Training: A Short Study of the Field of Training & Development

Abstract

With the current trends in post-Recession Business Practices, India vis-à-vis the international business scenario has changed radically. Training & Development, as a separate division, considered an inherent part of the HRD Process of any organization, which in the previous mind-frame was operationally considered a Cost Center as opposed to a Profit Center, has ceased to be so, and training per se is undergoing a notional vis-à-vis actual sea-change. One could consider this a renaissance, or simply recognition of organizational and resource development needs in the currently neo-volatile business scenario. The Training Providers, entities which were previously Sales and Communication Training Institutes, are re-establishing themselves as emerging entities very much integrated with market demands and need. The growth of private education as an emergent industry in the Asia-Pacific block has also ensured and underscored that training as an industry is here to stay. The present article attempts to communicate training as a live entity, integrated to the current industrial and educational needs and trends.

Keywords: Training, Development