A Literature Review On The Relationship  Between Training (as A Core Responsibility  Of HRM) And Firm Performance.

Priya Sharma; Dr. S. L. Gupta

Volume : I, Issue : V, February - 2012

A Literature Review On The Relationship Between Training (as A Core Responsibility Of HRM) And Firm Performance.

Priya Sharma, Dr. S. L. Gupta

Abstract :

Large and small companies need training if they are to thrive. A simple approach to training can be the best way to achieve excellence. There are many researchers who explored the training and its important role in improving firm performance as well as some has been criticized it as too expensive and non transferring to the job. Some studies have find the impacts of training on firm performance while some have got failed on that. This article aims to understand the effects of training on firm performance by reviewing theory and previous empirical studies on the relationship between HRM, training and firm performance. The paper aims to describe the importance of HRM and its approaches towards employee training. It also describes the important theoretical approaches and proposes a framework for analyzing training and firm performance issues. Furthermore, HRM strategy does moderate the training performance relationship. Finally, the article discusses and identifies the limitations of previous studies and directions for future research on this topic.