Professional Documents
Culture Documents
The major objective of the study is to proper understanding the working capital of AMW & to
suggest measures to overcome the shortfalls if any. Funds needed for short term needs for the
purpose like raw materials, payment of wages and other day to day expenses are known as
working capital. Decisions relating to working capital (Current assets-Current liabilities) and
short term financing are known as working capital management. It involves the relationship
between a firm’s short-term assets and its short term liabilities. By definition, working capital
management entails short-term definitions, generally relating to the next one year period. The
goal of working capital management is to ensure that the firm is able to continue its operation and
that it has sufficient cash flow to satisfy both maturing short term debt and upcoming operational
expenses. Working capital is primarily concerned with inventories management, Receivable
management, cash management & Payable management.
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RESEARCH OBJECTIVES
MINOR OBJECTIVES
To study the frequency of training, training methods and their effects on the trainees and
recommend certain measures for improvement.
To understand the present practices enforced in respect of training at the personnel
department and recommend any changes if necessary.
To take feedback and analyze the level of satisfaction amongst the employees in respect
of training activities and suggest alternatives.
2
Name of Company:
HINDUSTAN TIMES.
Concept:
It has its roots in the independence movement of the first half of the twentieth
century.
Pt Madan Mohan Malayia was a very good friend of Master Lyallpuri. He had suggested to Master Lyalpuri
that Akali should start one of their own English newspaper so that the Akal agenda and voice could
reach every nook and corner of India.
It was edited at times by many important people in India, including Devdas
Gandhi (the son of Mahatma Gandhi) and Khushwant Singh. The current editor of
the newspaper is Vir Sanghvi.
3
Sector Synopsis:
Media:
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various research organizations, private sectors as well as the public sectors. Media
is a conscience-keeper of the nation and has many tasks to perform in our day-to-
day lives. It helps the Government to achieve various socioeconomic and political
goals; educate urban and rural masses; instill a sense of responsibility among the
people; as well as provide justice to the needy. It largely consists of print media
like newspapers, magazines, journals and other publications, etc. as well as
electronic media like radio, television, internet, etc. With the changing scenario of
the world, it has acquired the status of an industry.
5
Overview of newspaper scenario:
In India newspaper publication began in Calcutta in the 1780's and by 1800 there
were several dozen publications in English, with the numbers increasing
periodically. Now, the progress has been so much that every major newspaper from
India has an internet edition.
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In India the print and the electronic media are both very active. It was reported that
in 1993, there were approximately 4000 newspapers being published in the
country. Now the figure has increased to approximately 5,525 newspapers. Each
week, National Readership Survey (NRS) says, the print news media reaches 242
million readers. These enormous numbers, the survey suggests, represent a chain of
growth, driven both by expanding literacy and improved living standards.
The publications in the country are in Hindi, English and all vernacular languages.
There is also a good range of weekly, fortnightly and monthly magazines in the
country which cover a whole range of national as well as international issues in
depth.
Top players:
Newspapers:
7
PRINT MEDIA:
It is true that the age of electronic media has started; however printed information is
and remains omnipresent. The market for print products offers more variety than
ever. Usually, printed products are categorized into commercial printing and
periodicals. This classification differentiates printed matter with regard to its
frequency of publication.
1. BOOKS:
Gutenberg’s work and his invention, printing with movabe lead types, in the middle
of the fifteenth century triggered a revolution in the book production. A much
greater proportion of the population got the chance to acquire education, culture
and information than had been possible with hand written books.
2. MAGAZINES:
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3. NEWSPAPERS:
The newspaper is still one of the most significant mass media today. Most
newspapers are produced daily and have a high circulation. The two most
important categories of newspapers are daily papers and weekly papers.
4. BROCHURES:
Apart from the advertising insert that comes in the newspapers and magazines,
there is a large market for leaflets and product descriptions. Such printed matter is
referred to as brochures. Brochures are commercial print work. The print volume of
brochures is low. They are mainly used to describe something particular (e.g.
company, product).
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SWOT Analysis:
Strength:
• Its New Delhi edition continues to be the single largest English daily edition
in the country with a circulation of over 9.2 lakhs.
• Hindustan Times has set many a standard for its competitors. It is the first
smart-age newspaper in India to evolve into a new international size, sleeker
and smarter, which ensures enhanced ease of reading and convenient
handling.
• In its endeavor to provide its readers with greater value, it has revamped its
existing supplements and added new ones to its portfolio, offering a daily
supplement catering to specific target audiences.
• In a major incentive for the advertisers as well as the readers, Hindustan
Times has entered into strategic alliances with The Indian Express, Business
Standard, Mid-Day and Deccan Chronicle. These alliances, along with its
strong presence in North India, make it one of the most formidable media
players.
Weakness:
Mumbai edition of Hindustan Times will suck most of the company’s
investments and profitability for the next two years will be adversely affected.
The Mumbai edition is expected to incur losses for a couple of years.
In Mumbai, HTM faces immense competition from the established The Times
of India and Indian Express, which also have greater financial resources. In
addition, other competitors entering the Mumbai market (DNA) will further
extend HTM’s timeframe to make money.
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Opportunity:
Threats:
11
In Mumbai, HTM faces immense competition from the established The Times
of India and Indian Express. In addition, other competitors have entered the
Mumbai market like DNA.
