INSTITUTE OF DISTANCE AND OPEN LEARNING

UNIVERSITY OF MUMBAI, IDE BUILDING,

VIDYANAGARI, MUMBAI-98

PROJECT REPORT ON

SUBMITTED BY

MOHD IRFAN KHAN

DATE OF SUBMISSION

[30TH APRIL, 2010]

Under the guidance of Mr.---------------------

Submitted in partial fulfillment of the requirements for qualifying M.C.A Semester VI

Examination
 ACKNOWLEDGEMENT

I owe a great many thanks to a great many people who helped and supported me
during the Project. My deepest thanks to Mr. MOHD. IRSHAD KHAN the Guide of my
project in INDIABULLS company for guiding and correcting various documents of mine
with attention and care. he has taken pain to go through the project and make
necessary correction as and when needed. Also my deepest thanks to my internal guide
Mr.---------------------- for helping me out for my project.

I express my thanks to the Head of Department ---------------------------, for extending his

support.

I would also thank my Institution and my faculty members without whom this project
would have been a distant reality.

SYNOPSIS OF THE REPORT:

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TRAINING AND DEVELOPMENT is a subsystem of an organization. It ensures that
randomness is reduced and learning or behavioral change takes place in structured
format. It is concerned with the structure and delivery of acquisition of knowledge to
improve the efficiency and effectiveness of organization. Therefore, training is a key to
optimizing utilization human intellectual technological and entrepreneurial skills.
There are four phases of training in Indiabulls India-Training need analysis, Training
design, Training implementation and Training evaluation. Training evaluation is the
most important part of training process which refers to activities aimed at finding out the
effectiveness of training programme after they are conducted, against the objective for
which such programmes were organized. Training evaluation techniques give us
solution to answer questions like where was the capability level of learners before the
programme and where is it now, what was intended to be achieved by particular
programme and where is really achieved now, and what is the monitory value of training
outcome against the cost incurred for conducting the training programme. The key
issues involve staffing policies selecting and retaining talented employee, training and
development whilst encouraging employees to be innovative and creative, culture
barriers, and legal frame work. Indiabulls Pvt. Ltd. provides soft skill development
training to their employees.
But still they need to work on providing product/process development training. To
evaluate the training program, questionnaire is the most popular method in Indiabulls
India.

Training initiatives and programs have become a priority for Human Resources. As
business markets change due to an increase in technology initiatives, companies need
to spend more time and money on training employees. In today’s business climate
employee development is critical to corporate success and organizations are investing
more in their employees training and development needs.

OVERVIEW
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Indiabulls Group is one of the top business houses in the country with business
interests in Real Estate, Infrastructure, Financial Services and Power sectors. Indiabulls
Group companies are listed in Indian and overseas financial markets. The Networth of
the Group exceeds USD 3 billion. Indiabulls has been conferred the status of a
“Business Superbrand” by The Brand Council, Superbrands India.

Indiabulls Financial Services is an integrated financial services powerhouse providing

Consumer Finance, Housing Finance, Commercial Loans, Life Insurance, Asset
Management and Advisory services. Indiabulls Financial Services Ltd is amongst 68
companies constituting MSCI - Morgan Stanley India Index. Indiabulls Financial is also
part of CLSA’s model portfolio of 30 Best Companies in Asia. Indiabulls Financial
Services in partnership with MMTC Limited, the largest commodity trading company in
India, has set up India’s 4th Multi-Commodities Exchange.

Indiabulls Real Estate Limited is India’s third largest property company with
development projects spread across residential projects, commercial offices, hotels,
malls, and Special Economic Zones (SEZs) infrastructure development. Indiabulls Real
Estate partnered with Farallon Capital Management LLC of USA to bring the first FDI
into real estate. Indiabulls Real Estate is transforming 14 million sqft in 16 cities into
premium quality, high-end commercial, residential and retail spaces. Indiabulls Real
Estate has diversified significantly in the following business verticals within the real
estate space: Real Estate Development, Project Advisory & Facilities Management:
Residential, Commercial (Office and Malls) and SEZ Development. Power: thermal and
Hydro Power Generation.

Indiabulls Securities Limited is India’s leading capital markets company with All-India
Presence and an extensive client base. Indiabulls Securities possesses state of the art
trading platform, best broking practices and is the pioneer in trading product
innovations. Power Indiabulls, in-house trading platform, is one of the fastest and most
efficient trading platforms in the country.Indiabulls Securities Limited is the first
brokerage house to be assigned the highest rating BQ – 1 by CRISIL

History of Indiabulls

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Indiabulls is a leading financial services and real estate company in India that was
founded by three college friends in 2000. The company has made its CEO and
cofounder one of India's richest people.

Description

Indabulls Group is one of India's largest companies with a net worth of $2 billion.
Indiabulls has several businesses, including financial services, real estate,
infrastructure, retail and energy. Indiabulls includes three individual companies that
are all publicly traded on India's national stock exchange: Indiabulls Financial
Services, Indiabulls Real Estate Limited and Indiabulls Securities Limited. Indiabulls
has about 20,000 employees.

Foundation of Indiabulls

Sameer Gehlaut, Saurabh Mittal and Rajiv Rattan are graduates of the Indian
Institute of Technology in Delhi. The company started as an online stock brokerage
and grew quickly. Gehlaut remains the chief executive officer and chairman of
Indiabulls, Rattan is president and chief financial officer and Mittal is director.

Stock Scam

In 2005, India's YES Bank launched an initial public offering, the first sale of its stock
shares on the market. An Indiabulls customer, Roopalben Panchal, was accused of
manipulating the stock market during this IPO and others. India's regulatory agency,
the Securities and Exchange Board of India (SEBI), launched an investigation. The
SEBI found several investors had illegally manipulated many IPOs. It suspended
Indiabulls Securities' ability to trade in the stock market, then rescinded the order the
next day. Panchal was convicted of stock market manipulation but Indiabulls was not
found guilty of wrongdoing.

Sameer Gehlaut

Gehlaut was named India's youngest self-made billionaire in 2008 by Forbes

magazine at the age of 34.

OBJECTIVES OF STUDY
The main objective of the study is first to gain some practical knowledge regarding the
functioning of MNC’s and other organizations which is very necessary to fully
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understand the primary functions & hence it fulfill the purpose of the Summer Internship
under MBA course.
The other objectives were:

1. To study the Importance of Training and Development.

2. To study the roles of Training and development Programmer.
3. To study the process and functions of training.
4. To explore the methodology and types of training provided to the employees in an
Organization.
5. To study the purpose, process, principle, functions of the post training evaluation.
6. To study the different types of methods/techniques used to evaluate the training.
7. To study the level of evaluation.
8. To study the relevance of the post training evaluation/feedback for the employee as
Well as for an organization.
9. To know the challenges in training and development faced by an organization.

