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Training & Development is a subsystem of an organization. It ensures that randomness is reduced and learning or behavioral change takes place in structured format.
Traditional Approach – Most of the organizations before never used to believe in training. They were holding the traditional view that managers are born and not made. There were also some views that training is a very costly affair and not worth. Organizations used to believe more in executive pinching. But now the scenario seems to be changing.
The modern approach of training and development is that, the Organizations have realized the importance of corporate training. Training is now considered as more of retention tool than a cost. The training system in American Industry has been changed to create a smarter workforce and yield the best results.