Company Profile:
This Delhi-based English newspaper is part of the KK Birla group and is managed
by Shobhana Bhartia, granddaughter of GD Birla. It is owned by HT Media Ltd.
The KK Birla group at present owns 69 per cent stake in HT Media, currently
valued at Rs 834 crore.
HT Media reported annual revenue of $186 million for the year 2006. The
Company reported a 31% increase in revenues for the FY'07 from Rs 385 crores to
Rs 505 crores. Non-annualized EPS was Rs 12.28.
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The first signs of co-operation between Delhi’s arch rivals Hindustan Times and
The Times of India were seen in Mumbai. When The Hindustan Times was
launched in Mumbai, The Times of India group lent its distribution infrastructure to
the newspaper. The Birla-owned newspaper, in turn, printed Mumbai Mirror for
The Times of India at its own printing facilities.
Hindustan Times tied up with Amar Ujala for cross-selling space in the two papers.
Hindustan Times Media group has bought social networking site Desimartini.com,
through its online subsidiary Firefly eVentures.
Chairman -
Dr K K Birla
Director –
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Mr. Y C Deweshwar
Ms Shobhana Bhartia
Head Office:
14
110001
Tel: 011-66561234
Fax: 011-23704600
Email: ipo@hindustantimes.com
Internet: http://www.hindustantimes.com
Board of Directors:
1. Dr. K.K.Birla.
2. Ms. Shobhana Bhartia.
3. Mr. Y.C.Deveshwar.
4. Mr. K.N. Memani.
5. Mr. Roger Greville.
6. Mr. Ajay Relan.
7. Mr. N.K. Singh.
8. Mr. Priyavrat Bhartia.
9. Mr. Shamit Bhartia.
15
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Marketing Strategy:
HT adopted a two-stage process. They first focused on building the brand in a new
market by targeting the discerning English reader. Then they focused on building
the circulation. They concentrated specifically on households that subscribe to
English newspapers. They built quality circulation instead of just increasing sales
numbers.
Promotional Strategy:
HT used ‘Let there be light’ ad campaign to spread the message of its superior
content. The positioning is that HT as a brand is a thought-stimulating product. The
TV commercial was made such that it showed HT readers were being distinguished
from a crowd of blindfolded people.
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Pricing Strategy:
The sales and delivery model that lasted for so many decades are undergoing a
radical change. Newspapers traditionally had `newsstand' sales from where a fairly
large proportion of their readers picked up their daily fix. The remaining sales were
made through `hawkers' who delivered the newspaper home and collected the
money at the end of the month. Subscription sales for daily newspapers were
always a very small proportion of the total sales.
The Hindustan Times has been touting a scheme where a newspaper has a cover
price of Rs 2.50 but actually costs just Re1 per day. A reader who goes in for the
cash back scheme on an advance payment of an annual subscription gets a glossy
booklet with twelve coupons affixed with a fancy hologram. A coupon is given at
the end of every month to the `hawker' who delivers the newspaper home. This
gives a feeling of security to the reader who is skeptical about a one-time advance
payment.
Present Status:
The flagship publication of the Group has editions from Delhi, Lucknow, Patna and
Kolkata, thus, dominating the Northern, Eastern and Central regions of the country.
It is printed out of eleven centers including Bhopal, Chandigarh, Delhi, Jaipur,
Nagpur, Kolkata, Lucknow, Bhagalpur, Patna, Ranchi and Raipur, reaching closer
to the consumers.
Its New Delhi edition continues to be the single largest English daily edition in the
country with a circulation of over 9.2 lakhs, while maintaining its leadership status
in Delhi as the largest circulated English daily at 5.5 lakhs.
In its endeavor to provide its readers with greater value, it has revamped its existing
supplements and added new ones to its portfolio, offering a daily supplement
catering to specific target audiences. Supplements like HT Estates (on real estate
and interiors) are the first of their kind in their respective categories.
HT NEXT:
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Hindustan Times rolled out
its youth edition - HT
NEXT. It is the first ever
Newspaper launched
especially for the youth.
Loaded with new, views and
interesting trivia from
around the world, the all-
color edition of Hindustan
Times will is available at a
price of Rs. 1.50 at stands
across Delhi and NCR.
Targeted purely at young
readers, HT Next promises
to be a reader friendly,
comprehensive and holistic daily with substance and style.
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The first Hindustan Times Luxury Conference, co-sponsored by the Ministry of
Commerce & Industry, Government of India, was held on 2006 in Mumbai.
Hindustan Times, one of India’s leading and most respected English dailies, has
always prided itself in spotting emerging trends and the Hindustan Times Luxury
Conference had been initiated to aid the development of the luxury industry in
India.
The Federation of Indian Chambers of Commerce and Industry (FICCI), India’s
premier trade body, was a partner in this endeavour.
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Overview:
Relevance:
The conference aims to understand the world's views on social, economic and
political issues. It tries to gain insights on India's role in the world and its
importance in the global growth scenario.
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TRAINING
Employee training is a specialized function and is one of the fundamental operative functions of
Human Resource Management.
Acc to FLIPPO,
“Training is the act of increasing the knowledge and skill of an employee for doing a particular
job.”
It is a short-term educational process and utilizing a systematic and organized procedure by
which employees learn technical knowledge and skills for a definite purpose. Training refers to
the organization’s efforts to improve an individual’s ability to perform a job or organizational
role. It can be defined as a learning experience in which it seeks a relative permanent change in
an individual that would improve his ability to perform the job.
