Training and development is a vital part of human resource development and ensures learning and behavioral changes occur in a structured way. It refers to obtaining or transferring the knowledge, skills, and abilities needed to perform specific tasks. An organization's training aims to help employees acquire job-related competencies, while development has a longer-term focus on preparing employees for future roles. Siemens implements training and development strategies to retain its leading position by identifying skill needs, providing training, evaluating effectiveness, and supporting employees' long-term growth. This benefits Siemens through a flexible, committed workforce that improves productivity and revenue.