A Study On Evaluation of Training Effectiveness AT Big Bazaar
A Study On Evaluation of Training Effectiveness AT Big Bazaar
A Study On Evaluation of Training Effectiveness AT Big Bazaar
AT
BIG BAZAAR
BAGHLINGAMPALLY, HYDERABAD
2017-19
STUDENT DECLARATION
I hereby declare that this synopsis for Project Report titled EVALUATION OF
TRAINING EFFECTIVENESS submitted by me to the Department of Business
Management, O.U.,Hyderabad, is a bonafide work undertaken by me and it is not
submitted to any other University or Institution for the award of any degree diploma /
certificate or published any time before.
Date:
Signature of the Student
Place: (A. LAXMAN)
INTERNAL GUIDE CERTIFICATE
The success of any organization in the long run depends very much on the quality of
human resources. Human resources comprise the aggregate of employee attributes
including knowledge, skill and health which are potentially available to an
organization for the achievement of it’s goals. In other words, human resources
consist of the value of the productive capacity and considered to the most vital
and valuable amongst the resources namely men machine, money and material. It is
the quality of manpower that determines the success of an organization. The importance
also stems from the fact that all other resources depreciate in value with the passage of
time and use, the human resource appreciate in value through acquisition of greater
knowledge through experience and training that reflects an inherent dynamism and the
development potential.
There has been an increasing realization that the organization success is dependent on the
synergy created by its human resources. Growth can only be ensured through appropriate
collaboration and amalgamation of various personnel around organization goals or tasks.
Tremendous changes in the social science and technology, spheres have brought many
complexities to industrial system. The limitation of a machine is restricted to its
specification but that of a human being is unlimited provided it is tapped in the right way,
hence organization of all kinds seem to be growing increasingly aware of its economic
importance as a resource. In a competitive business world the success of an organization
depends to a great extent upon the leadership of the manager. If he can lead people
effectively and attain organizational objectives the organization will flourish.
The development of personnel at all levels is one of the primary responsibilities of the
manager as “it is the people in the organization which provide them competitive edge over
others”. Hence for the success of organization, management has to identify the potential
and innate abilities of the people to effectiveness of the organization in the economic
growth of country.
TRAINING
Every organization needs to have well trained and experienced persons to perform the
activity that have to be done. In a rapidly changing business environment training and
development is not only an activity but also an independent function or sub system within
the organization which it must commit its resources if it has to maintain a viable and
knowledgeable work force.
Oliver Sheldon says ‘No industry can rendered efficient so long as the fact remains
unrecognized that the in principally human – not a mass of machines and technical process
but a body of men. If manpower is properly utilized it causes the industry to run at its
maximum optimization getting results and also works for as an climax for industrial and
group satisfaction in the relation to the work formed. Competitive advantage is therefore
depending on the knowledge and skill possessed by employee more than the finance or
market structure by organization.
Meaning:
Training is the acquisition of technology which permits employees to perform their
present job to standards. It improves human performance on the job the employee is
presently doing or is being hired to do. Also, it is given when new technology in
introduced into the workplace.
Development is training people to acquire new horizons, technologies, or viewpoints. It
enables leaders to guide their organizations onto new expectations by being proactive
rather than reactive. It enables workers to create better products, faster services, and more
competitive organizations. It is learning for growth of the individual, but not related to a
specific present or future job. Unlike training, which can be completely evaluated,
development cannot always be fully evaluated. This does not mean that we should
abandon development programs, as helping people to grow and develop is what keeps an
organization in the cutting edge of competitive environments. Development can be
considered the forefront of what many now call the Learning Organization.
Importance of training
A well planned and well executed training programme can provide the following
advantages:
Principle of Training:
1. Training Plan: This must be well planned, prescribed and ably executed effective
implementation depends to great extend on planning.
3. Equity and fairness: T and D program must enjoy equal opportunity to drive benefit
out of such training and must have equal chance to undergo such training.
6. Top Management support: Top management support is essential to make Training and
Development effective.
8. Motivation – Training and Development have motivation aspects like better career
opportunity, individuals & skill development etc.,
Need for Training:
Training must be tailored to fit the organization’s strategy and structure. It is seen as
pivotal in implementing organization-wide culture-change efforts, such as developing a
commitment to customer service, adopting total quality management, or making a
transition to self-directed work teams. Pace-setting Human Resource Development
departments have moved from simply providing training on demand to solving
organizational problems.
1. Shortage of skill: Skilled and knowledge people are always on short supply,
alternatively they are too expensive to hire from outside. The best way is to improve the
skill and knowledge of the existing employees through Training and Development.
2. Technological Obsolesce: Growth of technology takes place very fast. This will render
current technological obsolesces in the near future.
Research can be defined as “a scientific and systematic search for pertinent information in
any branch of knowledge’. It is the pursuit of truth with the help of study, observation,
comparison and experiment. Research is , thus, an original contribution to the existing
stock of knowledge making for its advancement.
OBJECTIVES OF RESEARCH:
Research inculcates scientific and inductive thinking and it promotes the development of
logical habits of thinking and organization. The purpose of research is to discover answer
to question through the application of scientific procedures. The main aim of research is to
find out the hidden truth, which has not been discovered yet. Though each research study
has its own specific purpose, we may think of research objectives as falling not a number
of following broad groupings:
There are many methods of collecting primary data and the main methods include:
Questionnaire
Interviews
Focus group interviews
Observation
Case studies
Diaries
portfolios
Secondary data: Publish data and the data collected in the past or other parties is called
secondary data.
Magazine
HR Manual
Internet
Newspaper
Sampling Design
A sample design is a definite plan for obtaining a sample from a given population. The non
-probability sampling method is adopted. Non- probability is that sampling procedures
which does not afford any basis for estimating the probability that each item in the
population has being included in the sample. The researcher has adopted the non-
probability sampling procedure, as it was convenient in conducting the research study.
