Training Needs Identification
Jan 2014 - Apr 2014 (4 months)
“A study on Training Needs Identification in Automobile Financing Industry - A study at Toyota Financial Services India”
In the current scenario of everyone wanting to be on the top performing well and wanting to be recognized it is important that they have the right knowledge, skill and attitude to achieve all this. To be able to get the right knowledge, skill and attitude the organization should provide its employees with effective training programs. One way to make sure the right training is being provided is the implementation of training needs identification in organizations. With the changing trends and technology organizations should keep in mind that it is part of the race and make sure it keeps itself up to date.
Organizations cannot follow the age old method of training's anymore; they need to make sure they are first identifying the specific training needs and then proceeding to the training programs.
Keeping this in mind a research was conducted at Toyota Financial Services India Ltd by collecting data through questionnaire method and also interacting with the employees at the company during my internship at Toyota Financial Services India Ltd for a period of one month.
After conducting the research a project report was prepared on the same using SPSS to do the hypothesis testing. With the help of the findings at the organization it was concluded that without a clear understanding of needs, training efforts are at best randomly useful and at worst, useless. The trainer will only be successful and perceived as such to the extent that needs are carefully assessed and programs developed and carried out that meet those needs. The end result is a more precise picture of training needs, which can lead to a performance improvement, oriented training program and better results from training.
So the organization should keep in mind the importance of having a training needs identification program so that they are able to do the best to the employees as well as be able to have the organizational objectives met. Implement this and definitely there will be significant changes which will be observed in the organization