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Training and Development Project Report

The document is a project report on 'Training and Development' submitted by Khushi Kumari for a Bachelor's degree at Bokaro Steel City College. It includes acknowledgments, an executive summary discussing the importance of human resource management and training, and a detailed profile of the Bokaro Steel Plant, including its mission, vision, and organizational structure. The report emphasizes the significance of effective training for achieving organizational goals and sustaining competitive advantage in the steel industry.

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amrik.bokaro
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0% found this document useful (0 votes)
8 views13 pages

Training and Development Project Report

The document is a project report on 'Training and Development' submitted by Khushi Kumari for a Bachelor's degree at Bokaro Steel City College. It includes acknowledgments, an executive summary discussing the importance of human resource management and training, and a detailed profile of the Bokaro Steel Plant, including its mission, vision, and organizational structure. The report emphasizes the significance of effective training for achieving organizational goals and sustaining competitive advantage in the steel industry.

Uploaded by

amrik.bokaro
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

STUDENT DECLARATION

I hereby declare that the project report entitled


“TRAINING AND DEVELOPMENT” Submitted in
partial fulfilment of the requirements for the
Degree of Bachelors of Business Administration
from Bokaro Steel City College, is my original
work and not submitted for the award of any
other degree, diploma, fellowship, or any other
similar title of prizes.

KHUSHI KUMARI
REGN NO. :-BBMKU2022033000
ACKNOWLEDGEMENT

I wish to acknowledge my indebtedness to my


project guide [Link] Priyadarshini (AGM
(Pers./Fsc)) for her valued guidance without her
sincere guidance and support this project would not
have been a success. Thanking her is a small gesture
for the generosity shown.

I am also indebted to all the employees of the


organization for their sincere help and co-operation.

This project is a satisfactory outcome of several days’


hard work. I am thankful to the respondents who
have given me sample feedback and co-operation
during the preparation of this report.

Finally, I take this opportunity to thank the entire


senior executives’ team and every associate of this
organization, who have helped me directly and
indirectly during this period of project preparation.

KHUSHI KUMARI
TABLE OF CONTENTS
Executive Summary

Part I

Profile Study Of The Organization


Industry Profile
Vision/Mission Statements
Organizational Structure/Hierarchy, Employee
Strength
Production Flow in Bokaro Steel Plant

Part 2

Background Of The Study


Relevance Of The Study

Chapter 1 –
Research Process
Objectives Of The Study
Scope Of The Study
Research Design
Tools For Data Collection
Chapter 2 -

Presentation And Analysis Of Data

Chapter 3 -

Interpretation And Conclusions

Chapter 4 -

Suggestions/Recommendations

• Bibliography
• Annexure
EXECUTIVE SUMMARY

Human resource management traditionally deals with


selection, recruitment, training, and employee
development. The achievement of organizational goals is
dependent on the skill of the workforce; organizations
devote a considerable amount of time and money on
effective training. From the organization’s perspective,
training involves imparting of skills, knowledge and abilities
to enable the worker to work effectively and make
contribution to the organization. For employees/workers,
training implies not only acquiring knowledge, but also
adding to one’s already existing skills. An organization
either Business or Industrial Enterprises needs many factors
for its growth, further development and form its very
survival. The most important factors are Capital, Materials,
Machineries and Human Resources as the success or failure
of any organization depends on the effective combination
of these factors. Managing all other factors is comparatively
easier than managing Human Resources. The Human
Resources are most important and need to be handled
carefully. Since all the others factors are handled by the
human resources, hey have to be trained in an effective
manner to utilize the resources at optimal level to get the
desired output and thereby to reach the organization goals.
The effective combination of all these factors results to way
for success. To conduct the analysis various methods are
available such as questionnaires, interviews, observation,
etc.
Oliver Sheldon says ‘No industry can rendered efficient so
long as the fact remains unrecognized that the in
principally human– not a mass of machines and technical
process but a body of men. If manpower is properly utilized
it causes the industry to run at its maximum optimization
getting results and also work for as an climax for industrial
and group satisfaction in the relation to the work formed.
Competitive advantage is therefore depending on the
knowledge and skill possessed by employee more than the
finance or market structure by organization.
The employee training not only serves the purpose to
develop their employers but also safeguard organizational
objectives of survival and success through competitive
advantages The training function now popularly called as
Human Resource Development, coordinates theprovision
of training and development experiences in organization.
In recent years, the scope of Training and Development
has broadened from simply providing training programs to
facilitating learning throughout the organization in a wide
variety of ways. There is increasing recognition that
employees can and should learn continuously, and that
they can learn from experience and from each other as
well as from formally structured training programs. The
Computer Application Training and New Employee
Training are most popular training topics. Various
Management and supervisory skills such as leadership,
performance appraisal, interviewing, and problem solving
were also commonly taught.
PART 1