Development is a related process. It covers not only those activities, which improve job
performance, but also those, which bring about growth of the personality. It helps individual in
the progress towards maturity and actualization of potential capabilities so that they can become
not only good employees but better human beings.
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PRINCIPLES OF TRAINING
MOTIVATION
Learning is enhanced when the learner is motivated. Learning experience must be designed so
learners can see how it will help in achieving the goals of the organization. Effectiveness of
training depends on motivation.
FEEDBACK
Training requires feedback. It is required so the trainee can correct his mistakes. Only getting
information about how he is doing to achieve goals, he can correct the deviations.
REINFORCEMENT
The principle of reinforcement tells the behaviors that are positively reinforced are encouraged
and sustained. It increases the likelihood that a learned behavior well be repeated.
PRACTICE
Practice increases a trainee’s performance. When the trainees practice actually, they gain
confidence and are less likely to make errors or to forget what they have learned.
INDIVIDUAL DIFFERENCES
Individual training is costly. Group training is advantageous to the organization. Individuals vary
in intelligence and aptitude from person to person. Training must be geared to the intelligence
and aptitude of individual trainee.
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OBJECTIVES OF TRAINING
TO INCREASE PRODUCTIVITY
An instructor can help employees increase their level of performance on their assignment.
Increase in human performance leads to increase in the operational productivity and also the
increase in the profit of the company.
TO IMPROVE QUALITY
Better-trained REPORTERSare less likely to make operational mistakes. It can be in relationship
to the company or in reference to the intangible organizational employment atmosphere.
PERSONAL GROWTH
Employees on a personal basis gain individually from their exposure to educational expressions.
Training programmes give them wider awareness and skills.
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NEED FOR TRAINING
To impart to the new entrants the basic knowledge and skills they need for definite tasks.
To build a line of competent people and prepare them to occupy more responsible
positions.
To prevent obsolescence.
To promote individual and collective morale, responsibility and cooperative attitudes etc.
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TYPES OF TRAINING
Training is required for several purposes. Accordingly training programmes may be of the
following types:
Job training: It refers to the training provided with a view to increase the knowledge and
skills of an employee for performance on the job. Employees may be taught the correct
methods of handling equipment and machines used in a job. Such training helps to reduce
accidents, waste and inefficiency in the performance of the job.
Safety training: Training provided to minimize accidents and damage to machinery is known
as safety training. It involves instruction in the use of safety devices and in safety
consciousness.
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METHODS OF TRAINING
METHODS OF
TRAINING
ON-THE-JOB TECHNIQUES
On the job techniques enables managers to practice management skills, make mistakes and learn
from their mistakes under the guidance of an experienced, competent manager. Some of the
methods are as:
Job rotation for managers usually involves temporary assignments that may range from several
months to one or more years in various departments, plants and offices. Job rotation for trainees
involves several short-term assignments, that touch a variety of skills and gives the trainees a
greater understanding of how various work areas function.
For middle and upper level management, it serves a slightly different function. At this stage, it
involves lateral promotions, which last for one or more years. It involves a move to different
work environment so that manager may develop competence in general management decision-
making skills.
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• Enlarged and enriched job responsibilities:
By giving an employee added job duties, and increasing the autonomy and responsibilities
associated with the job, the firm allows an employee to learn a lot about the job, department
and organization.
• Coaching:
The trainee is placed under a particular supervisor who functions as a coach in training the
individual. The supervisor provides the feedback to the trainee on his performance and offers
him some suggestions for improvement. Often the trainee shares some duties and
responsibilities of the coach and relives him of his burden.
A drawback is that the trainee may not have the freedom or opportunity to express his own
ideas.
• Committee assignments:
Here in, a group of trainees are given and asked to solve an actual organizational problem.
The trainees solve the problem jointly. This develops team work and group cohesiveness
feelings amongst the trainees.
OFF-THE-JOB TRAINING
It includes anything performed away from the employee’s job area or immediate work area.
Two broad categories of it are:
• IN HOUSE PROGRAMMES
These are conducted within the organizations own training facility; either by training
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specialists from HR department or by external consultant or a combination of both.
• OFF-SITE PROGRAMMES
It is held elsewhere and sponsored by an educational institution, a professional association, a
government agency or an independent training and development firm.The various off- the-
job-training programmes are as follows:
• Vestibule training: Herein, actual work conditions are
simulated in a classroom. Material, files and equipment those are used in actual job
performance are also used in training. This type of training is commonly used for training
personnel for clerical and semiskilled jobs. The duration of this training ranges from few days
to a few weeks. Theory can be related to practice in this method.
• Role-playing: It is defined as a method of human
interaction that involves realistic behaviour in imaginary situations. This method involves
action doing and practice. The participants play the role of certain characters, such as
production manager, HR manager, foreman, REPORTERSetc. This method is mostly used
for developing interpersonal interactions and relations.
• Lecture method: The lecture is a traditional and direct
method of instruction. The instruction organizes the material and gives it to the group of
trainees in the form of a talk. To be effective, the lecture must motivate and create interest
among the trainees. An advantage of this method is that it is direct and can be used for a large
group of trainees.
