Human Resource Development (HRD)

Overview :
Human Resource Development (HRD) is a part of Human Resource Management (HRM) that deals with the training and development of employees. The focus of all aspects of Human Resource Development is on developing a superior workforce so that the organization and its individual employees can accomplish their work goals in service to customers. Acronym: HRD Human Resource Development (HRD) is a part of human resource management that deals with the training and development of employees.  Basically, HRD is the framework for helping employees in developing their skills, knowledge, and abilities, which will turn to improve an organization’s effectiveness. 

Human Resource Development(HRD)- Table
Manpower Planning, Recruitment, and Retention.	Succession, Planning and Talent Management,	Performance Management System(PMS)
Compensation and Benefits Program.	Policy and Procedure	Evaluation and Grading

Importance of HRD :
Here, we will discuss the importance of Human Resource Development as follows.

• It is a systematic approach designed for the organization’s members to provide them with opportunities to learn the skills as per the requirements.
• HRD covers all the aspects mentioned in the above diagram. HRD is important for the growth of an organization, for the development of culture, developing potentials, and in the growth of employees.

Methodologies :
HRD enhances employee’s capabilities through the following methodologies as follows.

1. Training – 
   In this, training modules will be provided either it will be in online mode or in offline mode.
   
2. Feedback – 
   In this, you will see how HRD team will collect feedback on the basis of work performance, training, etc.
   
3. Internal Mobility – 
   To improve the work performance efficiency using internal factors.
   
4. Performance Management – 
   In this, performance will be managed and will be monitored for future decision-making.

Features :

• It is a planned learning process.
• In the Long-Term, HRD is very useful for achieving the planned goal.
• It is very helpful for goal-oriented planning effectively.
• HRD helps in the Development of team spirits
• It plays an important role in Personal Growth
• Integrated use of sub-systems.
• Focus on human resources effectively.

Advantages:

• It helps in the growth of an organization.
• It improves the efficiency of employees.
• It promotes the increment in the efficiency of communication and mutual co-operation of the employees.
• It leads to the self-development process which increases the talent of the employees.
• It helps in the growth of the employees.

Disadvantages:

• It is expensive to operate.
• It can be a financial drain on resources.