Development and Training

Running Head : DEVELOPMENT AND TRAINING

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Developments and Training

In the world we are living in organizations are faced with risks and threats due to introduction of technology and thus for organizations to succeed in their operations they need to train their employees so that they can overcome these risks and threats . Training involves using an experienced person to inform , teach and to convey information to the audience so that they can acquire the necessary skills and knowledge that would enable them to perform their

effectively in their organizations . If people in the organizations are trained they become satisfied with the work that they are doing and this improves their morale . With the effective training employees can not leave their organizations because training it enables them to have the relevant skills and knowledge needed to perform their activities effectively . The image of the company can improved when the training is conducted because the employees in the organization become motivated and they enable them to talk about the positive side of the company . When an organization conducts training it enables it to develop strategies that can help the organization to achieve its objectives since training enables one to acquire new ideas of running and managing the operations of a company It also helps a company to manage its finance effectively since training ensures that the management determine the issues that are cost effective thus it reduces the expenses of the company

In case of a public company which is a business organization , it is owned by the shareholders who contribute money known as capital . This capital is used to finance the operations of the business and incase the organizations may lack some funds to run their businesses they can borrow funds from the commercial banks and International bodies such as International Monetary Funds and the World Bank . The company is usually run by people known as the directors they ensure that the operations of the company are run effectively , incase the companies receive profits at the end of their financial periods they can distribute the profits in form of dividends to the shareholders and in other cases their can retain some of their money in reserves so that they can be able to do other business affairs such as expanding the company to meet the needs of the customers of the company . HYPERLINK "http /www .businessballs .com /training programme evaluation .htm http /www .businessballs .com /training program evaluation .htm

In companies there are many people who are employed , some of whom may be recruited directly from college and thus may lack the necessary experience to run the affairs of the company , others may have the experience to run the company but may lack relevant experience to run the affairs of the company thus there is a need to train all its employees so that they can gain the relevant experience that is required to run the company 's affairs effectively

The company can develop in house training program...