• Conference or discussion: It is a method in training the
clerical, professional and supervisory personnel. It involves a group of people who pose
ideas, examine and share facts and data, test assumptions and draw conclusions, all of which
contribute to the improvement of job performance. It has an advantage that it involves two-
way communication and hence feedback is provided. The participants feel free to speak in
small groups. Success depends upon the leadership qualities of the person who leads the
group.
• Programmed instruction: This method has become
popular in recent years. The subject matter to be learned is presented in a series of carefully
planned sequential units. These units are arranged from simple to mere complex levels of
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instructions. The trainee goes through these units by answering questions or filling the blanks.
This method is expensive and time consuming.
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The training programme envisaged before is put into operation. The actual training is initiated by
proper timetable and other arrangements.
EVALUATION
In this step, the effectiveness of the executive training programme is evaluated by measuring the
improved performance of executives who underwent the programme, on their job. There are
various criteria of measuring effectiveness such as validity, reliability etc.
The second group includes subjective responses from trainees/course delegates, as exemplified
by the “Happy Sheet”. The main question asked is about how individuals feel after the training.
Organizations often make the assumption that positive responses indicate training success and
therefore value to the organization. However, course delegates may well give strong positive
response scores for a number of reasons, including the presentational skills of the trainer, the
quality of the venue, and the “feel good” factor of indulging in a creative work group, and so on.
Quality measures appear to be more objective than the previous group, but are often flawed by
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subjectivity as well. They are typified by questionnaires asking delegates to “put a value on” the
likely benefits of a training programme.
Objective measures are the only really meaningful ones. However, they challenge the provider of
training to demonstrate how their training activities feed through to the “bottom line”: in terms of
return on investment and return on the capital employed. There has often been an assumption, in
times past, that training somehow “justifies itself”, because it is all about developing people.
However, it is incumbent on organizations to look critically at the ways in which they evaluate
their training activities, lest they fall prey to the subject approach and are badly caught out when
a rigorous analysis of all the functions of the organization’s business is called for. A desirable, if
not essential, characteristic of all training programmes is a built-in provision for evaluation. The
four main dimensions of evaluation are:
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The climate of the training organization, the relationship between participants and trainers, the
general attitude, and approaches of the trainers, training methods, etc are some of the important
elements of the training process which also needs to be evaluated.
In job-related training, the objective is to train people for specific job skills so that their
productivity may increase. Evaluation can be done either to the direct criterion of increase in
output or to the indirect criteria of decrease in cost, breakage or rejects. Even more indirect are
measures that point out changes in absenteeism or turnover.
The most difficult problems of evaluation lie in the area of human relations skill training, which
is given to the supervisors and middle- level managers. Supervisory and managerial training
programmes are, for this reason, less amenable to objective review procedures. Much subjectivity
enters into evaluations of these programmes, since exact standards and criteria are hard to devise.
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THE EVALUATION MODELS
The process of evaluating the training effectiveness involves the consideration of various
constraints. Many researchers have developed various methods and models in order to facilitate
this process. Some of the models are described as below: -
Context Evaluation: Obtaining and using information about the current operational context i.e.
about individual difficulties, organizational deficiencies etc. in practice, this mainly implies the
assessment of training needs as a basis for decision. This involves:
Examining the expectations and perceptions of the people.
Examining whether the training needs were accurately identified.
Putting the specific training event in the wider context of other training activities.
Establishing whether the trainers enjoyed the confidence of the trainees and
whether the latter are comfortable with the level and focus of the training.
Input Evaluation: Determine using factor and opinion about the available human and material
training resources in order to choose between alternative training methods.
This involves:
Establishing the adequacy of the resource base and its cost.
Considering the choice and effectiveness of the training methods and techniques.
Identifying the numbers who successfully completed the program compared with those
who started and draw appropriate inferences.
Establishing whether the trainers were perceived to be credible as far as the trainees are
concerned.
Establishing whether the psychological and emotional climate of learning was
appropriate.
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Reaction Evaluation: Monitoring the training as it is in progress. This involves continuous
examination of administrative arrangements and feedback from trainees. This involves:
Looking at the reactions of trainees to the content and method of training.
Establishing the reaction of other people, particularly line managers to the early results of
the training program.
Discussing the views and observations of the trainers.
Immediate Outcomes: The changes in the trainee’s knowledge, skills and attitude that can be
identified immediately after the completion of training. The aim here is to find out the extent to
which positive transfer of learning has taken place from the training to the workplace. This type
of evaluation may be done in several ways such as behaviourally anchored rating scales or self
repots supplemented by reports of subordinates, peers and supervisors or critical incidents etc.
Intermediate Outcomes: These are the changes in trainee’s actual work behaviour, which result
from training. The assumption here is that effective training should be reflected in the trainee’s
increased job-proficiency.
Ultimate Outcomes: These are the changes in the functioning of part or the entire organization,
which have resulted from changes in work behaviour. For this purpose, indexes of productivity,
labour turnover etc, studies of organizational climate and human resource accounting are taken as
the ultimate results achieved by the trainee.
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HAMBLIN’S MODEL
Hamblin (1974) said, “The purpose of evaluation is control”. A well controlled training program
is one in which the weakness and failures are identified and corrected by means of the negative
feedback and strengths and successes and corrected by means of the positive feedback. The
processes, which occur as a result of a successful training programme, can be divided into 4
levels. The evaluation can be carried out at any of the following levels:
Reaction Level: It measures the reactions of the trainees to the content and methods of
the training, not the trainer, and to any other factors perceived as relevant. It determines what
the trainee thought about the training.
