A SYNOPSIS
on
“A Study of Training and Development
Adopted at Sun flag Iron & Steel Company
Ltd., Bhandara”
Submitted to
Mahatma Gandhi Antarashtriya Hindi Vishwa
Vidyalaya, Wardha
Submitted by
MR. PRATIK MILIND YERNE
Enrollment No. 29001170001
Specialization – Human Resource Management
Under the Guidance of
Dr. Prashant A. Manusmare
HOD, Department of Management Science & Research
J.M.Patel College, Bhandara
(a)
INTRODUCTION
The Sunflag Group
Since inception Sunflag has firmly believed that geographical
boundaries do not limit the growth of human progress. In furthering its
commitment to narrow the gap between developed and the developing
countries, Sunflag has succeeded in transplanting advanced technologies into
third world nations. Sun flag’s activities range from making artificial
leather, synthetic fibers, spinning, weaving, and manufacturing of
sophisticated garments to agriculture and agro based industries. With a
pragmatic investment policy, professional management and a commitment
to maintain the highest standards of business ethics, Sunflag looks forward
to playing an ever-increasing role in enriching the industrial environment of
the countries with which Sunflag's destiny is so closely entwined.
INTRODUCTION TO TOPIC
Today, the technological advancement is taking place at such a rapid
speed that the knowledge and skill required by an individual absolute at
much faster rate. Thus, according to requirements, training is fast arising.
Training is the act of increasing a knowledge and skill of an employee for
doing a particular job. In short, training can be defined as an organized
instructional process for improving employee’s skills, knowledge work
habits and attitudes. Human resource development is a management function
that helps the managers to recruit, select, train and develops members for an
organisation.
(b)
RATIONALE & SIGNIFICANCE
Training is the act of improving ones knowledge and skill to improve
his/her job performance. Training is job oriented. It bridges the gap between
what the employee has and what the job demands. Today, the technological
advancement is taking place at such a rapid Speed that the knowledge and
skill required by an individual absolute At much faster rate. Thus, according
to requirements, training is fast arising after having selected the most
suitable persons for Various jobs, next activity by the organization is to give
them training For obtaining efficient output from them. An employee’s
talent cannot Be fully productive without a systematic training programme.
Thus Training is beneficial to employee to in terms of better job security
and Greater opportunities for advancement. Hence industrial growth takes
Place with this trained manpower training is one of the mean to Enhance
learning & keep oneself updated. The organizational and Individual
capability can be built through effective training so that Rapid technological
changes, improve product & service quality, boost Productivity to stay
competitive & offer a higher value to the Customer on a sustainable basis.
Training consists of planned program designed to improve Performance at
the individual, group and organizational level.
Improving quality often require remedial education training, since
Quality improvement program assume employee can use critical Thinking
skill, produce charts, graphs & analyze data. It helps to meet The challenges
posed by the global competitions In the view of the above significance, i
choose this topic for project Work.
(c )
OBJECTIVES
1) To study how training and development program can be successfully
implemented and effectively imparted in SISCO.
2) To gain an insight into the organization and operation of company.
3) To evaluate the need of training program.
4) To study different methods of training process in SISCO.
5) To observe present worthiness of training and development in SISCO.
(d)
REASEARCH METHODOLOGY
Meaning of research….
Research is any systematic activity carried out in the pursuit of truth.
Is a purposive investigation
Is the application of scientific method to add to the present pool of
knowledge.
Is a way of finding new ways of looking at familiar things in order to
explore ways of changing it
Research methodology is a way to systematically solve the research problem. It
may be understand as a science of studying how research is done science typically. It
is necessary for the researches to known not only any of the research methods/
techniques but also the methodology. Researchers not only need to know how to
develop certain tests, how to calculate the mean, the mode, the median or standard
deviation or chi-square, how to apply particular research techniques but also need to
know which of these methods are relevant and which are not and what would they
mean and indicate and why researchers also need to understand the assumptions
underlying various techniques and they need to know the criteria by which they can
decide that certain techniques and procedures will be applicable to certain problems
and others., will not. All this means that it is necessary for the researcher to design
his methodology for his problem as the same may differ from problem to problem for
example an architect, who designs a building has to consciously cultivate the lasers of
decisions, i.e. he has to valuate why and what basis he selects particular size, number
and location of doors, windows and ventilators, use particular material and not others
and the like. Similarly, in research the scientist has to expose the research decisions to
evaluation before they are implemented, he has to specify very clearly and precisely
what decisions he selects and why so that they can be evaluated by other also.
