TRAINING AND DEVELOPMENT

PRESENTED BY SHIBASHISH GIRI ANIRBAN ANAND KUMAR JAISWAL ANIL KUMAR GAJENDRA

PUNJAB NATIONAL BANK

11/25/2012

MEANING AND DEFINATION

Management development is more future oriented and more concerned with education than in employee training or assisting a person to become a better performer, by education we mean that management development activities attempt to instill sound reasoning processes to enhance ones ability to understand and interpret knowledge rather than imparting a body of serial facts. Successful managers have analytical human conceptual and specialized skills. They are able to think and understand. Management development method is further divided into two parts:PUNJAB NATIONAL BANK 11/25/2012 On the job development methods

ON THE JOB METHODS

The development of a managers abilities can take place

on the job. We will review four popular on the job techniques Coaching Understudy assignments Job rotation Committee assignments

PUNJAB NATIONAL BANK

11/25/2012

 Coaching: when a manager takes active role in guiding another

manager we refer to this activity as coaching. The effective gives guidance through direction, advice and criticism and suggestion in an attempt to aid the growth of the employee Job rotation: job rotation represents an excellent method for broadening the manager or potential manager and for turning specialist into generalists, in addition to increasing the managers experience and allowing the manager to absorb new information; it can reduce boredom and stimulate the development of the new ideas. It can also provide opportunities for a more comprehensive and reliable evaluation of the manager by his or her supervisors. Committee assignments: assignment to a committee can provide an opportunity for the employee to share in manager decision making to learn by watching others and to investigate specific organizational problems. When committees are of adhoc or temporary nature they often take on task force activities designed to deliver into a particular problem ascertain alternative solutions and make recommendations for implementing solutions Understudy assignments: understudy assignments increases PUNJAB NATIONAL BANK 11/25/2012 the employees exposure to other member of the organization,

OFF THE JOB METHODS

Off the job development methods:

Sensitivity training:
Transactional training: Lecture courses

Simulation exercises

PUNJAB NATIONAL BANK

11/25/2012

 Sensitivity training: sensitivity training in encounter groups

is a method of changing behavior through group processes Transactional analysis: this may help managers understand others better and assist them in altering their responses so as to produce effective results. Lecture courses: formal lectures offer and opportunity for managers or potential managers to acquire knowledge and develop conceptual and analytical abilities. In large organizations, these lecture courses may be offered InThe-House by the organization itself. Simulation exercises: most widely used simulation exercises are: 1. Case studies 2. Simulated decisions game 3. Role playing BANK PUNJAB NATIONAL 11/25/2012

METHODS OF DEVELOPMENT IN PERSPECTIVE TO PUBLIC SECTOR BANKS

Public sector banks (PSBs) including Punjab National

Bank, IDBI, State Bank of India and Bank of India are altering their talent strategies to focus on performance and employee engagement. The banks are also lining up incentives such as paid holidays abroad, leadership and training programmes at top b-schools.

PUNJAB NATIONAL BANK

11/25/2012

 The increased focus on performance has resulted in top

business schools like IIMs witnessing an increase in executive management programmes taken up by banks to understand leadership, strategy, customer orientation and employee engagement. At IIM-Bangalore, SBI, Bank of India, State Bank of Travancore, Canara Bank, Andhra Bank, Syndicate Bank, Karnataka Bank are among the public sector banks that have participated in open/custom programmes in the last three years, catering to the GMs and DGMs.

PUNJAB NATIONAL BANK

11/25/2012

 Another bank that plans to provide global exposure to its

employees is Punjab National Bank that has tied up with a business School in Singapore to train their middle and senior management on leadership skills. Last year, the bank started a grievance portal for employees called "Samadhaan" through which an employee can mail problems related to promotions, or managerial hiccups to the chairman directly.

PUNJAB NATIONAL BANK

11/25/2012

PUNJAB NATIONAL BANK

11/25/2012

CONCLUSION
Hence, it can be said that Training and development is

about knowing where you stand at present, no matter how good or bad the current situation looks, and where you will be after some point of time. And all the techniques of Training and Development are different means towards achieving those ends for the organization. The better trained the employees of any industry will be, the better would be its productivity.

PUNJAB NATIONAL BANK

11/25/2012

PUNJAB NATIONAL BANK

11/25/2012