Human Resource Developmen, Exercises of Accounting

Development of human resources is essential for any organization that would like to be dynamic and growth-oriented.

Typology: Exercises

2015/2016

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Human Resource Development
INTRODUCTION
Development of human resources is essential for any organization that would like to be dynamic and
growth-oriented. Unlike other resources, human resources have rather unlimited potential capabilities.
The potential can be used only by creating a climate that can continuously identify, bring to surface,
nurture and use the capabilities of people. Human Resource Development (HRD) system aims at creating
such a climate. A number of HRD techniques have been developed in recent years to perform the above
task based on certain principles. This unit provides an understanding of the concept of HRD system,
related mechanisms and the changing boundaries of HRD.
HRD concept was first introduced by Leonard Nadler in 1969 in a conference in US. “He defined HRD
as those learning experience which are organized, for a specific time, and designed to bring about the
possibility of behavioral change”.
Human Resource Development (HRD) is the framework for helping employees develops their personal
and organizational skills, knowledge, and abilities. Human Resource Development includes such
opportunities as employee training, employee career development, performance management and
development, coaching, mentoring, succession planning, key employee identification, tuition assistance,
and organization development.
The focus of all aspects of Human Resource Development is on developing the most superior workforce
so that the organization and individual employees can accomplish their work goals in service to
customers.
Human Resource Development can be formal such as in classroom training, a college course, or an
organizational planned change effort. Or, Human Resource Development can be informal as in employee
coaching by a manager. Healthy organizations believe in Human Resource
Definitions of HRD:
According to South Pacific Commission ‘human resource development is equipping people with relevant
skills to have a healthy and satisfying life’.
According to Watkins, ‘human resource development is fostering long-term work related learning
capacity at individual, group and organizational level’.
The American Society for Training and Development defines HRD as follows: ‘human resource
development is the process of increasing the capacity of the human resource through develop ment. It is
thus the process of adding value to individuals, teams or an organization as a human system’.
According to Leonard Nadler, "Human resource development is a series of organized activities,
conducted within a specialized time and designed to produce behavioral changes."
In the words of Prof. T.V. Rao, "HRD is a process by which the employees of an organization are helped
in a continuous and planned way to (i) acquire or sharpen capabilities required to perform various
functions associated with their present or expected future roles; (ii) develop their journal capabilities as
individual and discover and exploit their own inner potential for their own and /or organizational
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Human Resource Development

INTRODUCTION

Development of human resources is essential for any organization that would like to be dynamic and growth-oriented. Unlike other resources, human resources have rather unlimited potential capabilities. The potential can be used only by creating a climate that can continuously identify, bring to surface, nurture and use the capabilities of people. Human Resource Development (HRD) system aims at creating such a climate. A number of HRD techniques have been developed in recent years to perform the above task based on certain principles. This unit provides an understanding of the concept of HRD system, related mechanisms and the changing boundaries of HRD.

HRD concept was first introduced by Leonard Nadler in 1969 in a conference in US. “He defined HRD as those learning experience which are organized, for a specific time, and designed to bring about the possibility of behavioral change”.

Human Resource Development (HRD) is the framework for helping employees develops their personal and organizational skills, knowledge, and abilities. Human Resource Development includes such opportunities as employee training, employee career development, performance management and development, coaching, mentoring, succession planning, key employee identification, tuition assistance, and organization development.

The focus of all aspects of Human Resource Development is on developing the most superior workforce so that the organization and individual employees can accomplish their work goals in service to customers.

Human Resource Development can be formal such as in classroom training, a college course, or an organizational planned change effort. Or, Human Resource Development can be informal as in employee coaching by a manager. Healthy organizations believe in Human Resource

Definitions of HRD:

According to South Pacific Commission ‘human resource development is equipping people with relevant skills to have a healthy and satisfying life’.

According to Watkins, ‘human resource development is fostering long-term work related learning capacity at individual, group and organizational level’.

