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Untitled Presentation
Untitled Presentation
Untitled Presentation
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INTRODUCTION OF THE TOPIC:
TRAINING : Is the formal and systematic modification of behaviour through
learning.
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OVERVIEW OF ACI MOTORS LTD. :
ACI Motors was launched in 2007 in Bangladesh, to propagate a systemic
change in the agricultural sector through increased mechanization of the
agricultural process. To fulfill this vision, ACI Motors is striving to provide
“Complete Farm Mechanization Solution” to farmers by offering a wide
range of agriculture machineries -Tractor, Power tiller, Reaper, Mini
Combine Harvester, Rice Transplanter etc.ACI Motors entered the
Construction Equipment Industry of Bangladesh in 2014 introducing CASE
Construction Equipment. ACI Motors also became the distributor of world
famous YAMAHA Motorcycles in Bangladesh in 2016.
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TRAINING PROCEDURE OF ACI
MOTORS LIMITED:
ACI Motors in Bangladesh utilizes a blend of online and offline training
methods to equip its employees with the necessary skills and knowledge to
excel in their roles. Online training sessions are conducted via Zoom(Off the
job-training) by HR personnel, providing a convenient and accessible platform
for learning.Offline training sessions(OJT) are held in the company's
ballroom, led by specialists in the respective topics.
So,ACI Motors' training strategy effectively combines online and offline
methods to deliver a well-rounded and engaging learning experience for its
employees.
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IMPORTANCE OF TRAINING &
DEVELOPMENT:
1)Benefits the Organization.
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INDUSTRY & TECHNOLOGICAL
UPDATES:
ACI Motors recognizes latest industry trends and technological
advancements and ensures that its employees are always up-to-date
through regular training and development programs.These programs cover
a wide range of topics, including safety protocols, ethical guidelines, quality
standards, and technological innovations. By equipping its employees with
the latest knowledge and skills, ACI Motors Ltd. ensures that they can
perform their roles more effectively and efficiently, thereby contributing to
the company’s overall success.
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COMPLIANCE & SAFETY :
Regular training ensures that employees are aware of and comply with
industry regulations and laws. This is particularly important in the
automotive and agricultural machinery industry, where safety is
paramount. Training programs focused on safety can help prevent
accidents and ensure a safe working environment. Moreover, compliance
with regulations can prevent legal issues and potential fines.
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MARKET SHARE :
💧YAMAHA- 40%
⚫BAJAJ-13%
🟢HERO-7%
🔵SUZUKI-30%
🟠HONDA-10%
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EMPLOYEE RETENTION &
TURNOVER:
Investing in employee development not only enhances performance but also
plays a significant role in employee retention. Employees who are given
regular opportunities for growth and development are more likely to stay
with the company. This is particularly beneficial for ACI Motors Ltd.,as high
employee turnover can lead to increased recruitment costs, loss of
organizational knowledge, and decreased productivity. By focusing on
training and development,the company can maintain a dedicated and skilled
workforce that contributes to its long-term success.
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CUSTOMER SATISFACTION :
Training and development programs also play a crucial role in enhancing
customer satisfaction. Employees who are well-trained can provide better
customer service, understand the products better, and can assist customers
more effectively. This leads to higher customer satisfaction and loyalty,
which is beneficial for the company’s growth and profitability.
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FINDINGS :
1)The training and development programs at ACI Motors Ltd. have been
found to significantly improve employee performance.
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RECOMMENDATIONS:
1)The company should continue to invest in employee training and
development programs.
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CONCLUSION :
Training and development have a significant impact on employees
performance. These programs not only enhance the skills and knowledge
of the employees but also keep them updated with industry changes,
prepare them for new responsibilities, and improve employee retention.
Therefore, ACI Motors Limited should continue to prioritize employee
training and development as a key strategy for improving performance
and productivity. By doing so, the company can ensure its continued
success in Bangladesh’s automotive and agricultural sectors.
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“THANK YOU EVERYONE“
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