Human re book of facts development (HRD) has come to excrescence because organizations have to improve their productivity and international agonisticness. A well-trained, multi-skilled workforce is essential to economic survival. Moreover, many employees now look to the connection they work for to provide them with growth and learning opportunities to improve their employability. explore shows that investments in human preferences are a potential source of competitive advantage and have a positive blood with share market performance and profits. (Stone, 2008: 349)
According to Stone, “Human resource development (HRD) is that includes training and development, career planning and performance appraisal. These are paying attention on the acquisition of the essential attitudes, skills and friendship to facilitate the achievement of employee career goals and organizational strategic line of descent objectives”. Shortly, planned activities due to employee’s needs or mixed changes for either employees or an organisation itself.
The business world is experiencing a metamorphosis precipitated by revolutionary changes in technology, diverse consumer demands, globalization of our economy, corporate downsizing, rightsizing, restructuring, and increased competition.
These changes provide challenges and opportunities for all workers with regard to their careers. The challenges are even more crucial to HRD experts with regard to individual and organizational career goals (Graham & Nafukho, 2004). A highly educated workforce with a strong work ethic and a positive attack to change is really important ingredient in 21c’s economic battle field.
HRD acts as a triggering mechanism for the growth of other HRM policies that are aimed at recruiting, retaining and rewarding employees, who are recognize as the qualitative difference between organizations (Bratton & Gold, 2003).
To be competitive in the global market place, many...If you want to get a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment