ASSESSMENT OF TRAINING PRACTICES AND ITS CHALLENGES: THE CASE OF BANK OF ABYSSINIA SHARE COMPANY

Abstract

The central element in an organization and for a country is its human resource (HR) or human capi-tal. Since the human resource is viewed as the driving force for the success of the organization, it has become important to contain and provide them with sufficiently educated and skilled employees. Tak-ing this into consideration, this study is conducted to assess the training practices and challenges in the Bank of Abyssinia. The main objective of the study is to assess the training practices of the bank in terms of its process and it helps the management to see the training program’s strength and weak-nesses for improvement. Source of data used to undertake the study were both primary and second-ary data collection instrument. The researcher uses lottery method in order to gather data through questioner. Simple random sampling is selected as sampling technique just to make avail-able equal opportunity of being selected. Data gathered in this form is analyzed using descrip-tive statistics (frequency percentage and mean). The major findings of the study are information gap between managers and employees with regard to the banks strategic plan and training plan, poor training need assessment and poor evaluation of training practice. Besides the overall training practice at the bank conducted poorly so the study suggests that in order to have effective training practice the banks training plan must be clearly defined, conduct each and every process properly and timely.