IDEAS home Printed from
   My bibliography  Save this article

Training Strategy In Romanian And Multinational Companies


  • Sorin Terchila

    (Lucian Blaga university of Sibiu)


Training is a planned process to change attitudes, knowledge and behaviors through experience gained through study in order to get optimal performance in a frame or range of business activities. In this system, is to develop individual skills to meet workforce needs, present and future organizations. Through efficient on-one training program is aimed at: Improving individual performance, team and organization in terms of quality, speed and overall productivity; Improved operational flexibility by extending the range of qualifications held by employees; Reduced recruitment costs through retraining; Attracting quality employees by offering them training and development opportunities, raising their level of competence and skill area, making it possible to achieve a greater satisfaction in work; Increasing interest by encouraging their employees to identify with the task and organizational goals; Developing a positive culture in the framework of the organization; Reduce accidents by training workers in the field of labor; Creating a more receptive attitude to change, giving people the knowledge and skills they need to cope with new situations; Ensure maximum quality customer service. Given all these benefits, training should not be considered a luxury but a necessity. His goal is to help the organization achieve its goals by adding value to its key resource: the employees.

Suggested Citation

  • Sorin Terchila, 2011. "Training Strategy In Romanian And Multinational Companies," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 6(1), pages 109-120, April.
  • Handle: RePEc:blg:journl:v:6:y:2011:i:1:p:109-120

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Chris Mallin, 2004. "Review of International Corporate Governance Conference held at the Birmingham Business School, July 2002," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(1), pages 1-2, January.
    2. Mathias Siems, 2007. "Shareholder Protection around the World ("Leximetric II")," Working Papers wp359, Centre for Business Research, University of Cambridge.
    3. Tarun Khanna & Joe Kogan & Krishna Palepu, 2006. "Globalization and Similarities in Corporate Governance: A Cross-Country Analysis," The Review of Economics and Statistics, MIT Press, vol. 88(1), pages 69-90, February.
    4. Alessandro Zattoni & Francesca Cuomo, 2008. "Why Adopt Codes of Good Governance? A Comparison of Institutional and Efficiency Perspectives," Corporate Governance: An International Review, Wiley Blackwell, vol. 16(1), pages 1-15, January.
    5. Mathias Siems & Priya Lele, 2006. "Shareholder Protection: A Leximetric Approach," Working Papers wp324, Centre for Business Research, University of Cambridge.
    6. Niels Hermes & Theo J.B.M. Postma & Orestis Zivkov, 2006. "Corporate governance codes in the European Union: Are they driven by external or domestic forces?," International Journal of Managerial Finance, Emerald Group Publishing, vol. 2(4), pages 280-301, September.
    7. Martynova, M. & Renneboog, L.D.R., 2010. "A Corporate Governance Index : Convergence and Diversity of National Corporate Governance Regulations," Discussion Paper 2010-17, Tilburg University, Center for Economic Research.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:6:y:2011:i:1:p:109-120. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mihaela Herciu) or (Christopher F. Baum). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.