Impact of Training and Development on Organizational Effectiveness: A Study on Private Sector Bank

The term "organizational effectiveness" is well-known in the fields of business and research, and it is acknowledged as a tool to assess profitability and/or productivity. The effectiveness of the organization is significantly influenced by the employees. The expertise and potentiality needed to accomplish a specified task have changed as a sequel of technological refinements. Training and development are complimentary elements of a single process. Instead of being sequential and hierarchical, they are interconnected and dependent on one another. Any organization's performance is greatly influenced by its well-trained and developed workforce. Thereupon, the focus of this paper is to evaluate how training and development affect employees' performance and to look at how training and development relate to the organisational effectiveness. The primary data for this descriptive study was gathered by 50 HDFC Bank employees utilizing a standardised questionnaire. Data is collected using the simple random sample method, and SPSS is used for analysis. In this study, the main conclusions and their relevance are discussed.