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Synopsis Successful companies have professional management as their prime backbone. The success of an organization depends on its management, employees and job satisfaction. Training is the act of increasing the knowledge and skill of an employee for doing a particular job. It is concerned with imparting specific job related skill to the employee, on the other hand, the term Development has a broader connotation, its aim being to improve the overall personality of an individual. To create learning environment in the organization so that each member continuously learns and acquires new competencies: knowledge, attitudes and skills. It is essential for an organization to have a comprehensive training and development policy. A large number of units are having training and development programmes with a view to build them into calibrated, motivated and dedicated employees.