZATION OF HUMAN RESOURCES ´ DEVELOPMENT OF HUMAN RESOURCES ´ DEVELOPMENT OF SKILLS OF EMPLOYEES ´ PRODUCTIVITY ´ TEAM SPIRIT ´ ORGANIZATION CULTURE ´ QUALITY ´ HEALTHY WORK ENVIRONMENT
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TRAINING & DEVELOPMENT AT IFFCO
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Fertilizer Marketing Development Institute (FMDI) came into existence on 9th of July, 1983 as an in-house training institute, one of its own kinds in the fertilizer industry. Since then the training institute located at Gurgaon has been providing training to its staff and cooperative personnel from all over country. It also hosts training programs for International delegations representing cooperatives of Nepal, Mauritius and International Cooperative Alliance. (ICA).

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FMDI OBJECTIVES:
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To raise the professional competence of employees To promote harmonious work culture in the organization To develop a long term perspective in human resource to keep pace with the changing business environment. To promote holistic development of employees, their spouses and children.

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DATA ANALYSIS
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As we know Training and development is helpful in improving the performance of the employee. How many times the employee participate in the training and development programs. Rating of methods are used for training and development in IFFCO. Training and development helpful in reducing the absenteeism rate We took the sample of 48 peoples.. We use the method of questionnaire. We use multi dimensional questions in this questionnaire

IS TRAINING AND DEVELOPMENT IS HELPFUL IN IMPROVING THE PERFORMANCE OF THE EMPLOYEE

Series 1
25 20 15 10 4 5 0 0 strongly agree agree strongly disagree disagree can·t say 0 Series 1 24 20

HOW MANY TIMES THE EMPLOYEE PARTICIPATE IN THE TRAINING AND DEVELOPMENT PROGRAMS
Series 1
24 25 20 15 Series 1 10 5 0 1 time 2 time more than 2 time 8

16

METHODS ARE USED FOR TRAINING AND DEVELOPMENT IN IFFCO :

Series 1
60 44 40 20 0 job mentoring instruction training position rotation case study role playing

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0

0

0

Series 1

IS TRAINING AND DEVELOPMENT HELPFUL IN REDUCING THE ABSENTEEISM RATE
Series 1
25 20 15 10 5 0 strongly agree agree strongly disagree can't say disagree 4 4 4 12 Series 1 24

LIMITATION
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The study is in limited sample. People working there are not interested in filling the questionnaires. Restricted entry in many of the departments. It was the tough time to get response from the workers. The data given by staff depend upon their mood. Due to busy work schedule of the employees of IFFCO all the employees were not included for the study. The survey is purely based on the opinion of the employees, which may be biased.

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RECOMMENDATIONS
On the basis of the survey conducted the following recommendations can be made:´

At IFFCO employee should be motivated to attend the training and development program because 17 % employees are attended training and development programs once. There should be a proper organized training and development program at IFFCO, because 8% employees say that training and development are not organized. Thus it is suggested that more attention should be paid on content and delivery in a training program rather than that on location. Special projects are encouraging for the employees because the trainee gets an opportunity to work all by himself and get a feedback on the project.

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CONCLUSION
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The training programs organized by IFFCO for its employees are a source of increased future perspective. The employees feel it is an opportunity for practical learning provides enhanced technical knowledge and find it a change from daily work routine. Such programs are beneficial not only for the employees but also for the organization as well because employees are more confident and are aware of the new trends related to their job. A happy and confident employee works harder. With regular training and development programs organization can be sure of less wastage.

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