INDUSTRY PROFILE

INTRODUCTION

The Steel Authority of India limited (SAIL), manufacters


various product of iron and steel the company owns and
operates five integrated steel plant at Bhilai, Durgapur,
Rourkela, Bokaro and Burnpur and three special steel
plants at Salem, Durgapur and Bhadravati along with
captive mines for iron ore, limestone, dolomite and coal
and has a subsidiary, MEL, at Chandrapura. We also have
an extensive marketing network spread across the
length and breath of the country.
SAIL, reaffirms its commitment to contributing towards a
clean and sustainable environment and continually
enhancing its environmental performance as an integral
part of its business philosophy and valves.
Towards this commitment, we can,
Integrate sound environmental management practices in
all our activities.
Conduct our operations in an environmentally
responsible manner to compile with applicable legal and
other requirements related to its environmental aspects
and strive to go beyond.
Progressively adopt cleaner and energy efficient
technologies.
Minimized waste generation and promote recovery,
recycle and reuse.
Increase greenery in and around our plants and mines.
Strive for continual improvement in our environmental
performance by setting targets, measuring progress,
taking corrective actionn and communicating
environmental information to all concerned.
Enhance environmental awareness amongst employee
working for and on behalf of us and the general populace
around plants and mines.
Encourage our business associate to adopt similar
approach for environmental protection.

The company has the distinction of being India’s largest


producer of iron ore, owing India’s second largest mines
network provides SAIL a competitive edge in terms of
capacity of availability of iron network provides SAIL’s R&D
centre for iron & steel at Ranchi , equipped with the largest
diagnostic facilities, is considered as being the best of its
kind in Asia.
BOKARO STEEL PLANT –AN OUTLINE

Bokaro Steel Plant was originally incorporated as a limited


company on 26th January 1964 but after the formation of SAIL
in 1974 it became a wholly owned subsidiary of SAIL. Thus
Bokaro Steel Plant is a unit of SAIL, under the ministry of
Steel and Mines. It is christened to be India’s largest steel
complex employing about 46,964 people with a capital cost
of Rs. 981 crores at 1st Stage and Rs. 2194 crores at 2nd stage to
produce flat products. BSL is the symbol of country’s efforts
towards augmentation of steel production and
indigenization. It has a distinction of being a truly Swadeshi
plant with only 14% imported components in Capital
equipment as in case of 77% in case of Bhilai, Bokaro was in a
very large measure of indigenous origin. BSL along is
involved in production of about 4.5MT steel in various forms
like steel coil, ingot steel, corrugated sheets etc. BSP is the
largest plant of its kind in Asia and their products are of the
national and international importance.

A) Location of Company

Bokaro Steel Plant located in the district of Bokaro in the


Jharkhand state has during a short span of about two decades
come to be christened the largest steel complex of its kind in
Asia. It is located on the site where formerly a village by the
name of Marphari existed. It was connected to a railway
station also known as Maraphari on the Muri-Chandrapura line
on the south eastern railway with the coming of the steel plant
the railway station was renamed as Bokaro Steel City as
recommended on January 25, 1969 to distinguish it from
Bokaro Thermal in Eastern Railways.
B) Financial Sources of Company :

The financial sources of BSL are classified under following


three categories:
a)Government Grants Loans or share participation
- An interest bearing and repayable loans.
- An interest bearing but not repayable loans.
- No interest bearing but repayable loans.
- An outright grant when required.
b) Loans from banks and financial instructions
c) Ploughed back profit

C) Administrative Structure of BSL :

a) Works Division
b) Construction Division
c) Services Division
d) Materials Division
Works division has various operation and maintenance
departments list of the main departments of work are given
below:
a) Raw material and material handling plant
b) Refectory Material Plant.
c) Coke Oven and By product plant
d) Sintering plant
e) Blast furnace
f) Thermal Power Plant and turbo boiler station
g) Steel Melting Shop
h) Slabbing Mills
g) Hot Strip Mill
MISSION

Consistent with the corporate vision and core values,


Bokaro Steel Plant strives to create sustainable long term
competitive advantage by managing, mobilizing,
inspiring & motivating its employees for continuous
growth in production, productivity, quality & profitability
leading to total customer satisfaction.

Bokaro Steel Plant recognizes that though the process of


competences building people involvement unleashing
and leveraging the creative energies of our people, we
can create values for the organization and agreed the
needs and expectation of our state leaders.

Bokaro Steel Plant is committed to safety health and


environment, friendly, operations and practices for its
people as well as personal touch in all people
imitativeness and interactions to bring a sense of
togetherness and pride, we believe people create valve
when they are valued.