DATA SOURCES
1. PRIMARY DATA : The data will be collected by carrying personal interview
with employees. Questionnaires will be prepared for employees. Employees will
be selected on random basis with reference to different categories.
SAMPLE SIZE : 100 EMPLOYEES
2 SECONDARY DATA : Data will be collected through magazines,
company’s records, books and from web-site.
CONTACT METHOD
The research is solely by structured questionnaire method. By this method
a set of questions will be asked to employee and feedback will be taken.
Limitations of the Study
The study is confined to the middle level management comprising of different
levels of managers, engineers and executives.
The study is limited to select attitudinal and behavioural related aspects in devising
holistic training programs.
(e)
HYPOTHESES
Hypothesis refers to a concept that is not yet verified but that if true would
explain certain facts or phenomenon. Though it is often referred as a convenient
mathematical approach for simplifying calculations, setting up and testing
hypothesis is an integral part of statically inference. Thus hypothesis of a
phenomenon proposal suggesting a possible correlation between multiple
phenomena. For the purpose of decision making a hypothesis has to verified and
then accepted or rejected. We test the sample and make a decision on the basis of
result obtained.
The hypothesis to be tested is called the null hypothesis and is denoted by Ho.
This is to be tested against other possible states of nature called alternative
hypothesis & it is denoted by H1.
The null hypothesis implies that there is no difference between the statistic and the
population parameter.
The hypotheses of study are:
Ho: There is no significant impact of training and development process on
organization.
H1: There is significant impact of training and development process on
organization.
(f)
EXPECTED CONTRIBUTION
Training is corner-stone of sound management, for it makes employees more
effective and productive. It is actively and intimately connected with all the
personnel managerial activities. It is an integral part of whole management
programmer, with all its many activities functionally inter related.
There is an ever present need for training men so that new and changed
technique may be taken advantage and improvements affected in the old
method
Every organization need to have well trained & experienced people to
perform the organizational activities .If the job occupant has well trained or
experienced about that specific work then there is no need of training but if
it is not so, at that time it is necessary to raise the skill level & increase the
versatility and adoptability of employees. As the jobs become more complex
the importance of employee development is also increased. For instance
software companies, IT sectors etc.
Industrial growth can not take place without trained manpower, the
technological advancement is taking place at such a rapid speed that the
knowledge and skills required by individual absolutely at much faster rate.
Accordingly there is requirement of systematic training.
An employee’s talent can not be fully productive without a systematic
training. Training is also beneficial to employee in term of better job security
& satisfaction greater opportunities for advancement.
This Project will carries out lot of contribution to the corporate sector for
improving Efficiency of employee, for increasing Productivity and so on..
(g)
BIBLIOGRAPHY
1) Human Resource Management – Khanka
2) Employee training and motivation : A practive manual
- Narender Ahuja
3) Manpower training using training manuals at SISCO.
4) Personnel management – C.B. Memoria
5) www.sunflag.com
6) Articles, Manuals etc
(h)
CHAPTERIZATION
Chap.1 Company profile
Chap.2 Introduction of topic
Chap.3 Objectives
Chap.4 Research Methodology
Chap.5 Hypothesis
Chap.6 Topic
Chap.7 Data collection & Interpretation
Chap.8 Limitation
Chap.9 Conclusion
Chap.10 Suggestions
Chap.11 Bibliography
Submitted By Guided by
Mr. Pratik M.Yerne Dr.Prashant A. Manusmare
Enrollment No :29001170001 HOD
Deptt. Of Management Studies
J. M. Patel College, BHANDARA
