Training & Development for competitive advantage- A study of Public Sector Enterprises
Abstract
The role and importance of public sector enterprises in India remains unparallel as they contribute to the overall growth and development of various sectors of the economy. They spurred not only economic growth but also hastened social and regional developments which in turn have changed the Indian economy into one of the strongest economies of the 21st century. The economic reforms initiated in the year 1991 exposed them to globalization and made them to re-establish in a new form/avatar. Against this background, this paper attempts to examine the competitiveness of the central public sector enterprises in India in unleashing the competencies of their human resources through training and development (T&D) in the era of globalization. The paper analysis the perceptions of employees on the ethos, content, methodology, evaluation, facilities of T&D in the CPSEs in India. Survey method has been followed for the collection of data and cross tabulation has been used to organize the data collected from 199 respondents. Data has been statistically treated using appropriate measures. The results demonstrate that the LPG era has led to changes in the training and development policies and programs which are used to gaincompetitive advantage. The results indicate implications fro other public sector enterprises in reorienting their training and development programmes align with goals and thereby gaining competitive advantage.
Authors
Dr Gauri Dhingra, Himani Gupta, Manisha Gupta