CHAPTER I
THEORETICAL PRESENTATION OF THE TOPIC

INTRODUCTION OF TRAINING & DEVELOPMENT

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TRAINING AND DEVELOPMENT is a subsystem of an organization. It ensures that
randomness is reduced and learning or behavioral change takes place in structured
format.

TRAINING AND DEVELOPMENT DEFINED

It is concerned with the structure and delivery of acquisition of knowledge to improve the
efficiency and effectiveness of organization. It is concerned with improving the existing
skills and exploring the potential skills of the individual i.e. upgrading the employees’
skills and extending their knowledge. Therefore, training is a key to optimizing
utilization human intellectual technological and entrepreneurial skills

Training and Development referred to as:

• Acquisition and sharpening of employees capabilities that is required to perform
various obligations, tasks and functions.
• Developing the employee’s capabilities so that they may be able to discover their
potential and exploit them to full their own and organizational development purpose.
• Developing an organizational culture where superior-subordinate relationship, team
work, and collaboration among different sub units are strong and contribute to
organizational wealth, dynamism and pride to the employees.

Development defined
It helps the individual handle future responsibilities, with less emphasis on present job
duties.

Introduction of training
It is a learning process that involves the acquisition of knowledge, sharpening of skills,
concepts, rules, or changing of attitudes and behaviors to enhance the performance of
employees.

INPUTS IN TRAINING AND DEVELOPMENT

Any training and development programme must contain inputs which enable the
participants to gain skills, learn theoretical concepts and help acquire vision to look into
the distant future.

Skills: Training is imparting skills to employees. A worker needs skills to operate

machines, and use other equipments with least damage and scrap. This is a basic skill
without which the operator will not be able to function. Employees, particularly
supervisors and executives, need interpersonal skills.

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Education: The purpose of education is to teach theoretical concepts and develop a
sense of reasoning and judgment.

Development: It is less skill-oriented but stresses on knowledge. Knowledge about

business environment, management principles and techniques, human relations,
specific industry analysis is useful for better management of a company.

Ethics: There is need for imparting greater ethical orientation to a training and
development programme. Ethical attitude help managements make better decisions
which are in the interests of the public, the employees and in the long term-the company
itself.

Attitudinal Changes: Attitude represents feelings and beliefs of individuals towards

others. Attitude affects motivation, satisfaction and job commitment. Negative attitude
need to be converting into positive attitude. Attitude must be changed so that
employees feel committed to the organization, are motivated for better performance,
and derive satisfaction from their jobs and the work environment.

Decision making and problem solving skills: It focus on methods and techniques
for making organization decision-making and solving work related problems.

TRAINING AND DEVELOPMENT OBJECTIVES

The principal objective of training and development division is to make sure the
availability of a skilled and willing workforce to an organization. In addition to that,
there are four other objectives: Individual, Organizational, Functional, and Societal.

Individual objectives – help employees in achieving their personal goals, which in

turn, enhances the individual contribution to an organization.

Organizational Objectives – assist the organization with its primary objective by

bringing individual effectiveness.

Functional Objectives – maintain the department’s contribution at a level suitable to

the organization’s needs.

Societal Objectives – ensure that an organization is ethically and socially

responsible
to the needs and challenges of the society.

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IMPORTANCE OF TRAINING AND DEVELOPMENT
It helps to develop human intellect and an overall personality of the employees.

• Productivity – Training and Development helps in increasing the productivity of the

employees that helps the organization further to achieve its long-term goal.

• Team spirit – Training and Development helps in inculcating the sense of team
work, team spirit, and inter-team collaborations. It helps in inculcating the zeal to learn
within the employees.

• Organization Culture – Training and Development helps to develop and improve

the organizational health culture and effectiveness. It helps in creating the learning
culture within the organization.

• Organization Climate – Training and Development helps building the positive

perception and feeling about the organization. The employees get these feelings from
leaders, subordinates, and peers.

• Quality – Training and Development helps in improving upon the quality of work and
work-life.

• Healthy work-environment – Training and Development helps in creating the

healthy working environment. It helps to build good employee, relationship so that
individual goals aligns with organizational goal.

• Health and Safety – Training and Development helps in improving the health and
safety of the organization thus preventing obsolescence.

• Morale – Training and Development helps in improving the morale of the work
force.

• Image – Training and Development helps in creating a better corporate image.

• Profitability – Training and Development leads to improved profitability and more

positive attitudes towards profit orientation.

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• Training and Development aids in organizational development i.e. Organization gets
more effective decision making and problem solving. It helps in understanding and
carrying out organizational policies

• Training and Development helps in developing leadership skills, motivation, loyalty,

better attitudes, and other aspects that successful workers and managers usually
display.

• Optimum Utilization of Human Resources – Training and Development helps in

optimizing the utilization of human resource that further helps the employee to achieve
the organizational goals as well as their individual goals.

• Development of Human Resources – Training and Development helps to

provide an opportunity and broad structure for the development of human resources’
technical and behavioral skills in an organization. It also helps the employees in
attaining personal growth.
• Development of skills of employees – Training and Development helps in
increasing the job knowledge and skills of employees at each level. It helps to expand
the horizons of human intellect and an overall personality of the employee

MODELS OF TRAINING
Training is a sub-system of the organization because the departments such as,
marketing & sales, HR, production, finance, etc depends on training for its survival.
Training is a transforming process that requires some input and in turn it produces
output in the form of knowledge, skills, and attitudes (KSAs).

THE TRAINING SYSTEM

The three model of training are:
1. System Model
2. Instructional System Development Model
3. Transitional model

SYSTEM MODEL TRAINING

The system model consists of five phases and should be repeated on a regular basis to
make further improvements. The training should achieve the purpose of helping
employee to perform their work to required standards. The steps involved in System
Model of training are as follows:

1. ANALYZE and identify the training needs i.e. to analyze the department, job,

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employees requirement, who needs training, what do they need to learn, estimating
training cost, etc The next step is to develop a performance measure on the basis of
which actual performance would be evaluated.

2. DESIGN and provide training to meet identified needs. This step requires developing
objectives of training, identifying the learning steps, sequencing and structuring the
contents

3. DEVELOP- This phase requires listing the activities in the training program that
will assist the participants to learn, selecting delivery method, examining the training
material, validating information to be imparted to make sure it accomplishes all the
goals & objectives.

4. IMPLEMENTING is the hardest part of the system because one wrong step can
lead to the failure of whole training program.

5. EVALUATING each phase so as to make sure it has achieved its aim in terms of
subsequent work performance. Making necessary amendments to any of the previous
stage in order to remedy or improve failure practices

TRANSITIONAL MODEL
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Transitional model focuses on the organization as a whole. The outer loop describes
the vision, mission and values of the organization on the basis of which training
model i.e. inner loop is executed.

VISION – focuses on the milestones that the organization would like to achieve after
the defined point of time. A vision statement tells that where the organization sees
itself few years down the line. A vision may include setting a role mode, or bringing
some internal transformation, or may be promising to meet some other deadlines.

MISSION – explain the reason of organizational existence. It identifies the position

in the community. The reason of developing a mission statement is to motivate,
inspire, and inform the employees regarding the organization.The mission statement
tells about the identity that how the organization would like to be viewed by the
customers, employees, and all other stakeholders.

VALUES – is the translation of vision and mission into communicable ideals. It

reflects the deeply held values of the organization and is independent of current
industry environment. For example, values may include social responsibility,
excellent customer service, etc

The mission, vision, and values precede the objective in the inner loop. This model
considers the organization as a whole. The objective is formulated keeping these
three things in mind and then the training model is further implemented

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INSTRUCTIONAL SYSTEM DEVELOPMENT (ISD) MODEL

Instructional System Development model was made to answer the training problems.
This model is widely used now-a-days in the organization because it is concerned
with the training need on the job performance. Training objectives are defined on the
basis of job responsibilities and job description and on the basis of the defined
objectives individual progress is measured. This model also helps in determining and

developing the favorable strategies, sequencing the content, and delivering media for
the types of training objectives to be achieved. The Instructional System
Development model comprises of five stages:

1. ANALYSIS – This phase consist of training need assessment, job analysis, and
target audience analysis.

2. PLANNING – This phase consist of setting goal of the learning outcome,

instructional objectives that measures behavior of a participant after the training,
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types of training material, media selection, methods of evaluating the trainee, trainer
and the training program, strategies to impart knowledge i.e. selection of content,
sequencing of content, etc

3. DEVELOPMENT – This phase translates design decisions into training material.

It consists of developing course material for the trainer including handouts,

workbooks, visual aids, demonstration props, etc, course material for the trainee
including handouts of summary.

4. EXECUTION – This phase focuses on logistical arrangements, such as arranging

speakers, equipments, benches, podium, food facilities, cooling, lighting, parking,
and other training accessories.

5. EVALUATION – The purpose of this phase is to make sure that the training
program has achieved its aim in terms of subsequent work performance. This phase
consists of identifying strengths and weaknesses and making necessary amendments
to any of the previous stage in order to remedy or improve failure practices.
The ISD model is a continuous process that lasts throughout the training program. It
also highlights that feedback is an important phase throughout the entire training
program. In this model, the output of one phase is an input to the next phase.

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PROCESS OF TRAINING
TRAINING NEED ANALYSIS (TNA)/TRAINING NEED
IDENTIFICATION (TNI)
An analysis of training need is an essential requirement to the design of effective
training. The purpose of training need analysis is to determine whether there is a gap
between what is required for effective performance and present level of performance.

TRAINING
EVALUATION
TRAINING NEED
ANALYSIS
TRAINING
DESIGN
TRAINING
IMPLEMENTAT
ION
TRAINING
PROCESS
Training Need arises at three levels:
· Organizational level
· Individual level
· Operational level
Corporate need and training need are interdependent because the organization
performance ultimately depends on the performance of its individual employee and its
subgroup.

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Organizational level – Training need analysis at organizational level focuses on
strategic planning, business need, and goals. It starts with the assessment of internal
environment of the organization such as, procedures, structures, policies, strengths,
and weaknesses and external environment such as opportunities and threats. After
doing the SWOT analysis, weaknesses can be dealt with the training interventions,
while strengths can further be strengthened with continued training. Threats can be
reduced by identifying the areas where training is required. And, opportunities can be
exploited by balancing it against costs. For this approach to be successful, the HR
department of the company requires to be involved in strategic planning. In this
planning, HR develops strategies to be sure that the employees in the organization
have the required Knowledge, Skills, and Attributes (KSAs) based on the future KSAs
requirements at each level.

Individual level – Training need analysis at individual level focuses on each and
every individual in the organization. At this level, the organization checks whether an
employee is performing at desired level or the performance is below expectation. If the
difference between the expected performance and actual performance comes out to be
positive, then certainly there is a need of training. However, individual competence can
also be linked to individual need. The methods that are used to analyze the individual
need are:

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• Appraisal and performance review
• Peer appraisal
• Competency assessments
• Subordinate appraisal
• Client feedback
• Customer feedback
• Self-assessment or self-appraisal

Operational level – Training Need analysis at operational level focuses on the work
that is being assigned to the employees. The job analyst gathers the information on
whether the job is clearly understood by an employee or not. He gathers this information
through technical interview, observation, psychological test; questionnaires asking the
closed ended as well as open ended questions, etc. Today, jobs are dynamic and keep
changing over the time. Employees need to prepare for these changes. The job analyst
also gathers information on the tasks needs to be done plus the tasks that will be
required in the future. Based on the information collected, training Need analysis (TNA)
is done.

Benefits of need assessment

Training programs are designed to achieve specific goals that meet felt needs. There
are many benefits of need assessment:

1. Trainers may be informed about the broader need of the trainees.

2. Trainers are able to pitch their course inputs closer to the specific needs of the
trainees.
3. Assessment makes training department more accountable and more clearly linked to
other human resource activities, which make the training programs easier to sell to
line managers.

TRAINING-DESIGN
The design of the training program can be undertaken only when a clear training
objective has been produced. The training objective clears what goal has to be
achieved by the end of training program i.e. what the trainees are expected to be able to
do at the end of their training. Training objectives assist trainers to design the training
program.

The trainer – Before starting a training program, a trainer analyzes his technical,
interpersonal, judgmental skills in order to deliver quality content to trainers.

The trainees – A good training design requires close scrutiny of the trainees and their
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profiles. Age, experience, needs and expectations of the trainees are some of the
important factors that affect training design.

Cost of training – It is one of the most important considerations in designing a

training programme. A training programme involves cost of different types. These may
be in the form of direct expenses incurred in training, cost of training material to be
provided, arrangement of physical facilities and refreshment, etc. Besides these
expenses the organization has to bear indirect cost in the form of loss of production
during training period. Ideally, a training programme must be able to generate more
revenues than the cost involved.

Training climate – A good training climate comprises of ambience, tone, feelings,

positive perception for training program, etc. Therefore, when the climate is favorable
nothing goes wrong but when the climate is unfavorable, almost everything goes wrong.

TRAINING-DESIGN

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Trainees’ learning style – the learning style, age, experience, educational
background of trainees must be kept in mind in order to get the right pitch to the design
of the program.

Training strategies – Once the training objective has been identified, the trainer
translates it into specific training areas and modules. The trainer prepares the priority
list of about what must be included, what could be included.

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Training topics – After formulating a strategy, trainer decides upon the content to be
delivered. Trainers break the content into headings, topics, ad modules. These topics
and modules are then classified into information, knowledge, skills, and attitudes.