The American Society for Training and Development defines HRD as follows: ‘human resource development is the process of increasing the capacity of the human resource through development. It is thus the process of adding value to individuals, teams or an organization as a human system’.

According to Leonard Nadler, "Human resource development is a series of organized activities, conducted within a specialized time and designed to produce behavioral changes."

In the words of Prof. T.V. Rao, "HRD is a process by which the employees of an organization are helped in a continuous and planned way to (i) acquire or sharpen capabilities required to perform various functions associated with their present or expected future roles; (ii) develop their journal capabilities as individual and discover and exploit their own inner potential for their own and /or organizational

development purposes; (iii) develop an organizational culture in which superior-subordinate relationship, team work and collaboration among sub-units are strong and contribute to the professional wellbeing, motivation and pride of employees.".

According to M.M. Khan, "Human resource development is the across of increasing knowledge, capabilities and positive work attitudes of all people working at all levels in a business undertaking."

Difference between HRD and HRM

Both are very important concepts of management specifically related with human resources of organization. Human resource management and human resource development can be differentiated on the following grounds:

  • The human resource management is mainly maintenance oriented whereas human resource development is development oriented.
  • rganisation structure in case of human resources management is independent whereas human resource development creates a structure, which is inter-dependent and inter-related.
  • Human resource management mainly aims to improve the efficiency of the employees whereas aims at the development of the employees as well as organisation as a whole.
  • Responsibility of human resource development is given to the personnel/human resource management department and specifically to personnel manager whereas responsibility of HRD is given to all managers at various levels of the organisation.
  • HRM motivates the employees by giving them monetary incentives or rewards whereas human resource development stresses on motivating people by satisfying higher-order needs.

Features of HRD:

1. Systematic approach:

HRD is a systematic and planned approach through which the efficiency of employees is improved. The future goals and objectives are set by the entire organization, which are well planned at individual and organizational levels.

2. Continuous process:

HRD is a continuous process for the development of all types of skills of employees such as technical, managerial, behavioral, and conceptual. Till the retirement of an employee sharpening of all these skills is required.

3. Multi-disciplinary subject:

HRD is a Multi-disciplinary subject which draws inputs from behavioral science, engineering, commerce, management, economics, medicine, etc.

4. All-pervasive:

HRD is an essential subject everywhere, be it a manufacturing organization or service sector industry.

5. Techniques:

HRD functions include the following:

  1. Employee training and development,
  2. Career planning and development,
  3. Succession planning,
  4. Performance appraisal,
  5. Employee’s participation in management,
  6. Quality circles,
  7. Organization change and organization development.

Benefits of Human Resource Development

Human resource development now a day is considered as the key to higher productivity, better relations and greater profitability for any organisation. Appropriate HRD provides unlimited benefits to the concerned organisation. Some of the important benefits are being given here:

  • HRD (Human Resource Development) makes people more competent. HRD develops new skill, knowledge and attitude of the people in the concern organisations.
  • With appropriate HRD programme, people become more committed to their jobs. People are assessed on the basis of their performance by having a acceptable performance appraisal system.
  • An environment of trust and respect can be created with the help of human resource development.
  • Acceptability toward change can be created with the help of HRD. Employees found themselves better equipped with problem-solving capabilities.
  • It improves the all-round growth of the employees. HRD also improves team spirit in the organisation. They become more open in their behaviour. Thus, new values can be generated.
  • It also helps to create the efficiency culture In the organisation. It leads to greater organisational effectiveness. Resources are properly utilised and goals are achieved in a better way.
  • It improves the participation of worker in the organisation. This improve the role of worker and workers feel a sense of pride and achievement while performing their jobs.
  • It also helps to collect useful and objective data on employees programmes and policies which further facilitate better human resource planning.
  • Hence, it can be concluded that HRD provides a lot of benefits in every organisation. So, the importance of concept of HRD should be recognised and given a place of eminence, to face the present and future challenges in the organisation