Dear Marut,
Please note the following:
a) Training is conducted to bring about organizational change. Therefore, your focus should be on the organization and not on individuals.
b) Employee training is only a medium and not an end in itself. The end result should be the reduction of some costs that the organization incurs in the course of its operations. If not costs, then be clear about which ratio you would like to increase or decrease.
c) The measurement of training effectiveness is the comparison of costs before and after the training. The difference represents the ROI on training.
d) Any training that does not reduce costs or increase/decrease some ratio is ineffective.
e) The job of a Training/HR professional is not just about delivery or presentation skills, but also about studying/understanding the systems and processes to identify where and how revenue leakage is occurring. Your training efforts should be directed towards plugging that leakage.
To learn about various costs associated with the manufacturing industry, click on the following link:
https://www.citehr.com/521986-cost-cutting-factor.html
I have provided several replies on training-related subjects. You can refer to them by clicking on the following links:
#post2015092,
#post1969910,
https://www.citehr.com/311628-measur...ml#post1411484,
https://www.citehr.com/119766-kirkpa...tml#post758770,
https://www.citehr.com/171892-honeym...tml#post743051,
https://www.citehr.com/137807-parame...tml#post712618,
https://www.citehr.com/479129-how-ge...ml#post2112781,
https://www.citehr.com/336611-roi-ca...ml#post1552221,
https://www.citehr.com/423763-evalua...ml#post2149785,
https://www.citehr.com/498440-how-ca...utomobile.html,
https://www.citehr.com/446478-traini...-industry.html
[I]I recommend that you patiently go through the above links. It will enhance your awareness of training. Feel free to contact me on my mobile for further queries.
All the best!
Dinesh Divekar