Sequence the contents – Contents are then sequenced in a following manner:

• From simple to complex
• Topics are arranged in terms of their relative importance
• From known to unknown
• From specific to general
• Dependent relationship

Training tactics – Once the objectives and the strategy of the training program
becomes clear, trainer comes in the position to select most appropriate tactics or
methods or techniques. The method selection depends on the following factors:

• Trainees’ background
• Time allocated
• Style preference of trainer
• Level of competence of trainer
• Availability of facilities and resources, etc

Support facilities – IT can be segregated into printed and audio visual. The various
requirements in a training program are white boards, flip charts, markers, etc.

Constraints – The various constraints that lay in the trainers mind are:
• Time
• Accommodation, facilities and their availability
• Furnishings and equipments
• Budget
• Design of the training, etc

TRAINING IMPLEMENTATION
To put training program into effect according to definite plan or procedure is called
training implementation. Training implementation is the hardest part of the system
because one wrong step can lead to the failure of whole training program. Even the best
training program will fail due to one wrong action. Training implementation can be
segregated into:
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• Practical administrative arrangements
• Carrying out of the training
Once the staff, course, content, equipments, topics are ready, the training is
implemented. Completing training design does not mean that the work is done because
implementation phase requires continual adjusting, redesigning, and refining.
Preparation is the most important factor to taste the success. Therefore, following are
the factors that are kept in mind while implementing training program:

The trainer – The trainer need to be prepared mentally before the delivery of content.
Trainer prepares materials and activities well in advance. The trainer also set grounds
before meeting with participants by making sure that he is comfortable with course
content and is flexible in his approach.

Physical set-up – Good physical set up is pre-requisite for effective and successful
training program because it makes the first impression on participants. Classrooms
should not be very small or big but as nearly square as possible. This will bring people
together both physically and psychologically. Also, right amount of space should be
allocated to every participant.

Establishing rapport with participants – There are various ways by which a

trainer can establish good rapport with trainees by:

• Greeting participants – simple way to ease those initial tense moments

• Encouraging informal conversation
• Remembering their first name
• Pairing up the learners and have them familiarized with one another
• Listening carefully to trainees’ comments and opinions
• Telling the learners by what name the trainer wants to be addressed
• Getting to class before the arrival of learners
• Starting the class promptly at the scheduled time
• Using familiar examples
• Varying his instructional techniques
• Using the alternate approach if one seems to bog down

Reviewing the agenda – At the beginning of the training program it is very important
to review the program objective. The trainer must tell the participants the goal of the
program, what is expected out of trainers to do at the end of the program, and how the
program will run. The following information needs to be included:

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• Kinds of training activities
• Schedule
• Setting group norms
• Housekeeping arrangements
• Flow of the program
• Handling problematic situations
In general programme implementation involves action on the following
lines:
• Deciding the location and organizing training and other facilities.
• Scheduling the training programme.
• Conducting the programme.
• Monitoring the progress of the trainees.

TRAINING EVALUATION
The process of examining a training program is called training evaluation. Training
evaluation checks whether training has had the desired effect. Training evaluation
ensures that whether candidates are able to implement their learning in their respective
workplaces, or to the regular work routines.

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Purposes of Training Evaluation
The five main purposes of training evaluation are:

Feedback: It helps in giving feedback to the candidates by defining the objectives and
linking it to learning outcomes.

Research: It helps in ascertaining the relationship between acquired knowledge,

transfer of knowledge at the work place, and training

Control: It helps in controlling the training program because if the training is not
effective, then it can be dealt with accordingly.

Power games: At times, the top management (higher authoritative employee) uses the
evaluative data to manipulate it for their own benefits.

Intervention: It helps in determining that whether the actual outcomes are aligned with
the expected outcomes.

Functions of evaluation:
There are basically two functions of evaluation:
1. Qualitative evaluations is an assessment process how well did we do?
2. Quantitative evaluation is an assessment process that answers the question How
much did we do?

Principles of Training Evaluation:

Training need should be identified and reviewed concurrently with the business and
personal development plan process.

a) Evaluation must be continuous.

b) Evaluation must be specific.
c) Evaluation must be based on objective methods and standards.
d) There should be correlation to the needs of the business and the individual.
e) Organizational, group and individual level training need should be identified and
evaluated.
f) Techniques of evaluation should be appropriate.
g) The evaluation function should be in place before the training takes place.
h) The outcome of evaluation should be used to inform the business and training
process.

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Need of evaluation of Training:
Training cost can be significant in any business. Most organizations are prepared to
incur these cost because they expect that their business to benefit from employees
development and progress. Whether business has benefited can be assessed by
evaluation training. There are basically four parties involved in evaluating the result of
any training. Trainer, Trainee, Training and Development department and Line
Manager.

• The Trainee wants to confirm that the course has met personal expectations and
satisfied
any learning objectives set by the T & D department at the beginning of the programme.
• The Trainer concern is to ensure that the training that has been provided is
effective or not.
• Training and Development want to know whether the course has made the best
use of the resources available.
• The Line manager will be seeking reassurance that the time hat trainee has
spent in attending training results in to value and how deficiency in knowledge
and skill redressed. The problem for many organizations is not so much why
training should be evaluated but how. Most of the organizations overlook
evaluation because financial benefits are difficult to describe in concrete terms.

The process of evaluation is central to its effectiveness and helps to ensure that:
· Whether training budget is well spent
· To judge the performance of employee as individual and team.
· To establish culture of continuous learning and improvement.

PROCESS OF TRAINING EVALUATION

Before Training: The learner’s skills and knowledge are assessed before the training
program. During the start of training, candidates generally perceive it as a waste of
resources because at most of the times candidates are unaware of the objectives and
learning outcomes of the program. Once aware, they are asked to give their opinions on
the methods used and whether those methods confirm to the candidates preferences
and learning style

During Training: It is the phase at which instruction is started. This phase usually
consist of short tests at regular intervals.

After Training: It is the phase when learner’s skills and knowledge are assessed
again to measure the effectiveness of the training. This phase is designed to determine
24
whether training has had the desired effect at individual department and organizational
levels. There are various evaluation techniques for this phase.

Techniques of evaluation
The various methods of training evaluation are:
• Observation
• Questionnaire
• Interview
• Self diaries
• Self recording of specific incidents

WHAT TO EVALUATE/LEVEL OF EVALUATION

Donald Kirkpatrick developed four level models to assess training effectiveness.
According to him evaluation always begins with level first and should move through
other levels in sequence.

• Reaction Level: The purpose is to measure the individual reaction to the training
activity. The benefit of Reaction level evaluation is to improve Training and
Development activity efficiency and effectiveness.
• Learning Level: The basic purpose is to measure the learning transfer achieved
by the training and development activity. Another purpose is to determine to what
extent the individual increased their knowledge, skills and changed their attitudes
by applying quantitative or qualitative assessment methods
• Behavior Level: The basic purpose is to measure changes in behavior of the
individual as a result of the training and development activity and how well the
enhancement of knowledge, skill, attitudes has prepared than for their role.

