Human Resource Development (HRD) is a positive humanistic concept in human resource management based on the belief that an investment in human beings is necessary and will invariably bring in substantial benefits to the organisation in the long run. HRD seeks to show people as assets on the credit side of the balance sheet.
Objectives of HRD:
- People can do better if they get a chance to grow. Thus, it focuses on involving them and trusting them.
- Focus on the strengths of people and help them overcome their weakness.
- Integrate the needs and aspirations of individuals into the strategic goals and the mission of an organisation for better results.
- Encourage individual initiative and response by providing a fostering culture.
Process of HRD:
HRD is a process by which the employees of an organisation are helped in a continuous and planned way to
- Acquire or sharpen capabilities required to perform various functions associated with their present or expected future roles.
- Develop their general capabilities as individuals and discover their inner potential for organisational and their own development.
- Develop an organisational culture in which superior-subordinate relationships, teamwork and collaboration among subunits are strong and contribute to the professional well being, motivation and pride of employees.
Features of HRD:
- HRD is a system having interdependent, appraisal, development, etc.
- HRD is a planned and systematic way of nurturing the workforce, which is a continuous process.
- HRD involves the development of competencies at the personal level, interpersonal level, group level and organisational level.
- HRD is an inter-disciplinary concept like sociology, psychology and aims at improving the quality of life of employees.