Management Essay -- Training and Development, Change, Innovation

Management Essay -- Training and Development, Change, Innovation

Training and Development is said to be beneficial for both firms and employees. Why then are some organisations and individuals reluctant to invest in training? The question appears to make assumptions that some organisations and individuals are reluctant to invest in training despite the fact that there are some obvious benefits for both firms and employees with training and development. This essay will explain the meaning of training and development, highlight the positive impacts that training and development have on the performance of employees and organisations, as well as the reason both employees and firms are reluctant to investing in it. Some authors have argued that there is little or no difference between training and development as they are intertwined overlap a lot and can be used interchangeably. Training is a single event which is skills specific, while development is an on-going process which enhances people’s capability from a present state to a future state where higher skills are needed (Armstrong 2006).