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 • Result Level: The purpose is to measure the contribution of training and
development to the achievement of the business/operational goals.

CHAPTER II
ORGANIZATIONAL PROFILE OF THE COMPANY
COMPANY‘S PROFILE

Indiabulls India- a corporate, which believe that quality, is never an accident it is a result
of planning, team work and a commitment of excellence. Indiabulls Pvt. Ltd. is a
multibusiness conglomerate with diversified business interest that includes finance, real
estate, media & entertainment, tourism & hospitality, and service & trading.

Indiabulls Pvt. Ltd.

Year 1978, India 2001, headquarter in
Gurgaon, India
Workers 3 9.10 lack
Dependents 15 45.50 lack
Asset 2000 Over 50,000 crore
Establishments 1 1707
No Trade union
No owner
Important points
• The employees at Indiabulls Pvt. Ltd. greet each other by saying “Indiabulls
Pranam”

26
 • Every year, republic day and independence day is celebrated as Bharat Parv
( national festival) and Indiabulls Pvt. Ltd. celebrates it as the biggest event of the
pariwar( family).
• Indiabulls Pvt. Ltd. has been the official sponsors of the Indian cricket team and
Indian hockey team.

• Indiabulls Pvt. Ltd. in often referred as the world’s largest family

• 910,000 workers/ employees and no trade union
• Its five star hostel ‘Indiabulls Star’ near Mumbai airport has the world’s largest
pillar less clear-to-sky dome of its kind
• Holds the Guinness world record for planning 125,256 trees by 1400 volunteers
in 6 hours and 35 minutes 0n 5th June 1988 at amby vally city
• Hold the record in India for 25%-50% hike in the gross salary of all of its
employees at one go.
• Conducts mass marriage ceremony of 101 underprivileged girls every year

Profit Sharing
INDIABULLS PVT. LTD.
OVERVIEW

Indiabulls Pvt. Ltd. is a major entity on the corporate scene having diversified
business interests that include Finance, Infrastructure & Housing, Media &
Entertainment, Consumer Products, Manufacturing, and Services & Trading.

Quality is our essence and we, at Indiabulls Pvt. Ltd. , have always stressed on the
Qualitative aspect. Consequently in this run for quality, quantity has always pursued us.
We look forward to reaching the zenith and reaffirm our commitment to the process of
sound nation-building.

CORE COMMITMENTS - OUR STRENGTH

· Emotion
· Discipline
· Duty
· No discrimination
· Quality
· Give respect
· Self-respect
· Truth
· Collective Materialism

27
· Religion
· Absolute Honesty

What
A commitment of Indiabulls Pvt. Ltd. to the genuine needs and rights of anybody &
everybody - Be it to a depositor, newspaper reader, consumer.... all business
associates and Indiabulls India Family Members.

Need
India needs effective consumer protection and protection of workers' genuine rights.
There are various agencies, promising protection & action. But no external body can
provide justice unless the company becomes 'QUALITY CONSCIOUS' WITH
STRICTLY NO DISCRIMINATION POLICY AND JUSTICE CONSCIOUSNESS as its
very dominating nature.

Motto
We not only believe but practice NO DISCRIMINATION, JUSTICE & HIGH
QUALITY - means enthusiastic, productive performance of duty "KARTAVYA' towards
the consumer', workers' genuine satisfaction.

Aim
To provide justice - be it a matter of the tiniest imperfection or injustice in our
COMMITMENT - products or services. direct or indirect, short term or long term.

Where
Kindly rush your grievances/suggestions or any queries related to Indiabulls Pvt. Ltd. to
the nearest Indiabulls establishment and/or to:

28
Response Will Never Be Delayed And Justice Will Never Be Denied

BUSINESS ENTITIES
.

INDIABULLS PVT. LTD.

Finance Infrastructure
and housing
Media and
entertainment
Consumer
products Manufacturing Services and
Trading

29
CHAPTER III
RESEARCH METHODOLOGY

DATA COLLECTION

Data collection is a term used to describe a process of preparing and

collecting business data - for example as part of a process improvement or similar
project. Data collection usually takes place early on in an improvement project, and is
often formalized through a data collection Plan which often contains the following
activity.

1. Pre collection activity – Agree goals, target data, definitions, methods

2. Collection – data collection
3. Present Findings – usually involves some form of sorting analysis and/or
presentation.

There are two methods of data collection which are discussed below:
• DATA COLLECTION
• PRIMARY DATA SECONDARY DATA

(Data collection techniques)

QUESTIONNAIRE INTERVIEW EXTERNAL INTERNET INTERNAL
SOURCE SOURCE

30
Unstructure

PRIMARY DATA
In primary data collection, you collect the data yourself using methods such as
interviews and questionnaires. The key point here is that the data you collect is unique
to you and your research and, until you publish, no one else has access to it. I have
tried to collect the data using methods such as interviews and questionnaires. The
key point here is that the data collected is unique and research and, no one else has
access to it. It is done to get the real scenario and to get the original data of present.

DATA COLLECTION TECHNIQUE

Questionnaire:
Questionnaire are a popular means of collecting data, but are difficult to design and
often require many rewrites before an acceptable questionnaire is produced. The
features included in questionnaire are:

• Theme and covering letter

• Instruction for completion
• Types of questions
• Length

Interview:
This technique is primarily used to gain an understanding of the underlying reasons and
motivations for people’s attitudes, preferences or behavior. The interview was done by
asking a general question. I encourage the respondent to talk freely. I have used an
unstructured format, the subsequent direction of the interview being determined by the
respondent’s initial reply, and come to know what is its initial problem is.

SAMPLING METHODOLOGY

Sampling technique:
Initially, a rough draft was prepared keeping in mind the objective of the research. A
pilot study was done in order to know the accuracy of the questionnaire. The final
questionnaire was arrived only after certain important changes were done. Thus my
sampling came out to be judgmental and continent.

Sampling Unit:
31
The respondents who were asked to fill out questionnaires are the sampling units.
These comprise of kartavyayogis of corporate HR,S ahara India Pariwar , who had
attended the personality development workshop.
Sampling Size: 20

SECONDARY DATA
All methods of data collection can supply quantitative data (numbers, statistics or
financial) or qualitative data (usually words or text). Quantitative data may often be
presented in tabular or graphical form. Secondary data is data that has already been
collected by someone else for a different purpose to yours.

Need of using secondary data

1. Data is of use in the collection of primary data.
2. They are one of the cheapest and easiest means of access to information.
3. Secondary data may actually provided enough information to resolve the problem
being investigated.
4. Secondary data can be a valuable source of new ideas that can be explored later
through primary research.
Limitation of secondary data
1. May be outdated.
2. No control over data collection.
3. May not be reported in the required form.
4. May not be reported in the required form.
5. May not be very accurate.
6. Collection for some other purpose.

