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EFFECTS OF TRAINING AND DEVELOPMENT ON ORGANISATIONAL DEVELOPMENT IN A RECORD ECONOMY (A CASE STUDY OF RAIN OIL DELTA STATE)

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 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis
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ABSTRACT

The study on effects of training and development on organisational development in a record economy aimed to determine the relationship between effectives training and organisational growth and development, to determine the roles of training in the growth of manufacturing companies in a record economy, to investigate on the factors affecting effective implementation of adequate training programmes in rainoil, Delta State, to examine the effect of organisational policies on staff training and development in rainoil, Delta State. The study made use of primary data which are gotten from the distribution of the research questionnaires; the sample size for the study is 100. The study made use of the Pearson correlation method for the analysis. The study therefore concluded that there is significant relationship between effectives training and organisational growth and development in rainoil, Delta State. The study also made useful recommendation to assist Rainoil, Delta in decision making.

CHAPTER ONE

1.0 INTRODUCTION

1.1 BACKGROUND OF STUDY

Training implementation of training and development programs plays a significant role in the organizational growth and development.

According to (Stone R J. Human Resource Management, 2002) stated that training has the distinct role in the achievement of an organizational goal by incorporating the interests of organization and the workforce. Nowadays training is the most important factor in the business world because training increases the efficiency and the effectiveness of both employees and the organization. The employee performance depends on various factors. But the most important factor of employee performance is training.

Training is important to enhance the capabilities of employees. The employees who have more on the job experience have better performance because there is an increase in the both skills & competencies because of more on the job experience (Fakhar Ul Afaq, Anwar Khan, 2012).

According to Ejiofor (1987), training is indispensable to employee efficiency especially with the growth and modernization in the banking industry. He added that, they are essential for better labour utilization and planning of organizational goals.

Also, cloyd (1964) viewed that the evolution of training and development signal the wisdom of man desired toward industrial revolution couple with determination to pursue their national development. He said further that through this they invented tools, weapon, clothing and shelters to meet their standard of living. In 1957, there was sudden fallout of knowledge due to proportion of uncertainty, and absolute information which becomes invalid for human use. He concluded that training and development is an instrument for reduce deterioration and improved efficiency.

According to Cole(1997). Training was indispensable to the attainment of organizational goals because, employees who have not adequate training before assigned responsibilities lack the necessary confidence to execute its jobs. He cited example the aspect of difference in training between polytechnic and universities, which the polytechnic acquire more practical knowledge while, the universities is more of theoretical.

Training does not only impact on organizational development bought plays a major role in the growth and development of the economy of the country concerned (Kehinde, 2010). The study in this regard wishes to examine the effects of training and development on organizational development in a record economy using Rainoil, Delta State as the case study.

1.2 HISTORICAL BACKGROUND OF RAINOIL

Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).

Rainoil Limited was incorporated in November 1994. Commencing business as a petroleum products marketing company in May 1997, the company’s assets base has grown over the last 20 years to include:

• Bulk Storage - 2 ultra-modern petroleum product storage depots i.e. a 50 million litre capacity multi-product depot in Oghara, Delta State and a 40 million litre capacity multi-product depot in the Calabar Free Trade Zone, Calabar, Cross River State.

• Retail Services - 41 retail outlets spread across the country. Our stations are strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Calabar, Uyo, Enugu, Onitsha, Asaba, Makurdi, Sapele, Lafia, Keffi etc. We have a large and diverse customer base of retailers who rely on us for supply of products.

• Logistics - A fleet of over 91 tank trucks for efficient delivery of products to our network of stations and customers across the country. The fleet is frequently renewed through a deliberate truck acquisition policy.

• Marine Services - 6 shipping vessels; with a total carrying capacity of over 120,000 metric tonnes.

Rainoil remains a wholly indigenous company and a recognised player in the downstream oil and gas industry. The ultra-modern head office is located in Lekki, Lagos State

1.3 STATEMENT OF RESEARCH PROBLEM

Some organizations in Nigeria do not engage in proper training and development of its staff, resulting to low productivity and poor organizational performance. In most cases, these organizations are not fully aware of the impacts of employee training and development on the performance of their organization, and thus they do not undertake training and development exercises for their employees.

According to Cole (2002), ill trained employees will definitely be less productive and contribute less to the organisational growth and development, as they do not have the necessary and complete skills and knowledge to achieve maximum performance in the organization. Training of employees must be implemented in every organization that wishes to succeed, since training enhances skills, knowledge, attributes and competencies and ultimately worker performance and productivity in organizations.

