IMPACT OF TRAINING AND DEVELOPMENT ON ORGANIZATIONAL PERFORMANCE OF STEELS COMPANY IN NEPAL

Abstract

The purpose of this study is to investigate the relationship between training and development initiatives and the overall productivity of Nepalese steel businesses. The research uses surveys to collect information on existing training procedures, career planning, employee participation, and perceived benefits, emphasizing the significance of training for employee skill development and organizational performance. It examines these variables for various age ranges, genders, and job titles within the organizations. The influence of these implementation problems on performance is identified by the research. This is corroborated by a 150-observation analysis that found no meaningful link between organizational development and conventional predictors such career planning, training, and development. The study urges greater research in this field and highlights the need for a more thorough understanding of the variables influencing organizational development. Notwithstanding this surprising discovery, the study provides insightful information about the state of training in the Nepalese steel sector. It ends by offering helpful suggestions for maximizing training and development initiatives. These include ideas for customized training, encouraging a culture of lifelong learning, delivering training via technology, and coordinating training with market conditions and organizational objectives. It also identifies challenges in implementing effective training strategies and their impact on organizational performance which are already defined and found by the survey conducted to 150 of the employees obtained. The findings highlight the need for continuous investment in training and development to enhance skills and job performance. Recommendations include career planning for improving training programs and development on effectiveness, fostering a culture of continuous learning, leveraging technology-enabled learning, and aligning training with organizational goals. The study undergoes descriptive and analytical analysis to see the impact of training and development on organizational performance of steels industry. At the end the study will provide practical recommendations to Nepalese steel companies for optimizing training and development efforts, by implementing tailored programs, promoting continuous learning and skill development, investing in technology-based solutions, and aligning training initiatives with organizational goals and market dynamics. Suggestions for further research will also be offered.