Learning Level: It measures the learning attitude of the trainees during the learning
period. It collects information that did the trainees learn what was intended.
Job Behavior Level: The job behavior of the trainees in the work environment at the end
of the training period i.e. did the training got transferred to the job?
Effect on the Department: Has the training helped the trainees in improving the
department’s performance?
The Ultimate Level: It measures that has the training affected the ultimate well being of
the organization in terms of the business objectives.
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Measuring Techniques
Training at
Each Level
O1 E1 Reaction Notebooks
Reactions Reaction Observer’s Record
Objectives Effects Reaction Forms
O2 E2 Written Exam
Learning Learning Multiple choice Test
Objectives Effects Learning Portfolios
Activity Sampling
O3 E3
Interviews
Job Behaviour Job Behavior
Questionnaires
Objectives Effects
O4 E4 Indices of Productivity
Organization Organization Organisation Culture
Objectives Effects
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MODEL USED IN THIS REPORT FOR EVALUATION AND RECOMMENDATIONS
The Kirkpatrick Model establishes the effectiveness in terms of assessing the extent to which the
objectives are met. Combining the four levels of this model and an optimum cost benefit strategy
would enable the management to ascertain the extent to which a programme is contributing to the
effectiveness of the organization. Therefore, this technique is used to identify and recommend
certain measures in order to improve the training effectiveness at HT. The details of Kirkpatrick
Model are explained in the succeeding paragraph.
Perhaps the most influential approach to training evaluation was developed by D.L.
KIRKPATRICK (1975) which, according to Bornbrauer (1987), despite its age and common
sense approach to the subject, remains valid: “because of its comprehensiveness, simplicity, and
applicability to a variety of training situations.”
• LEVEL ONE-REACTION
This level in the Kirkpatrick model is seen to offer some useful insights into the early
experiences of trainees, but precisely because it is concerned with “feelings” and first reactions,
the results need to be viewed with some caution.
Measurement can be done through:
Reaction sheets: Reaction sheets (often refereed to as ‘happy sheets’) should ask questions
about the achievement of the course objectives, about the course material, the presentation, the
activities used, the venue and the pre-course material.
Group discussion: Build in time at the end of the course for how they will take the learning
forward. Have them record the main points of the discussion for you to take away.
Thumbs up, thumb down: This is much focused on reaction. Ask closed questions about the
training course directed to the whole group. If participants feel the answer to the question is ‘Yes’
they give a thumbs-up sign, if the answer is ‘No’, it’s a thumbs down. You need to record the
number of responses, positive or negative, to each question.
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• Level Two- Learning
This is the level at which “new learning” is generated and which requires evaluators to try to
establish individual’s progress towards the learning of specified skills and competencies.
Measurements can be done through:
Reaction sheets: Questions about what participants feel they have learnt during the course can be
included on the reaction sheets.
Post-courses review: Delegates should meet with their lime manager soon after the course to
discuss what learning has taken place and how this will be applied. They should then meet at
agreed intervals to review how much progress is being made.
Action plans: By requiring delegates to complete action plans at the end of course, we imply that
we are expecting them to implement some learning from the course and make some changes in
the way they work.
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• LEVEL FOUR- EFFECTS ON ORGANIZATIONAL PERFORMANCE
The ultimate level and one that represents an attempt to establish what is often described as the
impact of training on the “bottom line” must be measured.
As with level three evaluations, in order to assess the effects of training on an organization,
measures need to be taken prior to the training being carried out. Examples of such measures are:
Staff attitude surveys
Profit levels
Wastage
Levels of consumables used’
Accidents and damage rates
Customer complaints
Working rates
Error rates
Work outstanding
Task completed per hour/day/week
Self-assessment of performance by team members
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TRAINING PROGRAMMES IN HT
HT follows the philosophy to establish and build a strong performance driven culture with greater
accountability and responsibility at all levels. To that extent the Company views capability as a
combination of the right people in the right jobs, supported by the right processes, systems,
structure and metrics.
The Company organizes various training and development programmes, both in-house and at
other places in order to enhance the skills and efficiency of its employees. These training and
development programmes are conducted at various levels i.e. for REPORTERSand for officers
etc.
VARIOUS TRAINING PROGRAMMES ORGANISED FOR THE REPORTERSIN HT:-
S.no Training Programmes Duration Conducted by
1 ISO 9000 and ISO 14000 refresher 1 day Worker teachers
programme
2 Personality development 2 days Worker teachers
3 Worker teacher’s day 1 day Worker teachers
4 ISO 14000 awareness ½ day Worker teachers
5 National safety day 1 day Worker teachers
6 Fire fighting ½ day Security officer
7 Worker’s participation in 3 days Central board of
management worker’s association
8 Educational trip to Nainital, 7 days Worker teachers
Rishikesh, Dehradun
9 Gemba- Kaizen workshop 5 days Kaizen institute
10 Security and fire fighting 1 day Worker teachers
11 Positive approach 1 day Worker teachers
12 Vipassana meditation 2 days Vipassana Sadhna
Sansthan
13 Worker’s children- Workshop for 1 day Shakuntala Anand
young people, personality
development
TRAINING IN HT
HT provides training to all its employees as per the policy of the organization.
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PURPOSE OF TRAINING: To ensure availability of trained manpower.
