Human Resource Development (HRD)

Human Resource Development (HRD)

• HRD is a framework for helping employees develop their personal and organizational skills, knowledge, and abilities.
• It includes opportunities such as employee training, career development, performance management, coaching, mentoring, succession planning, and organization development.
• The focus of HRD is on developing a superior workforce to achieve organizational and individual work goals in service to customers.

HRD Focus on Potential

• Potential refers to capabilities that are possible, but not yet actualized.
• It is a latent excellence or ability that may or may not be developed.
• HRD believes that every person has potential arising from their strengths, and that potentials are of different types in different people, suiting different roles and situations.

Human Resource Management (HRM)

• HRM is the function within an organization that focuses on recruitment, management, and direction of employees.
• HRM can also be performed by line managers.
• It deals with issues related to people, such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.

HRM Focus on Productivity

• Productivity refers to the quality, state, or fact of being able to generate, create, enhance, or bring forth goods and services.
• HRM's main focus is on improving productivity, quality of work life, and responding to internal and external environments.

HRM vs. HRD

• HRM views employees as costs, whereas HRD views employees as assets.
• HRM aims to minimize costs, while HRD aims to develop and empower employees to improve morale, motivation, and competitiveness.

Role of HRD

• Planning, staffing, appraising, and compensating employees.
• Training and development of employees.
• Employee relations and organizational environment management.
• Fostering participation of employees in organizational strategic intent.