1.4 AIMS AND OBJECTIVES OF STUDY

The main aim of the research work is to examine the effects of training and development on organisational development in a record economy. Other specific objectives of the study include:

  1. to determine the relationship between effectives training and organisational growth and development
  2. to determine the roles of training in the growth of manufacturing companies in a record economy
  3. To investigate on the factors affecting effective implementation of adequate training programmes in rainoil, Delta State.
  4. to examine the effect of organisational policies on staff training and development in rainoil, Delta State
  5. to proffer solution to the above stated problem

1.5 RESEARCH HYPOTHESIS

The study came up with research questions so as to be able to ascertain the above stated objectives. The research questions for the study are stated below as follows:

  1. What is the relationship between effectives training and organisational growth and development?
  2. What are the roles of training in the growth of manufacturing companies in a record economy?
  3. What are the factors affecting effective implementation of adequate training programmes in rainoil, Delta State?
  4. What is the effect of organisational policies on staff training and development in rainoil, Delta State?

1.6 STATEMENT OF RESEARCH HYPOTHESIS

H0: there is no significant relationship between effectives training and organisational growth and development in rainoil, Delta State

H1: there is significant relationship between effectives training and organisational growth and development in rainoil, Delta State

1.7 SIGNIFICANCE OF THE STUDY

The study will help firms understand the importance of training programs. It will also enable them structure their training programs to make them more effective in terms of helping to improve the efficiency of the workforce and lead to better performance. This also ensures the existence of a pool of skilled workforce who could be utilized for national development. Labour is a major input to the success of the company. If labour is efficient it will help improve the performance of the company. As companies perform better they are able to increase output and contribute more to the economy. They are also able to grow and hire more people thus helping to decrease the level of unemployment. As companies perform better, they are also able to compete better enabling the economy to remain vibrant.

The study will also be of great benefit to student researchers who wish to explore more into the impact training has had on the overall performance of employees in various organizations. The study will serve as a guide to these students who may further get more insights into the recommendations and findings from the study thereby, forming an empirical literature for them.

1.8 SCOPE OF STUDY

The study on the effects of training and development on organisational development in a record economy is limited to rainoil, Delta State. The study will cover the importance of training programs in organisations and also discuss the contribution of adequate training to manufacturing companies and to the economy of Nigeria.

1.9 LIMITATION OF STUDY

Financial constraint- Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).

Time constraint- The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work

1.10 DEFINITION OF TERMS

Training: Training could be seen as an Organizational effort aimed at helping an employee to acquire basic skills required for the efficient and effective execution of the function for which he/she is hired for.

Planning: Is a strategy by which Organization ensures that right number of employees with the right talent/skill occupy the right position of the Organization. It is a deliberate effort put in place to attain a target goal.

Efficiency: This refers to an input-output relationship that is maximum work achieved for a minimum time or result. It is a notion of ‘Optimization’ whereby maximum satisfaction is obtained for a given out lay of resources.

Effectiveness: This is referred to how frequently and perfectly human or machine are able to carry out a task leading to a required output that always resulted to an Organizational efficiency. Effectiveness is therefore a means to an end”.

Organization: This is referred to as two (2) or more people working together in a co-ordinated manner to attain group results.

Performance: The accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed. In a contract, performance is deemed to be the fulfillment of an obligation, in a manner that releases the performer from all liabilities under the contract.

Productivity: Productivity is the ratio of output to inputs in production; it is an average measure of the efficiency of production. Efficiency of production means production’s capability to create incomes which is measured by the formula real output value minus real input value.

Output: Output is the term denoting either an exit or changes which exit a system and which activate/modify a process. It is an abstract concept, used in the modeling, system(s) design and system(s) exploitation.

Employee: An employee is anyone who has agreed to be employed, under a contract of service, to work for some form of payment. This can include wages, salary, commission and piece rates.

Seminar: This is, generally, a form of academic instruction, either at an academic institution or offered by a commercial or professional organization. It has the function of bringing together small groups for recurring meetings, focusing each time on some particular subject, in which everyone present is requested to actively participate.

Workshop: a gathering of small group of individuals for academic conference or job training.

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Paper Information

Format:MS WORD
Chapter:1-5
Pages:80
Attribute:Questionnaire, Data Analysis
Price:₦3,000
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