Identification of Needs
Imparting Training
Feedback
Induction Training
Training Effectiveness
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IDENTIFICATION OF NEEDS
MANAGEMENT STAFF
The Performance Appraisal form of the organization has a section in which the training and
development needs are filed up. The person whom the concerned employee is reporting fills the
Performance Appraisal form annually. Such person may be a branch head or department head.
Identification of training need is done at the Executive Office (EO) level for the managers
through the Performance Appraisal forms annually and the records are maintained at the
Executive Office. Managers are nominated for the various training courses by the Executive’s
Office. Managers may also be nominated to certain training programmes from the branch if the
subject’s covered are found to be of interest or if they offer a learning opportunity in some
emerging areas of knowledge.
Training needs for the department through their Performance Appraisal forms identifies the
officers, which are filled in by the department head. The Performance Appraisal forms thus give
the emerging training needs. This exercise is carried out annually.
STAFF ANDreporters
Training needs for staff and REPORTERSare identified based on:
- Company’s strategy and policy.
- Organizational Thrust Areas.
- New Emerging Areas.
This together gives the consolidated system of needs that is prepared by the Personnel Officer
and approved by the Department Head.
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activities in a particular year. It is attempted to carry out all the programmes to fulfill the
identified needs. The Head of the Personnel Department monitors the actual training conducted
vis-à-vis the identified training needs on a monthly basis.
IMPARTING OF TRAINING
Actual training is imparted with the help of in-house and outside agencies. The selection of these
agencies is done on the basis of reputation; programmes offered by them, past experience and
feedback received from the earlier participants.
Training is also imparted by nominating the concerned employee for an external training
programme. All records of the training are maintained at branch as per Record of Training in the
Personnel folder and the same is intimated to the Executive Office Personnel through the
Monthly Personnel Report.
FEEDBACK
A feedback is taken from the participants through a questionnaire on the programme and their
impressions in order to further improve upon the same. There are three such questionnaires
available and one of these is used depending upon the nature of the training programme and the
level of participants. Also, a person from the personnel department sits through the final session
of the programme and takes the verbal feedback about the programme.
INDUCTION TRAINING
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WORKERS
In the case of a new entrant, he is called in General shift for 2 days for training under a senior
worker to familiarize him with the welfare facilities like card punching, canteen, public
conveniences, rules and regulations, standing orders, shift timings, spell outs, medical facilities,
leave procedures etc. After two days of training, he is deployed in the concerned department. The
Personnel Officer organizes this.
MANAGEMENT TRAINEE’S TRAINING
Management trainees are given a fortnight of induction programme. Corporate HR advises it as
per Management Trainee Training programme designed by them. Thereafter, a detailed training
programme is carried out whereby the incumbent is to understand in depth of working of each
department at various locations as per the programme given by the Corporate HR. Corporate HR
maintains all relevant records pertaining to Management Trainee’s training at Bangalore.
TRAINING EFFECTIVENESS
For each training programme conducted in-house for HT Delhi branch personnel, a training
brochure is developed. The brochure developed consists of the following information:
Programme objectives: Need of the training and what are the objectives that this training aims to
achieve, what likely outcomes are expected to come out of impact of this training.
Programme content: Topics being covered during the training.
-Methodology adopted.
-Programme faculty.
-Personnel to be covered.
-Training methodology.
-Training effectiveness criteria and scale.
The training effectiveness is measured by measurement of the achievement of the objectives.
This lists down the measurement indicators, achievement of which will ensure that programme
objectives are achieved.
A person gets nominated for the training programme in the following two ways:
a) Training programme flowing from the training needs.
45
b) Training programme for testing out the training/ increased awareness/ general
information/ omnibus training types etc.
The effectiveness of the outside training programme is measured on the same line as above.
However, no detailed brochure is prepared for the same. The measurement criterion for the
programme is defined in the beginning of the programme and effectiveness measured against
the same.
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A consolidated effectiveness report of the training programme is prepared at the end of
the year. The programmes that are found to be ineffective are reworked.
TRAINING OF AN OFFICER
Identification
of Approval from
Training needs the Personnel
Department
Consolidation
of Annual
Training needs Training
Budget
Annual Imparting
Training Training
Calendar
Collecting Monitoring of
Feedback for Actual Training
Further vis-a-vis the
Improvement Identified needs
47
TRAINING OF A REPOTERS
Organizational Identification 5%
Thrust Of a22%
Training needs ug2%
Areas
ga5%
tn66%
MUTUAL
FUNDS AND
gUTI
YEAR
2006-07
New Consolidation PRESIDENT
Emerging Of PIE
OF INDIA
Areas Training needs CHART
SHOWING
SHAREHO
LDING
Collecting
PATTERN
Feedback
OF HTfor
Annual
Further
FORTraining
THE
Training
Calendar
Monitoring of
Actual vs the
Identified
Training needs.
48
RESEARCH METHODOLOGY
Every project work is based on certain methodology, which is a way to systematically solve the
problem or attain its objectives. It is a very important guideline and lead to completion of
any project work through observation, data collection and data analysis.
According to Clifford Woody, “Research Methodology comprises of defining & redefining
problems, collecting, organizing &evaluating data, making deductions &researching to
conclusions.”