DATA ANALYSIS & INTERPRETATION

ANALYSIS OF SECONDARY DATA
T& D FUNCTIONS IN INDIABULLS PVT. LTD.

TEAM-HEAD
TNI
Training calander
Training budget
Training feedback
Training manuals
Approvals/concept paper
PDW
32
CCT-2009
CCT Networking

TEAM
MEMBER 1
IT support
Project/Summer
training
Induction
manual/ppt
PD e-manual
CCT-2009
Training feedback
or
evaluation
Admin task
Database
management
MIS-T&D
TEAM
MEMBER 2
Module design
Module
development
Internal TNI
External TNI
Product/Process
Training
Oorja
Project/Summer
training
HRIS support
Best HR
practices
TEAM
MEMBER3
Training
initiative
Internal
External

33
Concept
Development
Write-ups&
Briefing
Training
Evaluation
PD e-manual
Oorja
Project/summe
r training
Bulletin/Board
Management
TEAM
MEMBER4
Library mgmt
Books
Journal
Newspaper
Dak(In/out)
database
Record
Maintenance
Admin follow
Up
Bulletin/Board
management
The major activities performed by the Training and Developing function in Indiabulls Pvt.
Ltd. are as follows:

(1)Training needs identification/ assessment: From employees through

interviews, questionnaires, etc. and secondly through HOD recommendation.
(2) Training (Internal/External): Training depends upon its scope, whether
needs of the training can be met within the organization or whether has to be taken
to an environment outside the organization.
(3) Certified corporate trainer: Certified corporate trainers are the employees of
the company itself. It is their voluntary involvement. If they feel like in their service
tenure that they can, for some time, train the employees of the company on the base
of their

TNI IN
34
INDIABULLS PVT. LTD.
HOD
RECMMEND
ATION
TNI
EXERCISE/SU
RVEY
experience, then send in their CVs and on approval by the respective authority, become
certified corporate trainers.

(4) Types of training given in Indiabulls Pvt. Ltd.:

· Induction/Orientation training
· Soft skill development training
· Project training

INDUCTION/ORIENTATION TRAINING
These terms are interchangeably used to give a friendly welcome to the new employees
as members of the organization so also to introduce the new employee with the
available installations (plant and machineries, systems), work norms, organizational
objectives and the job position of the employee.

Content:
· The company size, structure of the organization, history, market share
· Achievements, objective and mission.
· Product training
· Shop floor-rules and regulations
· Personnel policies
· Union contract
· Company services
· Service department

SOFT SKILL DEVELOPMENT TRAINING

Modules of soft skill development training in Indiabulls Pvt. Ltd.:

 Personality and positive attitude
 Business communication
 Team building and leadership
 Stress management and work-life balance
 Business etiquettes and corporate grooming

35
PERSONALITY & POSITIVE ATTITUDE
About the Module
Personality as a whole cannot be defined without the positive attitude. It is the positive
attitude of a person that plays an important role in various decision making process and
reaction to responsibilities and challenges in work and life. The module has been
developed to help the individual to develop the understanding that how individual
personalities can influence the organizational development & the organizational
success.

Objective of the Module

To understand the concept of Personality & positive attitude in relation to organizational
success.

Coverage of the Module

· What is personality
· Attributes of personality
· Three levels of Personality
· Personality is uniqueness
· Internal & External Qualities
· What are the determinants of personality
· What is a Organizational Personality
· Linking personality and organizations effectiveness
· How Positive Attitude can influenced Personality

BUSINESS COMMUNICATION

Background
Effective communication is very crucial in the business success. It is the lifeblood of an
business organization. It includes conveying messages to other people clearly and
unambiguously. It's also about receiving information that others are sending to you, with
as little distortion as possible. Doing this involves effort from both the sender of the
message and the receiver. And it's a process that can be fraught with error, with
messages muddled by the sender, or misinterpreted by the recipient. When this isn't
detected, it can cause tremendous confusion, wasted effort and missed opportunity

Objective of the Module

To understand the importance of Business Communication in order to enhance the
capabilities of understanding and implementing the correct communication channel to
bring the effectiveness of the organization in order to succeed in business, and maintain

36
good relationships with clients, customers and employees

Coverage of the Module

· What is communication?
· Need of communication
· Communication flow
· Types of Communication
· Barriers of Communication
· Overcoming tips of barrier
· Essentials of effective communication

TEAM BUILDING & LEADERSHIP

Background
In the context of globalization only high performing managers can survive, grow and
excel. This calls for continuous enhancement of the dynamics of leadership capabilities
of managers. Today’s managers will have to demonstrate positive leadership
capabilities by creating and sustaining trust, shared vision as well as synergy to achieve
organizational goals.

Objective of the Module

· Understanding the role of leadership, teamwork and team-building.
· Improving business results by managing team dynamics; flexibility and
resilience, self management and emotional maturity

Coverage of the Module

· Team Vs. Group
· Team & Team Work
· The essentials of winning Team
· A good team player
· Stages of Team Building
· Leadership, teamwork & team-building
· Leader Vs. Manager
· Improving performance

STRESS MANAGEMENT & WORK LIFE BALANCE

Background
During the last 20 years, the nature of jobs across globe has changed substantially

37
resulting in jobs becoming less and less physically demanding. Coupled with this, the
change in life style, has led to stress level increasing day by day, both at work place and
at home. It is therefore of utmost importance to understand the various transients
affecting health and fitness levels of individuals. In view of this, the module will help to
take a proactive approach to stress management in order to establish a work
environment that is healthy, stress-free and fit.

Objective of the Module

To understand the stress level, its symptoms and various impacts and to develop
a better work life balance strategies for leading a better life.

Coverage of the Module

· What is stress?
· Reasons of stress
· Symptoms of stress
· Impact of stress
· Managing Stress
· ABC Strategy
· Tips of de-stressing

BUSINESS ETIQUETTE & CORPORATE GROOMING

Background
Self –improvement and self –development has become imperative for survival in the
changing and competitive environment. Business Etiquette is a very important factor in
determining the success or failure of a business or a person. This module will guide to
enhance the focus for Business Etiquette & Corporate Grooming.
Objective of the Module

To understand the importance of Corporate grooming, Power Dressing and how to

make our body language effective in order to enhance personal effectiveness with good
manners and etiquettes in order to succeed in your business, be liked by people and
maintain good relationships with clients, customers and employees.

