Impact of Learning and Development Strategy on Organisational Performance

In today's competitive world, organisations are facing high accelerated rate of competition. Top management of the organisations; understand the importance of Human Resource, for business success and growth, and accordingly, managing learning and development activities of organisation, more strategically. Realizing the importance of people, the modern organisations have started capitalizing the human resource, as an advantage for success of organisation. So, modern organisations take the advantage of human resource, in successful business strategy. The importance of learning and development strategy, on planning, design, implementing and evaluating the training programs, which creates learning organisation and ensures values addition of employees. It is a transformation of learning and development of employees, to enhance performance of organisation.