training and development in bharti axa life insurance

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DIAS by AMIT SHARMA 3rd Semester TRAINING and DEVELOPMENT

COMPANY PROFILE OF BHARTI AXA: 

COMPANY PROFILE OF BHARTI AXA Incorporated on 13th July 2007 . Headquartered in Bangalore . 30 branches across India Vision to become the leader and preferred company for financial protection in India. To provide Fast, Fair & Friendly services. Joint venture between Bharti and AXA . 74% stake from Bharti and 26% stake of AXA .

OBJECTIVES of STUDY: 

OBJECTIVES of STUDY To know the employee opinion regarding the Training & Development program. To find out what is the Training & Development needs in concern area. To find out the benefits of the Training & Development program to the employee and to the organization. To find out what is the result for the organization because of giving the Training & Development to the employees.

TRAINING & DEVELOPMENT PROGRAMS AT VARIOUS LEVELS: 

TRAINING & DEVELOPMENT PROGRAMS AT VARIOUS LEVELS

Training and development : 

Training and development USED to :-- Deals with the design and delivery of learning to improve performance, skills, or knowledge within organizations. According to Edwin B Flippo Training is the act of increasing knowledge and skills of an employee for doing a particular job.

Needs for Training: 

Needs for Training To improve the current job performance of employees To familiarize employees with the policies and procedures of the organization. To enhance the creativity, adaptability and versatility of the employees and to facilitate learning at the work place. To prepare employees for future job.

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To change the skills, knowledge and attitudes of the employees on a permanent basis. To help employees manage their careers. To maintain knowledgeable work force. To gain competitive advantage through a knowledgeable work force. To promote organizational growth through individual growth.

Onsite Workshops for Leadership Team : 

Onsite Workshops for Leadership Team They need mentors . Provides managers with proven techniques for effective personnel management. Provides healthy perspectives for managers at all levels. New supervisors gain a solid grounding in the concept of ''leadership''. More experienced managers refresh their commitment to teaching and coaching their team members. Making it an ideal morale-boosting leadership development experience for mixed groups of front-line supervisors and senior staff members.

Leadership Training for Success : 

Leadership Training for Success All managers need methods . Leaders need to know the most effective techniques For guiding teams Mentoring individuals Validating the results. Reflects the leader's personality, rather than the employees' needs.

A Results-Oriented Training Program : 

A Results-Oriented Training Program Recognize each employee's personality preferences and supervisory needs. Align their leadership style with those of their bosses, colleagues, and subordinates. Develop competent and committed employees by mentoring and guiding their employees toward success. Schedule their management responsibilities to ensure that nothing is left to chance. Use practiced real-world scenarios to resolve challenges and remove barriers.

Training Program done by Bharti AXA Life : 

Training Program done by Bharti AXA Life Training program for sales managers. Training program for Advisors. Training program for operations executives.

Required skills for employees in Bharti AXA Life Insurance : 

Required skills for employees in Bharti AXA Life Insurance Interpersonal skills. Excellent communication skills. Understanding nature. Aggressiveness. Convincing skills. Ability to motivate others. Interest to learn.

TYPES OF TRAINING & DEVELOPMENT : 

TYPES OF TRAINING & DEVELOPMENT Coaching Continuing Professional Development or CPD E-learning aka Online Learning, Distance Learning, Web-Based Learning Executive education Executive development Leadership development Instructional Animation Instructional Design Instructional Strategies Knowledge Management Organizational Learning Organizational knowledge Mentoring Teaching Method Blended learning Outbound Management Development Programmes

ANALYSIS of Questionnaires : 

ANALYSIS of Questionnaires What is your opinion on training?

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Do you feel that training will helpful for individual growth ?

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Did you satisfy with training what company conducted here ?

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Is there any improvement in performance after getting the training?

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Who needs much knowledge regarding company and product

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In which areas employee needs training?

FINDINGS: 

FINDINGS Trained & Developed employees can work more efficiently . Makes employees more loyal to an organization. Makes an employee more useful to a firm. Training enables employees to secure promotions easily . They can realize their career goals comfortably. Development helps in increase their morale . Employees can avoid mistakes on the job.

CONTINUED….. : 

CONTINUED….. They can handle jobs with confidence . They will be more satisfied on their jobs. Training & Development can contribute to :- Higher production Fewer mistakes Greater job satisfaction Lower employee turnover. Also, it can enable employees to cope up with organizational, social and technological change .

RECOMMENDATIONS: 

RECOMMENDATIONS Create awareness: The Company has to take care of awareness creation about the products and services among the Advisors/Agents. Charges: The Company has to reduce the mortality and administration charges. The company has to give periodic training. Product promotion strategies should be improved. Company should consider the present competition and should act according to the customer needs. It should be like long term training like Fundamental Carrier class, Basic Carrier class which helps the advisors in different stages.

CONCLUSION : 

CONCLUSION In this Knowledge-based economy Training helps people to learn how to do the things differently or do the different things . Development is that which helps in improving the performance of the employees by giving them opportunities for growth. Products are now increasingly knowledge-intensive; for this employer are responsible for providing opportunities for continued learning. To cope with the challenges and competitiveness in the world, every organization needs the services of trained persons for performing the activities in the systemic way. So, training program plays a key role in individual as well as organizational performance

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Have a Nice Day Thank You And AMIT SHARMA