| Abstract: | Development Bank of Ethiopia is one of the public owned banks in Ethiopian that implemented training and development processes intensively. Therefore, the study intended at assessment of training and development practices in this bank with due emphasis on practices of training and development needs assessment, training and development design , training and development implementation and training and development evaluation processes. Accordingly, all the necessary data was gathered from primary sources using questionnaires and interviews and in some extent secondary data were used. Proportionate stratified random sampling technique was used and the numbers of participants were 232. Among this 43 are managers and 189 are non-managers employees, while 15 questionnaires were not returned and the data analyzed based on 41managers and 156 non- managers respondents who received training. The researcher used descriptive analysis with the help of percentages and frequencies to describe responses. The study discovered that the major weaknesses of the company in training and development practices being lack of regular needs assessment, the training methods mostly applied within the bank was off-the-job method, absence of well-established trainees evaluation practice at different phases, lack of training need assessment policy and procedure, and there was no clearly stated criteria for trainees’ selection. The strengths are the support provided by top management, the importance of training and development given by the bank & the bank’s training co-ordination. There were also well designed training programs and intensive induction programs. Therefore, the bank need to conduct training need assessment regularly, use in balance of on-the job and off-the job training methods, and need to have effective training and development evaluation, clearly stated trainees selection criteria, effective training and development policy and procedure, and effective need assessment policy. |