Collection of Data
Both primary and secondary data are employed in this study. Secondary data were
collected from company books, reports, particular and records and reports. For primary
data questionnaire were prepared circulated and collected.
Frame work of Analysis
In order to study the collective bargaining process of the company various statistical tools
such as percentage analysis have been used for an easy understanding and a few diagrams
have been also incorporated.
Sample Size
Considering the nature and extent of the time constraints a sample of 100 employees were
taken for this study.
LIMITATIONS OF THE STUDY
Due to constraint of time and resources, the study was conducted in the regional
sector as Big Bazaar and the results of the study cannot be generated.
The accuracy of the analysis and conclusion drawn entirely depends upon the
reliability of the information provided by the employees.
Sincere efforts were made to cover maximum departments of the employees, but the
study may not fully reflect the entire opinion of the employees.
In the fast moving/changing employees behavior, name new and better things may
emerge in the near future, which cannot be safeguard in this report.
CHAPTER - 2
REVIEW OF LITERATURE
Ellen A. et. al (2002) A research conducted by Ellen A.et.al during the year 2002
attempted to analyze training and development practice covering nine countries coming
under one regions. These countries are Australia, Canada, Japan, Korea, Indonesia,
Mexico, Taiwan, United States as well as Central and South America. The study looked
into whether there are common and universal training and development practices across
these countries. The study revealed that there existed no common or universal practices
across all these countries, but there existed significant similarities in the practices within
the country groups.
Among nine countries and one region the managers from Asian countries stood at the top,
being highly satisfied with the practices of training and development in their organizations.
At the same time, the managers from Mexico and Latin America considered the training
and development practices as utterly inadequate and they strongly felt that the training and
development practices badly needed improvement.
Khanday N(2012) carried out a study “on overview of employee training and
development systema case study on Indian financial institutions” The objective of the
study was to know the existing training and development practices in Jammu and Kashmir
Bank LTD, ICICI and State bank of India and To evaluate the perceptions perceived by the
employees across gender and work experiences on all dimensions of training and
development. The study was conducted in J&K, ICICI and SBI banks in Delhi, Mumbai,
Kolkata and Bengaluru. The questionnaire was issued to 510 employees out of which 480
responded. Five point Likert scale was used for the survey, further eight dimensions were
assessed. The data was analyzed and interpreted using SPSS and Minitab statistical
package. Both male and female employees have expressed equal level of satisfaction on
training and development policies and objectives. Both genders feel that bank has well
defined training and development policies and procedure. However, perception across
gender shows a significant difference across banks. Induction training and orientation
process are rated good by both male and female of State bank and ICICI .
Raymond A. Noe(1986) Studies of the influence of trainees' characteristics on training
effectiveness have focused on the level of ability necessary to learn program content.
Motivational and environmental influences of training effectiveness have received little
attention. This analysis integrates important motivational and situational factors from
organizational behavior theory and research into a model which describes how trainees'
attributes and attitudes may influence the effectiveness of training.
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India's
leading business houses with multiple businesses spanning across the consumption space.
While retail forms the core business activity of Future Group, group subsidiaries are
present in consumer finance, capital, insurance, leisure and entertainment, brand
development, retail real estate development, retail media and logistics.
Future Group understands the soul of Indian consumers. As one of India’s retail pioneers
with multiple retail formats, we connect a diverse and passionate community of Indian
buyers, sellers and businesses. The collective impact on business is staggering: Around
300 million customers walk into our stores each year and choose products and services
supplied by over 30,000 small, medium and large entrepreneurs and manufacturers from
across India. And this number is set to grow.
Future Group employs 30,000 people directly from every section of our society. We source
our supplies from enterprises across the country, creating fresh employment, impacting
livelihoods, empowering local communities and fostering mutual growth.
We believe in the ‘Indian dream’ and have aligned our business practices to our larger
objective of being a premier catalyst in India’s consumption-led growth story. Working
towards this end, we are ushering positive socio-economic changes in communities to help
the Indian dream fly high and the ‘Sone Ki Chidiya’ soar once again. This approach
remains embedded in our ethos even as we rapidly expand our footprints deeper into India.
Future Group believes in developing strong insights on Indian consumers and building
businesses based on Indian ideas, as espoused in the group's core value of 'Indianness'. The
group's corporate credo is, 'Rewrite rules, Retain values'.
About FutureBazaar.com
FutureBazaar delivers across more than 1500 cities and towns in India covering 16,000 pin
codes. FutureBazaar carries genuine products and offers manufacturer's warranty (as
opposed to Seller's warranty) which most other sites offer. FutureBazaar offers products
where the complete supply chain is managed by Future Group entities unlike other sites
that are marketplaces.
By the virtue of being a part of Future Group, FutureBazaar is able to offer a wide range of
genuine products at very competitive prices, confidence of buying from a trusted source
and the convenience of returning in our physical stores.
Big Bazaar is not just another hypermarket. It caters to every need of your family. Where
Big Bazaar scores over other stores is its value for money proposition for the Indian
customers.
At Big Bazaar, you will definitely get the best products at the best prices - that's what we
guarantee. With the ever increasing array of private labels, it has opened the doors into the
world of fashion and general merchandise including home furnishings, utensils, crockery,
cutlery, sports goods and much more at prices that will surprise you. And this is just the
beginning. Big Bazaar plans to add much more to complete your shopping experience.
CHAPTER - 4
DATA ANALYSIS AND INTERPRETATION
CHAPTER – 5
FINDINGS , SUGGESTIONS, CONCLUSION,
BIBLIOGRAPHY AND QUESTIONNAIRE