| dc.description.abstract | In this competitive arena of business organizations are trying their level best to wrap up the best
feedback from the marketplace. Asian Lubricants Bangladesh Ltd. is a growing company that has not
expanded its business unit yet. They are focused on the great demanding sector – the lubricating oil
sector of Bangladesh. As the population and urbanization grow rapidly the demand for production rises
as well. Meanwhile, the existing companies are not capable of fulfilling the increasing demand. To
enter into the market strongly, skilled human resources are very much vital. As we all know human
resources is like the life and blood of every company because skillful talents are the sources of
competitive advantages. They need continuous upgrades of their skills, knowledge, and attitudes as per
the nature of the products and services. Training them to bring them on par with the organization's
goals and in tune with the business trends is necessary, which will also ensure optimal performance
from the employees. Asian Lubricants Bangladesh Ltd. defines different reasons or goals for
conducting training among employees. Their first target is to ensure job satisfaction, motivation, and
morale among employees. Then to increase the efficiencies and the capacity of adopting new
technologies and methods among the employees, which will also result in financial gain. Asian
Lubricants Bangladesh Ltd. also brings innovative culture in strategies and products through the
training. Ultimately that will reduce employee turnover and enhance company image. Introducing
training for employees is beneficial to get new skills and knowledge as well as develop the level of
expertise. But they should find a better combination of training and development. Because in Asian
Lubricants Bangladesh Ltd. the employee’s career development issues still get ignored, where the main
concentration is given only in the training part. So, the part of development should get more
precedence and concentration than the present time. | en_US |
