In the present article, our team of experts have explained the concept of human resource development (HRD), role of human resource development, why do we need human resource development, what are the aims/objectives of human resource development, historical perspective/evolution of human resource development, what are the benefits of human resource development, and what is the difference between human resource development (HRD) and human resource management (HRM). Let's start and enjoy the reading.
What is the Definition of Human Resource Development (HRD)?
Before
going into the depth of the subject, it is extremely important to comprehend
the term “HRD” clearly. The term “HRD” consists of two words i.e. ‘Human
Resource’ and ‘Development’. Human resources, who are considered to be the lifeblood of any organization,
are
the people and their characteristics at work either at the national level or organizational
level, and ‘Development’ is the acquisition of capabilities that are needed to
perform the present job or the future expected job. Thus, human resource
development is the process of developing the human resource working in an organization
by modernizing their knowledge and upgrading their skills, attitudes and
perceptions in order to meet out the changing trends of the globalized economy
and also to utilize those developments for the attainment of the organizational
goals.
Components of Human Resource Development |
In
other words, human resource development encompasses activities and processes
which are intended to have impact on organizational and individual learning. HRD
as an activity is extremely significant in achieving organizational excellence
i.e. to excel with people, process and performance. Human resource development is
a process which is needed to make the people grow continuously and growth of
people will ultimately lead to the growth and development of the organization.