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Research on the Impact of Training and Personal Development on Individual and Organizational Performance

Author

Listed:
  • Elena Cristina Cernătescu

    (University of Craiova)

  • Andra-Nicoleta Ploscaru

    (University of Craiova)

  • Marian Cazacu

    (University of Craiova)

Abstract

Training and personal development (TPD) contribute decisively to increasing the organizational capacity to meet the organization's strategy's objectives while providing employees with the opportunity to take up new jobs that can bring them more satisfaction. Therefore, TPD programs lead to increased organizational efficiency and effectiveness and generate high marginal productivity. TPD programs help workers develop their skills, knowledge, and abilities, which will ultimately help them make a substantial contribution to Increasing labor productivity, organizational performance and increasing profits supported by the development of personal knowledge, skills, and abilities. The challenge to which this article aims to respond was to establish a methodological framework based on the investigation of the relevant literature in TPD and lay the foundations for an empirical study on the impact of TPD on individual and organizational performance.

Suggested Citation

  • Elena Cristina Cernătescu & Andra-Nicoleta Ploscaru & Marian Cazacu, 2020. "Research on the Impact of Training and Personal Development on Individual and Organizational Performance," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 619-623, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:619-623
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    References listed on IDEAS

    as
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    2. Cătălina Soriana Sitnikov & Claudiu George Bocean, 2010. "New Approaches of Consumers’ Protection in Terms of Management Systems’ International Standards Evolution," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(28), pages 360-372, June.
    3. Gary S. Becker, 1994. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition," NBER Books, National Bureau of Economic Research, Inc, number beck94-1.
    4. Cãtãlina Sitnikov & Claudiu George Bocean & Dorel Berceanu & Ramona Pîrvu, 2017. "Risk Management Model from the Perspective of the Implementing ISO 9001:2015 Standard Within Financial Services Companies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(S11), pages 1017-1017.
    5. Dan Constantin Varzaru & Anca Antoaneta Varzaru, 2015. "Adjusting The Human Resources Information System To The Requirements Of Using The Balanced Scorecard," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(43), pages 222-238.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    training; personal development; individual performance; organizational performance;
    All these keywords.

    JEL classification:

    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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