In terms of business, training and development is designed for providing relevant information to the employees about the company and its objective. It also includes the upskilling of the workforce. This process allows the employees to contribute to their career as well as to the company in a positive way. 

According to various researches, conducting time to time training and development programs for employees is indeed a wise strategy. The reason - it helps in reducing shortfalls associated to reduced performance of the workforce in an organization. It has also been found that there is a strong connection between training and development and the performance of the employees.

• When an organization gears up training programs for its employees from time to time, it increases the overall skillsets of the employees while enhancing the level of productivity.
• Training and development programs help in figuring out loopholes and gaps in knowledge by providing relevant information about the same. Moreover, when weaknesses are outdone by learning, a new level of confidence is earned.
• On a personal level, as well, training and development sessions allow employees to aim for higher levels of jobs and build ambition in the company.
• Also, when employees are skilled, they tend to perform better and most of the times, get appreciated by the top management. Appreciation makes them feel valued in their respective companies.