VISION

To prosper in business by achieving international


competitiveness through satisfaction of customer needs
by continual improvement in quality, cost and delivery of
products and services.
CORE VALUES OF SAIL

Customer satisfaction.
Concern of people.
Consistant profitability.
Commitment of excellence.
HUMAN RESOURCE

SAIL’s total manpower at the end of 31 march, 2024 stood at


around 56,254 in which 10323 are executive employees 45932
rests of them are non-executive. The company’s labour
productivity of 900 tonnes of crude steel (tcs) /man/year in 2023-
24

LOCATION OF BOKARO STEEL PLANT

Bokaro steel Plant was planned for 5.25 MT and action for the
acquisition of land was undertaken.
Land Acquired (in hector)

Total area acquired and delivered 31287.24


Total Govt. and forest land transferred 107.20
Areas under process of acquisition 6973.68

Present total land requirement (in hector)


Plant, Slag dump, cooling pond & Marshal Yard 6963.99
Township including Airstrip 4093.29
Garga dam reservoir 1451.58
Railway 742.99

51619.97

Common questions

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Bokaro Steel Plant aims to align with customer satisfaction and international competitiveness by focusing on continuous growth in production, productivity, quality, and profitability, leading to total customer satisfaction. Its mission emphasizes managing and inspiring employees to create competitive advantages, which are essential for meeting customer needs and expectations. The vision focuses on achieving international competitiveness by continually improving the quality, cost, and delivery of products and services, thus ensuring customer satisfaction and staying ahead in the global market .

For a business or industrial enterprise to grow and survive, essential factors include Capital, Materials, Machineries, and Human Resources. These factors are interdependent; effective management of capital is required to procure materials and machinery, which are necessary for production. However, the most critical factor is Human Resources, as they manage all other factors and are instrumental in utilizing them optimally to meet organizational goals. Thus, a successful enterprise depends on the effective combination of these elements, with trained human resources being paramount to optimize performance and achieve the desired output .

Bokaro Steel Plant is notable for its high level of indigenization, with only 14% of imported components in its capital equipment, contrasting sharply with 77% in other plants like Bhilai. This indigenous nature implies that Bokaro relies significantly on domestic resources and technology, which may enhance its operational independence and potentially reduce costs associated with foreign imports. It reflects the plant's alignment with national efforts towards self-reliance in the steel industry and could provide a competitive edge in terms of cost efficiency and resilience against global supply chain disruptions .

Human Resource Development in contemporary organizations goes beyond traditional training programs by facilitating continuous learning opportunities across various channels. It emphasizes experiential learning and peer-to-peer knowledge sharing in addition to structured formal training programs. This broadened scope allows employees to gain skills and knowledge continuously, fostering an adaptable workforce that can respond to changing business needs and technological advancements. The HRD function thereby aligns with organizational objectives by nurturing a skilled and knowledgeable workforce that drives competitive advantage .

Bokaro Steel Plant's historical background as a Swadeshi initiative and its vast operational scale significantly contribute to its identity as a leading steel producer in Asia. Established under the broader framework of SAIL, with minimal foreign dependency for technology, BSL represents India's commitment to self-reliance in the steel industry. Its large-scale production capacity and diverse product range position it as a significant player on the continent. Additionally, its focus on continuous improvements in processes and output ensures it remains competitive and recognized for its national and international importance .

Managing human resources is inherently more challenging than managing other business factors like capital, materials, and machinery due to the complexity of human behavior and the variability of human performance. Unlike machinery or materials, humans require motivation, engagement, and continuous development to perform effectively. Challenges include skill development, conflict resolution, and maintaining high morale, all of which impact employee productivity and, therefore, organizational success. Ineffective human resource management can lead to high turnover, decreased morale, and productivity losses, ultimately impeding an organization's ability to meet its goals and adapt to market changes .

SAIL employs a multifaceted strategy to enhance environmental performance and sustainability, including integrating sound environmental management practices in its operations, ensuring compliance with legal and environmental standards, and adopting cleaner and energy-efficient technologies. The company focuses on minimizing waste through recovery, recycling, and reuse processes, increasing greenery around its plants and mines. It also sets targets for continual improvement, measures progress, and communicates environmental information to stakeholders. Additionally, SAIL encourages business associates to adopt similar environmental protection approaches, reflecting its commitment to a broader sustainability agenda .

Continuous learning in contemporary employee development is crucial as it prepares employees to meet evolving industry demands and technological advancements. It encourages adaptability, innovation, and resilience among employees by promoting skill enhancement and knowledge acquisition beyond formal training programs. This continuous development aligns with organizational goals by fostering a learning culture that supports strategic objectives through improved performance, productivity, and operational excellence. Organizations with a focus on continuous learning are better positioned to leverage internal talent effectively, ensuring sustained competitive advantages in a fast-paced business environment .

Employee training is pivotal for employer development and organizational survival by creating competitive advantages. Training enhances employees' skills and knowledge, aligning them with organizational goals and market needs. This enables organizations to optimize workforce potential, increase productivity, and innovate, maintaining a competitive edge in a dynamic business environment. Furthermore, well-trained employees improve organizational resilience, enabling quick adaptation to changes and challenges, thereby safeguarding long-term survival and success. Training not only develops individual capabilities but also aligns employee objectives with organizational strategies, driving collective growth and efficiency .

Bokaro Steel Plant utilizes government grants, loans or share participation, loans from banks and financial institutions, and ploughed-back profits as financial sources. Government grants and loans provide a stable base for long-term capital investments, ensuring operational stability. Bank loans facilitate short-term liquidity, supporting operational costs and expansion projects. Ploughed-back profits reflect the reinvestment of earnings into the business, driving growth and innovation. These varied financial sources provide a balance of sustainability and scalability to BSL's operations, enabling it to maintain a competitive edge in the steel industry .

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