Significance of Human Resource Development (HRD)
Human resource is needed to be developed as per the change in the external environment of the organization, hence, HRD helps to adopt such changes through the development of existing human resource in terms of skill and knowledge.
The purpose of HR development is to provide the ‘coaching’ needed to strengthen and grow the knowledge, skills, and abilities that an employee already has. The goal of development and training is to make employees even better at what they do.
The importance or significance of HRD can be explained as follows:
- HRD expands capable HR
HRD develops the skills and knowledge of individual; hence, it helps to provide competent and efficient HR as per the job requirement. To develop employment’s skill and competencies, different training and development programs are launched.
- HRD builds prospect for Career Development
HRD helps to grasp the career development opportunities through the development of human skills and knowledge. Career development consists of personal development efforts through a proper match between training and development opportunities with employee’s need.
- Employ Promise
Trained and efficient employees are committed towards their jobs which is possible through HRD. If employees are provided with proper training and development opportunities, they will feel committed to the work and the organization.
- Job Fulfillment
When people in the organization are well oriented and developed, they show a higher degree of commitment in an actual workplace. This inspires them for better performance, which ultimately leads to job satisfaction.
- Transform Management
HRD facilitates planning and management of change in an organization. It also manages conflicts through improved labor management relation. It develops organizational health, culture, and environment which lead to change management.
- Opportunities for Training and Development
Training and development programs are tools of HRD. They provide an opportunity for employee’s development by matching training needs with the organizational requirement. Moreover, HRD facilitates integrated growth of employees through training and development activities.
- Performance development
HRD develops necessary skills and abilities required to perform organizational activities. As a result of which, employees can contribute to better performance in an organization. This leads to greater organizational effectiveness.