Accordingly, the methodology used in the project is as follows: -
Accordingly, 20 officers and 40 REPORTERShave been selected at random from all the
departments of the organization and feedback forms (questionnaire) have been obtained. The data
has been analyzed in order to arrive at present training practices in the organization.
49
population to have an equal chance of being included in the sample. This sampling is without
replacement, i.e. once an item is selected for the sample, it cannot appear in the sample again.
DATA COLLECTION
To determine the appropriate data for research mainly two kinds of data was collected namely
primary & secondary data as explained below:
PRIMARY DATA
Primary data are those, which were collected afresh & for the first time and thus happen to be
original in character. However, there are many methods of collecting the primary data; all have
not been used for the purpose of this project. The ones that have been used are:
Questionnaire
Informal Interviews
Observation
SECONDARY DATA
Secondary data is collected from previous researches and literature to fill in the respective
project. The secondary data was collected through:
Text Books
Articles
Journals
Websites
Pie Charts
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Tables
This study helps to understand, analyze & apply the core concepts of training in an
organization.
Managers would be able to identify the need of training for its employees.
Managers would know what employees think of the training and development
programmes and make changes if necessary.
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DATA ANALYSIS
1) How many training programmes have you attended in last 5 years?
No. of Programmes No. of Respondents % of Responses
0-5 8 40%
6-10 5 25%
10-15 4 20%
More than 15 3 15%
Total 20 100%
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INTERPRETATION
45% of the officers have attended 6-15 training programmes in the last 5 years, which is an
indication of an effective training policy of the organization. However, 40% of the officers have
attended only 0-5 training programmes, which needs to be evenly monitored by the organization.
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INTERPRETATION
35% of the respondents moderately agree to the fact of knowing the training objectives
beforehand, in addition to 25% who strongly agree. But a small population disagrees as 20%
strongly disagree to this notion. Training objectives should therefore be made known
compulsorily before imparting training in the organization.
3) The training programme was relevant to your developmental needs.
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Strongly Disagree 1 5%
Total 20 100%
INTERPRETATION
70% of the respondents feel that the training programmes were in accordance to their
developmental needs. 15% respondents could not comment on the question and 15% think that
the programmes are irrelevant to their developmental needs and the organization must ensure
programmes that satisfy the developmental needs of the officers.
4- The period of training session was sufficient for the learning.
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INTERPRETATION
52% respondents feel that the time limit of the training programme was adequate but 25% feel
that it was insufficient. Also, 21% could not comment on the question. All the respondents
though felt that increase in time limit of the programmes would certainly be beneficial and the
organization should plan for this to be implemented in the near future.
5) The training methods used during the training were effective for understanding
the subject.
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INTERPRETATION
40% of the respondents believe that the training methods used during the programmes were
helpful in understanding the subject, yet 25% disagree to this notion. The organization should use
better, hi-tech methods to enhance the effectiveness of the methods being used during the training
programmes.
65% respondents believe that the training sessions were exciting and a good learning experience.
10% respondents could not comment on this while 25% differ in opinion. They feel that the
training sessions could have been more exciting if the sessions had been more interactive and in
line with the current practices in the market.
7) The training aids used were helpful in improving the overall effectiveness
of the programme.
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Options No. of Respondents % of Responses
Strongly agree 4 20%
Moderately agree 5 25%
Can’t Say 7 35%
Moderately Disagree 3 15%
Strongly Disagree 1 5%
Total 20 100%
INTERPRETATION
40% of the respondents believe that the training aids used were helpful in improving the overall
effectiveness, yet 20% disagree to this notion. 35% respondents did not comment on the issue.
Yet the total mindset of the respondents was that the organization should use better scientific aids
to enhance the presentation and acceptance value of the training programme.
8) The training was effective in improving on- the- job efficiency.
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Moderately agree 6 30%
Can’t Say 4 20%
Moderately Disagree 4 20%
Strongly Disagree 3 15%
Total 20 100%
INTERPRETATION
45% respondents believe that the training programmes increase their job efficiency but 35%
disagree to this. The view of the respondents were towards having more technological and
current topics for the training programmes which could help them satisfy their creative urge and
simultaneously increase their on-the-job efficiency.
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Moderately Disagree 2 10%
Strongly Disagree 8 40%
Total 20 100%
INTERPRETATION
25% respondents have the opinion that the frequency of the training programmes is sufficient but
50% of the respondents differ to this. They believe that the number of training programmes
organized in a year should be increased and some in house training programmes should also be
organized by the organisation regularly.
10) Please suggest any changes you would like to have in the existing training
programmes.
The major suggestions for changes in the existing training programmes are as follows:-
The frequency of the training programmes organized in a year should be increased.
The duration of the training sessions should be amplified.
New programmes for personal as well as professional development of the officers should
be developed.
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Officers should be referred for the training programmes as per their developmental needs.
The training programmes should be organized outside the office in order to avoid
disturbance in the work.
Some training sessions should also be organized in house for the officers who find it
difficult to attend them if held outside the office premises.
Better presentation technologies should be used in order to increase the effectiveness of
the programmes.
The course curriculum for the training programmes should be current in terms of the new
developments in the world.
10) How many training programmes have you attended during the last year?
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INTERPRETATION
35% of the REPORTERShave attended 3-8 training programmes in the last year, which is the
clue of a useful training policy of the organization. However, 62% of the REPORTERShave
attended only 0-2 training programmes, which should be effectively seen by the organization.