Coverage of the Module

· Business etiquette
· Corporate grooming
· Corporate ground rules
· Social niceties
· Work norm
38
· Meeting protocol
· Dining etiquette

PROJECT TRAINING
Project trainings are the time-to-time held training sessions held by the organization and
with the help of experienced and learned employees to train students outside the
organizations, in various practical fields, for the accomplishments of their compulsory
projects

(5) Training evaluation:

ANALYSIS OF PRIMARY DATA

1. What do you understand by training?
Learning 0
Enhancement of knowledge, skill &attitude 4
Sharing information 0
All of the above 16
ANALYSIS

The above result shows that most of the kartavyayogis of corporate HR are well aware
of the definition, inputs and purpose of the training program. They are self motivated to
attend such training program as it will result in their skill enhancement & improving their
interpersonal skill.

2. Training is must for enhancing productivity and performance.

Completely agree 17
Partially agree 3
Disagree 0
Unsure 0

ANALYSIS:

The above result shows that mostly all the kartavyayogis of corporate HR are well
aware of the role and importance of the training. It means somewhere their productivity

39
and performance has been improved after the training program attended by them and it
helped them to achieve their goal.

3. (i). Have you attended any training program in the last 01 year?
Yes 20
No 0

ANALYSIS:

100% respondents had attended training program in the last 01 year. It means in
corporate HR, Indiabulls Pvt. Ltd., time to time training is provided to all the
kartavyayogis and it is continuous process.

(ii). If yes, which module of soft skill development training?

Personality and positive attitude 3
Business communication 2
Team building and leadership 0
Stress management and work-life balance 2
Business etiquettes and corporate grooming 0
All of above 13
If any other ,please specify 0

ANALYSIS:
65% respondents had attended all the five modules of soft skill development training.
But besides soft skill development training, Corporate HR Indiabulls Pvt. Ltd. should
also provide product/process or skill based training to enhance the employability.

4.(i). After the training, have you given feedback of it?

Yes 20
No 0

ANALYSIS:
100% respondent had given feedback after attending the training. It means each and
every respondent are well aware of the importance of giving feedback. They know that
Page 57 their feedback is very important to identify the effectiveness and valuation of
training program.

(ii). If yes, through which method?

Questionnaire 16

40
Interview 1
Supplement test 1
Any other 0

ANALYSIS:
The above result shows that the questionnaire is the most popular method of evaluating
the training program and other methods are not very much in practice in corporate HR,
Indiabulls Pvt. Ltd. But since there are various other methods of evaluation of training
program like interviews, supplement test, self diaries& observation so it should also
implement the other methods also to identify the ROI (return on investment) &
effectiveness and valuation of the training program.

5. Which method of post training feedback according to you is more

appropriate?
Observation 5
Questionnaire 3
Interviews 8
Self diaries 3
Supplement test 1

ANALYSIS:
I. Corporate HR, Indiabulls Pvt. Ltd., mostly use the questionnaire to get the feedback
of trainees but only 15% respondents are in favor of questionnaire because in it there is
a possibility of getting inaccurate data and in this responding conditions are also not
controlled.

II. On the other side 40% respondents feel that interview is the most appropriate method
of evaluating the training program because it is more flexible method, and in this they
can get the opportunity for clarification and the most important thing is that in the
interview, personal interaction is also possible.

III. 25% are in favor of observation because this is non-threatening and is excellent way
to measure the behavioral changes.

IV. Beside this, 15% are in favor of self diaries and 5% are in the favor of supplement
test. It means that Corporate HR, Indiabulls Pvt. Ltd. should also try to use other
method of evaluation of training program.

6.(i). Do you think that the feedback can evaluate the training

41
effectiveness?
Yes 20
No 0
ANALYSIS:
100% respondents think that the feedback can evaluate the training effectiveness. It
means that kartavyayogis in the Corporate HR, Indiabulls Pvt. Ltd. are well aware of
the importance of taking feedback after the training.
Page 61
(ii).If yes, how can the post training feedbacks can help the
participants?
Improve job performance 1
An aid to future planning 3
Motivate to do better 2
All of the above 14
None 0

ANALYSIS:
70% respondent feel that the post training feedback can help the participants to improve
their job performance, is an aid to future planning and can motivate to do better. It
means that they are benefited by giving feedback of the training, attended by them.

7. Post training evaluation focus on result rather than on the effort

expended in conducting training.
Completely agree 14
Partially agree 6
Disagree 0
Unsure 0
ANALYSIS:
70% respondents are completely agree and 30% respondents are partially agree with
the statement that post training evaluation focus on result rather than on the effort
expended in conducting training program. It means that all the respondent are well
aware of the purpose and objective of the post training evaluation.

8. What should be the approach of post training evaluation?

Trainer centered 2
Trainee centered 2
Subject centered 8
All of the above 8

42
ANALYSIS:
I. 40% respondents feel that the approach of post training evaluation should be subject
centered and 40% respondent also feel that it should be trainer, trainee and subject
centered.

II. 10% respondents are in favor of trainee centered approach and 10% respondents are
in favor of trainer centered approach. It means that the evaluation procedure should be
implemented concerning trainer, trainee and subject.

9. What should be the ideal time to evaluate the training?

Immediate after training 6
After 15 days 7
After 1 month 4
Can’t say 3

ANALYSIS:
35% respondent feel that training should be evaluate after 15 days.30% feel that it
should be immediate after training. 20% feel that ideal time to evaluate the training is
after 1 month and 15% are unsure. Since each respondent had attended different
training program. So the ideal time of evaluation of training depends on types of
training. It could be vary for different training.

10. Should the post training evaluation procedure reviewed and

revised periodically?
Yes 16
No 2
Can’t say 2

ANALYSIS:
80% respondents feel that the post training evaluation procedure should be reviewed
and revised periodically. It means that it has to be a continuous process and be taken
regularly by the line manager/Reporting manager of the participants. It could also be
taken by peer group. Still 10% feel that the post training evaluation procedure should
not be reviewed and revised periodically. It means they are satisfied with the post
training evaluation procedure, followed by Corporate HR, Indiabulls Pvt. Ltd..

11. Is the whole feedback exercise after the training worth the time,
money and effort?
43
Yes 18
No 2
Can’t say 0

ANALYSIS:
90% respondents feel that the whole feedback exercise worth the time, money and
effort and 10% respondent are not agree with this. It means that feedback exercise is
valuable and worthful for the participant to achieve their personal goal as well as for the
organization. Still 10% are unsure about it. So there is a need to create awareness
among them that how much the feedback exercise is important to identify the
effectiveness and valuation of the training program, to identify the ROI(return on
investment),to identify the need of retraining and identify the points to improve the
training.

12.The post training feedback can be used:

To identify the effectiveness and valuation of training program 3
To identify the ROI(return on investment) 2
To identify the need of retraining 0
To provide the points to improve the training 0
All of above 15

ANALYSIS:
75% respondents feels that post training feedback can be used to identify the
effectiveness and valuation of training program, to identify the ROI, to identify the need
of retraining and to provide the points to improve the training. And others are also aware
of the importance of post training feedback.

