"Training is a process to change employee's behavior at work through the application of learning principles. This behavioral change usually has a focus on knowledge or information, skills or activities and attitudes or belief and value system." Development, under the traditional vision, falls in the middle between training and education. Development can cover the present role or some grooming for future greatness. A cynical view is that we 'develop managers but trained workers' this may be indicative of the lack of latitude, hence the lack of real development potential, in most...

In these times of unprecedented competition due to waves created by Liberalization, Privatization and Globalization, it has become imperative to maintain effectively efficiency and maintain sustained competitive advantage. All companies have adopted various strategies for cost control and devising methods for preventing wastage of any kind. Mahindra and Mahindra (M&M) has stood firmly against the onslaught of foreign competitors. This bears testimony to the resilience of the company which has stood firm against all odds. M&M has track-record of innovation both in product and managerial...