A company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd. is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the com pany to advise it in this matter. While giving answer keep in mind the sector, the company is operating.
Which methods of training and development should company initiate? Explain giving reasons.
A company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd. is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the com pany to advise it in this matter. While giving answer keep in mind the sector, the company is operating.
Which methods of training and development should company initiate? Explain giving reasons.
The company can use 'on-the-job' and 'off-the-job' training methods, according to the nature of the work. Where the work is simple, on-the-job training methods can be used and where the work is complex and there is a use of sophisticated machinery and technology, off-the-job training methods can be used.
The merits or benefits of 'on-the-job' are:
(i) It is a practical method.
(ii) The trainee can contribute towards the real/actual work, as in the case of apprenticeship training.
(iii) Separate arrangements need not be done.
E.g.: In coaching method.
If the 'off-the-job' methods are used, then the benefits derived are:
(i) Vestibule training helps in avoiding modern and expensive equipment from being damaged.
(ii) The conference helps to develop conceptual knowledge, reduce resistance to change etc.
The company can use 'on-the-job' and 'off-the-job' training methods, according to the nature of the work. Where the work is simple, on-the-job training methods can be used and where the work is complex and there is a use of sophisticated machinery and technology, off-the-job training methods can be used.
The merits or benefits of 'on-the-job' are:
(i) It is a practical method.
(ii) The trainee can contribute towards the real/actual work, as in the case of apprenticeship training.
(iii) Separate arrangements need not be done.
E.g.: In coaching method.
If the 'off-the-job' methods are used, then the benefits derived are:
(i) Vestibule training helps in avoiding modern and expensive equipment from being damaged.
(ii) The conference helps to develop conceptual knowledge, reduce resistance to change etc.