44
CHAPTER IV
FINDINGS, SUGGESTIONS, CONCLUSION & LIMITATIONS:

KEY FINDINGS
• Mostly all the kartavyayogis of corporate HR are well aware of the role and
importance of the training They are self motivated to attend such training
program as it will result in their skill enhancement & improving their interpersonal
skill.
• Corporate HR, Indiabulls Pvt. Ltd. , time to time training is provided to all the
kartavyayogis and it is continuous process.
• Two types of training is provided to the kartavyayogis by Corporate HR Indiabulls
Pvt. Ltd. -induction training and soft skill development training.
• Questionnaire is the most popular mean of evaluating the training program in
Indiabulls Pvt. Ltd..
• Most of the kartavyayogis feel that interview is the most appropriate method of
evaluating the training program.
• Post training evaluation focus on result rather than on the effort expended in
conducting the training and it worth the time, money and effort.
• Most of the participants are benefitted by giving feedback after attended the
training. It motivated them to do better, helped them to increase their job
performance and is an aid to future planning.
• In Indiabulls Pvt. Ltd., post training evaluation is used to identify the effectiveness
and valuation of training program, to identify the ROI(return on investment), to
identify the need of retraining and to provide the points to improve the training.

SUGGESTIONS AND RECOMMENDATIONS

The management must commit itself to allocate major resources and adequate time to
training.

 Ensure that training contribute to competitive strategies of the firm. Different

strategies need different HR skill for implementation. Let training help employees
at all levels acquire the needed skill.

 Ensure that a comprehensive and systematic approach to training exists, and

training and retraining are done at all levels on a continuous and ongoing basis.

45
 Ensure that there is proper linkage among organizational, operational and
individual training needs.
 Skill based training (product/process training) should also be provided.

 Besides questionnaire other methods of post training evaluation should also be

used like interviews, self diaries, observation and supplement test.

 The evaluation procedure must be implemented concerning trainer, trainee and

subject.

 Post training feedback has to be continuous and should also be taken from line
manager/superior & from peers to find out the effectiveness and valuation of
training.

CONCLUSION
Professional competence describes the state-of-the-art, Area- knowledge, expertise
and skill relevant for performing excellently within a specific functional department. This
competence insures that technical knowledge is both present and used within a firm for
the welfare of its stake-holders. To develop this competence regular Training and
Development is required.Therefore, Training initiatives and programs have become a
priority for Human Resources. As business markets change due to an increase in
technology initiatives,companies need to spend more time and money on training
employees. In today’s business climate employee development is critical to corporate
success and organizations are investing more in their employees training and
development needs.
Training evaluation is the important part of training process. It provides a feedback and
help the sponsors and the resource persons for improvement at the level of individual
performance and in the strategy formulation for training and development. Post training
evaluation can be used to identify the effectiveness and valuation of training
programme, to identify the ROI (return on investment), to identify the need of retraining
and to provide the points to improve the training.

LIMITATION OF THE STUDY

1. The study is limited to the Corporate HR, INDIABULLS PVT. LTD.LUCKNOW. So the
study is subject to the limitation of area.
2. The time period of the study was only two six weeks which may provide a deceptive
picture in comparison of the study based on long run.
3. Sampling size was of only 20, because only these people had attended soft skill
development training.
46
4. Corporate HR, Indiabulls Pvt. Ltd. only provides soft skill development training,
not skill based (product/process) training. So how can one evaluate the skill based
training is still unresolved.
5. The study is based only on secondary & primary data so lack of keen observations
and interactions were also the limiting factors in the proper conclusion of the study.

47
ANNEXURE
QUESTIONNAIRE

Dear Madam/Sir,
I, , an MBA student pursuing my course from As a part of my curriculum I am
undergoing summer training at Corporate Please give your views/opinions in the
space given below about the post training feedback in INDIABULLS PVT. LTD..
The information provided by you will be kept highly confidential& will be used by
me strictly for an analysis only.

1) What do you understand by training?

a) Learning
b) Enhancement of knowledge, skill and aptitude
c) Sharing information
d) All of above

2) Training is must for enhancing productivity and performance.

a) Completely agree
b) Partially agree
c) Disagree
d) Unsure

3) (i) Have you attended any training programme in the last 01 year?
a) Yes
b) No

(ii) If yes ,which module of soft skill development training?

a) Personality and positive attitude
b) Business communication
c) Team building and leadership
d) Stress management and work-life balance
e) Business etiquettes and corporate grooming
f) All of above
g) If any other please specify ___________________________

4) (i) After the training ,have you given feedback of it?

a) Yes
b) No
48
(ii) If yes, through which method?(can select more than one)
a) Questionnaire
b) Interview
c) Supplement test
d) If any other please specify _______________

5) Which method of post training feedback according to you is more appropriate?

a) Observation
b) Questionnaire
c) Interviews
d) Self diaries
e) Supplement test

6) (i) Do you think that the feedback can evaluate the training effectiveness?
a) Yes
b) No

(ii) If yes, how can the post training feedbacks can help the participants?(can
select more than one)
a) Improve job performance
b) An aid to future planning
c) Motivate to do better
d) All of the above
e) None

7) Post training evaluation focus on result rather than on the effort expended in
conducting training.
a) Completely agree
b) Partially agree
c) Disagree
d) Unsure

8) What should be the approach of the post training evaluation?(can select more
than one)
a) Trainer centered
b) Trainee centered
c) Subject Centered
d) All of the above

9) What should be the ideal time to evaluate the training?

49
a) Immediate after training
b) After 15 days
c) After 1 month
d) Cant say

10) Should the post training evaluation procedure reviewed and revised
periodically?
a) Yes
b) No
c) Cant say

11) Is the whole feedback exercise after the training worth the time, money and
effort?
a) Yes
b) No
c) Cant say

12) The post training feedbacks can be used :

a) To identify the effectiveness and valuation of the training programme
b) To identify the ROI( return on investment)
c) To identify the need of retraining
d) To provide the points to improve the training
e) All of above

50
 BIBLIOGRAPHY

1. BOOKS/MAGAZINES:
· Human Resource Management by L. M. Prasad
· Human Resource Management by Dipak. k. Bhattacharya
· Human Resource Management by K. Ashwathapa

2. WEBSITES:
· http://www.Indiabulls.co.in
· http://www.Indiabulls.org
· http://www.managementhelp.org/search/management_help_search.html?
zoom_query=training+and+development
· http://www.inc.com/magazine/19930201/3393_pagen_7.html
· http://humanresources.about.com/od/trainingtrends/Future_Education_and_Traini
ng_Trends.htm
· http://humanresources.about.com/od/training/Training_Development_and_Educat
ion_for_Employees.htm
· http://traininganddevelopment.naukrihub.com/

51