Podcast
Questions and Answers
What is the primary focus of Human Resource Development?
What is the primary focus of Human Resource Development?
What does 'Potential' mean in the context of Human Resource Development?
What does 'Potential' mean in the context of Human Resource Development?
What is the main function of Human Resource Management?
What is the main function of Human Resource Management?
What does 'Productivity' mean in the context of Human Resource Management?
What does 'Productivity' mean in the context of Human Resource Management?
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What is the ultimate goal of Human Resource Management?
What is the ultimate goal of Human Resource Management?
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What influences Human Resource Management?
What influences Human Resource Management?
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How does Human Resource Management view employees?
How does Human Resource Management view employees?
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What is the focus of Human Resource Development and Human Resource Management?
What is the focus of Human Resource Development and Human Resource Management?
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What is the primary challenge for a HRM manager?
What is the primary challenge for a HRM manager?
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What is the main purpose of HRD?
What is the main purpose of HRD?
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What is a key difference between HRM and HRD?
What is a key difference between HRM and HRD?
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What is one of the roles of HRD?
What is one of the roles of HRD?
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What is a goal of HRD in terms of employee participation?
What is a goal of HRD in terms of employee participation?
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Study Notes
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.
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Description
HRD is a framework for developing employees' skills, knowledge, and abilities. It includes training, career development, and performance management to achieve organizational and individual work goals.