Also, every worker should be given chances to attend as many training programmes as possible.
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INTERPRETATION
71% of the respondents feel that the training programmes were useful. 13% respondents could
not comment on the question and 16% think that the programmes were irrelevant to their
objective of being useful. The organization must ensure programmes that are useful and prove to
cater to the developmental needs of thereporters.
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INTERPRETATION
42% respondents feel that the time limit of the training programme was adequate but 35% feel
that it was insufficient. Also, 13% could not comment on the question. All the respondents
though felt that increase in time limit of the programmes would certainly be advantageous and
the organization should take some steps in this direction.
13) The time limit of the training programme, if increased would make it more
effective.
65
INTERPRETATION
65% respondents feel that the increase in the duration of the training programmes would be
beneficial but 25% differ to this opinion. Going by the majority, the organisation should make
required changes to increase the duration of the programmes and also take the opinion of the
REPORTERSto have an effective training session.
14) The training was effective in improving your on-the-job efficiency.
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INTERPRETATION
62% respondents believe that the training programmes increase their job efficiency but 25%
disagree to this. The respondents were of the opinion that having current topics for the training
programmes and also some sessions by an external faculty would help them increase their on the
job efficiency.
15) The training aids used were effective in improving the overall effectiveness
of the programme.
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INTERPRETATION
35% respondents believe that the training aids were effective in improving the overall efficiency
of the programme. Contrary to this, 35% disagree and 30% could not comment on the issue. The
organization should ensure positive awareness about the training aids used. Also, the use of better
presentation aids should be facilitated.
16) The number of training programmes organized for REPORTERSin a year
are sufficient.
Options No. of Respondents % of Responses
Strongly agree 7 18%
Moderately agree 6 15%
Can’t Say 4 10%
Moderately Disagree 15 37%
Strongly Disagree 8 20%
Total 40 100%
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INTERPRETATION
33% respondents believe that the numbers of training programmes organized in a year are
sufficient, but a majority of 57% disagrees to this. The organization should ensure multiple
programmes for the REPORTERSand hence enable them in improving their skills and
knowledge.
17) The participation of REPORTERSin training programme would help increase
its effectiveness.
Options No. of Respondents % of Responses
Strongly agree 20 49%
Moderately agree 9 23%
Can’t Say 5 13%
Moderately Disagree 4 10%
Strongly Disagree 2 5%
Total 40 100%
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INTERPRETATION
72% respondents feel that participative and interactive training session could provide more
awareness and knowledge in a small span of time as compared to classroom teaching. 13%
respondents could not comment on this and 15% disagree to it.
18) Please suggest any changes you would like to have in the existing training
programmes.
The major suggestions for changes in the existing training programmes are as follows:-
The REPORTERSwere of the opinion that external faculty should be appointed for the
training programmes.
The period of the training sessions should be augmented.
The rate of the training programmes organized in a year should be increased.
Every one should get a chance to attend the training programmes.
Documentaries and other films relating to issues of motivation, team building should be
screened.
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Practical examples should be used to make things easy to understand during the training
sessions.
Better technological aids and methods should be used to make the training sessions
exciting.
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CONCLUSIONS & IMPLICATIONS
Training is considered as a positive step towards augmentation of the knowledge base by the
respondents.
The objectives of the training programmes were broadly known to the respondents prior to
attending them.
The training programmes were adequately designed to cater to the developmental needs of
the respondents.
Some of the respondents suggested that the time period of the training programmes were less
and thus need to be increased.
Some of the respondents also suggested that use of latest training methods will enhance the
effectiveness of the training programmes.
Some respondents believe that the training sessions could be made more exciting if the
sessions had been more interactive and in line with the current practices in the market.
The training aids used were helpful in improving the overall effectiveness of the training
programmes.
The training programmes were able to improve on-the-job efficiency.
Some respondents also recommended that the number of training programmes be increased.
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RECOMMENDATIONS
Based on the data collected through the questionnaire and interactions with the Officers and
REPORTERSof HT the following recommendations are made for consideration:
The organization may utilize both subjective and objective approach for the training
programmes.
The organization may consider deputing each employee to attend at least one training
programmes each year.
The In-house training programmes will be beneficial to the organization as well as employees
since it will help employees to attend their official work while undergoing the training.
The organization can also arrange part time training programmes in the office premises for
short durations, spanning over a few days, in order to avoid any interruption in the routine
work.
The organization can arrange the training programmes department wise in order to give
focused attention towards the departmental requirements.
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BIBLIOGRAPHY
74
APPENDIX
QUESTIONNIARE
1) How many training programmes have you attended in last 5 years?
0-5
6-10
10-15
More than 15
5) The training methods used during the training were effective for understanding the subject.
75
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
7) The training aids used were helpful in improving the overall effectiveness of the programme.
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
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9) In your opinion, the numbers of training programmes organized during the year were sufficient
for officers of HT.
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
10) How many training programmes have you attended during the last year?
Upto 2
3-5
6-8
More than 8
13) The time limit of the training programme, if increased would make it more effective.
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Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
15) The training aids used were effective in improving the overall effectiveness of the
programme.
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
16) The number of training programmes organized for REPORTERSin a year are sufficient.
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
78
17) The participation of REPORTERSin training programme would help increase its
effectiveness.
Strongly agree
Moderately agree
Can’t Say
Moderately Disagree
Strongly Disagree
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THANKING YOU
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