Research of Impact & Effectiveness of Corporate Training Programs

Singh, S. (2016). Impact and Effectiveness of Corporate Training Programs through Industry – Academia Tie-Ups, Journal of Commerce & Management Thought, 7-2, 309-319. DOI: 10.5958/0976-478X.2016.00021.5

The research questions/hypotheses

The major research questions of the study include the question concerning effective ways of training of human resources and the use of academia ties-up and their effectiveness in corporate training programs.

The hypothesis of the article is that corporate training programs based on the use of academia ties-up are able to help organizations to build, accumulate and even consolidate the knowledge gained by their human capital.

The major theories

The major theory developed by the author of the article holds the premise that academia ties-up increase the effectiveness of corporate training programs and contribute to the effective accumulation and consolidation of knowledge gained by human resources in the course of their professional development and participation in training programs. In such a way, the researcher explored the problem of the training of human resources and applied industry-academia tie-ups to test their effectiveness in terms of the enhancement of the training process and the positive effect of training on the employee professional development and performance. The researcher stands on the ground that the integration of industry-academia tie-ups is likely to enhance the effectiveness of training and helps companies to reach better outcomes in the training of their employees. This is why the author develops the theory that industry-academia tie-ups are effective tools that improve the quality of training and its outcomes. Such a theory emerges from the idea that industry-academia tie-ups help to focus training on specific needs of real world companies. To put it more precisely, training programs that use industry-academia tie-ups help companies to set training goals that meet their needs to the full extent, while developers of training programs and coaches provide specific products, i.e. training programs that address needs of companies and meet their training goals to the full extent. This is why training programs based on industry-academia tie-ups turn out to be more effective compared to conventional training programs.

The research methodology

The sample size is 114 employees from four different industry-academia tie-ups. The researcher attempted to analyze the impact of training given to participants of the study from four industry-academia ties-up. The researcher offered questionnaires for the sample population and participants of the study responded to questionnaires, while the researcher processed results to find out the effectiveness of the training program based on the use of industry-academia tie-ups. Questionnaires for participants of the study were the primary data used by the researcher to conduct the study.

In addition, the researcher used the literature survey to collect secondary data from existing studies dedicated to the problem of employee training and the use of industry-academia tie-ups. The use of literature review provided the researcher with latest information and latest findings in this field.

The independent variable of the study was the engagement of participants of the study in training programs based on industry-academia ties-up. In such a way, the researcher attempted to trace how such ties-up influence the effectiveness of the training program. Dependent variables of the study included the industry background of employees and other factors, such as age, professional background, educational level, and other factors. The researcher collected the primary and secondary data to obtain reliable results and find out data. Primary data was collected using a questionnaire designed for the study and secondary data was collected from journals, periodicals and internet. In such a way, participants of the study provided the researcher with results of the questionnaire, which were processed and analyzed by the researcher.

To analyze and test results of the study, the researcher coded the collected data and entered in SPSS and analyzed. Percentage analysis was used as the basic statistics and Chi-square was used as inferential statistics to test the hypothesis. The study is limited to Pune city only as the availability of time was another constraint Independent and dependent variables were measured. In such a way, the researcher processed, analyzed and tested the data collected in the course of the study. At the same time, the researcher also identified limitations of the study that is very important for the objective analysis and interpretation of results of the study.

The major results

The major results of the study reveal the positive effect of industry-academia tie-ups on the training and professional development of employees. The researcher revealed the satisfaction of coaches with the overall impact of the training program on participants of the training and they also pointed out the effectiveness of industry-academia tie-ups in terms of the professional development of employees.

The major contribution of the study

The major contribution of the study is significant and stimulates the further research in the field of industry-academia tie-ups and their impact on the training and professional development of employees. Training programs based on industry-academia tie-ups may be very effective as the one tested in the course of the study conducted by S. Singh. At the same time, further studies may reveal other aspects of training programs based on industry-academia tie-ups. Moreover, further studies can contribute to the better understanding of the impact of industry-academia tie-ups on the professional development of human resources in different industries, especially in a long-run perspective. Also, further studies may expand the geography of the study conducted by S. Singh because her study was limited to Pune city area only. This is why the study of the impact of industry-academia tie-ups and their impact on the training of human resources is important to conduct in other areas to find out whether there are correlations or differences between different areas, where such study is conducted.

The strengths and weaknesses of the study

The study conducted by S. Singh has both strengths and weaknesses. On the one hand, the researcher conducts the in-depth study of the impact of industry-academia tie-ups on the training program and its effectiveness in terms of the professional development of employees. The researcher revealed the positive impact of such tie-ups through the analysis of questionnaire results along with the analysis of literature survey results.

On the other hand, the scope of the study is limited to Pune city area only and results traced by the researcher are short run. To put it more precisely, the researcher study short-run effects of industry-academia tie-ups and their impact on training programs and employees performance and professional development. However, long-term effects of the study are unclear. Furthermore, the limited scope of the study increases the risk of errors in the interpretation of results and findings of the study because results of the study conducted in other areas may differ from results of the study conducted in Pune city area.

The choice of the methodology was quite successful because the combination of primary and secondary data obtained from questionnaires and literature survey provided the researcher with up-to-date information and helped to test the hypothesis elaborated by the researcher. However, the study methodology has its limitation in terms of scope and time of the study.

References:

Singh, S. (2016). Impact and Effectiveness of Corporate Training Programs through Industry – Academia Tie-Ups, Journal of Commerce & Management Thought, 7-2, 309-319. DOI: 10.5958/0976-478X.2016.00021.5

The terms offer and acceptance. (2016, May 17). Retrieved from

[Accessed: May 24, 2022]

"The terms offer and acceptance." freeessays.club, 17 May 2016.

[Accessed: May 24, 2022]

freeessays.club (2016) The terms offer and acceptance [Online].
Available at:

[Accessed: May 24, 2022]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: May 24, 2022]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: May 24, 2022]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: May 24, 2022]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: May 24, 2022]
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