RESEARCH PROJECT REPORT ON ANALYSIS OF TRAINING & DEVELOPMENT PROAGRAMME IN HINDALCO INDUSTRIES PVT. LTD.

RESEARCH OBJECTIVE

Find out process of training and development Analyze training effectiveness. Find out innovative training practice.

RESEARCH METHODOLOGY

Descriptive Conclusive Theoretical

RESEARCH DESIGN
Interpretation of T&D process. Understanding training policies and procedure. Determining methodology. Evaluation and conclusion.

DATA COLLECTION

Secondary method. company website books internet references

Overview of Human capital: (as on 1st Jan 2009)

 OBJECTIVES OF TRAINING AND DEVELOPMENT Training helps the trainees to accquire the subject matter. Training helps to bring a change of attitude and behaviour towards a particular problem. Training aims at enhanching the capabilities of the trainees so as to enable them to increase their probem solving capacity. Training aims at bridging the gap between the expected levels of performance and actual performance. To assure the organization the availability of required number of manager with requisite skills to meet the present and anticipated future needs of business. To encourage manager to grow as efficient person and increased their capacities and handling more responsibility. To improve the performance of managers at all levels of job they hold. To sustain good performance of manager through out their career. To prepare managers with forward-looking approach.

 IMPORTANCE OF TRAINING Training makes employees more effective and productive. Training helps to keep the human factor upgraded and keeping pace with the competitors. Training helps to upgrade their skills. Training helps in rescaling and multi-scaling. Training is important to develop the potential leaders in futures and to take care of key positions and managerial effectiveness. To develop identified executives and have sufficient number of year, good track record and adequate qualification. Training imparted is beneficial in term of organization performance as well as the individual growth in performance and training.

 BENEFITS OF TRAINING It will create healthy competition among different organizations. It helps in reducing wastages because of good technologies. It makes people of the organization updated. It helps in individual development in all fields. It helps in motivating the employees. Employees can gain recognition for skills and knowledge through achievement of vocationally relevant qualifications.

TRAINING & DEVELOPMENT PROCCESS IN RENUSAGAR

SETTING TRAINING OBJECTIVES TRAINING NEED IDENTIFICATION (TNI) TRAINING MODULE PREPARATION IMPARTING TRAINING PREPARATION OF DEVELOPMENT PLAN EVALUATION AND FEEDBACK

 Policies Optimum utilization of existing resources and enhancing productivity. Bridge the skill gap- Functional & Managerial, arising from career growh and technological advancements. Develop multiskill workforce for overall business perspective, pocess orientation and flexibiulity in ther deployment. Nurture talent to develop across all levels of the organization. Provide multiple learning opportunities to employees and help them realize their full potential. Prepare the organization to anticipate & lead change. Promote the work ethos, which emphasize performance orientation, participation and innovation.

Job Rotation Apprenticeship

Lecture & Case Studies Conference & Seminar

PROCESS OF TALENT MANAGEMENT

100 90 80 70 60 50 40 30 20 10 0 Quality of programme Training for other Improved the knowledge Satiesfaction with cantent Helpful for trainee Yes No

IMPACT:

Most of employes accept that they 100% satisfy with the programme

 CONCLUSION In my project Training & Development, I have analyzed the policy, processes and methodologies of training & development which had been conducted since long time in Renusagar Power Division, Hindalco Industries limited. Based on this study at this esteemed organization it can be concluded that human resource is an organizations most valuable asset and, investment in the learning and development of this precious resource, if they got well equipped training in the best possible way, they shall definitely help in achieving the bottom line for the company. The action plan developed by me is based on my careful study and practical training here at Hindalco, this shall help the organization to overcome its shortcomings in the training and development process and shall definitely support the system to grow and maintain its reputation globally.

LIMITATIONS OF TRAINING & DEVELOPMENT PROGRAM

Time Constraints Since it is a broad topic, therefore, in depth analysis of each & every aspects of this topic is not possible. Training effectiveness response obtain from immediate supervisor is based on perception of concerned supervisor, actual on the job impact in terms of increased productivity is not measured. Expensive to company.