Training in SMEs and its relationship to profitability

Nicholas O'Regan, Lorice Stainer*, Martin Sims

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The continuous development of employee potential is dependent on training at every level to acquire improved skills. While attention has been devoted to its contribution within organisations, there is a dearth of research on its effectiveness within the SME sector. The impact of training on performance and profitability in manufacturing SMEs is investigated. Three training groups are identified and examined in relation to the emphasis placed: employee input on decision making, influence on working practices and creativity on performance objectives. Those who utilise HR professionals seem to perform better than those who invest in training without HR input.

Original languageEnglish
Pages (from-to)166-181
Number of pages16
JournalInternational Journal of Human Resources Development and Management
Volume10
Issue number2
DOIs
Publication statusPublished - 1 Dec 2010

Keywords

  • Decision making
  • Employee creativity
  • HR
  • Human resources
  • Manufacturing
  • Performance
  • Small and medium enterprises
  • SMEs
  • Training
  • Working practices

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