Effectiveness of Employee Training and Development in Increasing Productivity and Innovation in Multinational Companies

Abstract

This study explores the effectiveness of employee training and development in enhancing productivity and innovation within multinational companies. Utilizing a qualitative approach, this research employs literature review and library research to analyze existing studies and theoretical frameworks related to employee development strategies. The findings indicate that well-structured training programs significantly contribute to increased employee performance, job satisfaction, and overall organizational productivity. Moreover, continuous professional development fosters a culture of innovation by equipping employees with the necessary skills to adapt to rapidly changing market demands. The review highlights various training methodologies, including on-the-job training, mentoring, and e-learning, demonstrating their impact on enhancing workforce capabilities. Additionally, the study underscores thae importance of aligning training initiatives with organizational goals to maximize effectiveness. This research contributes to the understanding of how employee development can serve as a strategic tool for multinational companies seeking to maintain a competitive edge in the global market. Recommendations for future research include examining the long-term effects of specific training programs on employee retention and organizational success. Overall, this study emphasizes the critical role of employee training and development in driving productivity and innovation in multinational corporations.