LECTURE NOTES

ACHARYA INSTITUTE OF GRADUATE STUDIES SOLADEVANHALLI, BANGALORE-560090 DEPARTMENT OF COMMERCE AND MANAGEMENT SUBJECT: HUMAN RESOURCE DEVELOPMENT CHAPTER NUMBER-I CHAPTER NAME: - INTRODUCTION PREPARED BY: MR.SHAIKH JUNED SAOUD
Meaning:Human Resource Development (HRD) is the framework for helping employees develops their personal and organizational skills, knowledge, and creative abilities. Human Resource Development includes such opportunities as employee training, employee career development, performance management and development, coaching, mentoring, succession planning , key employee identification and organization development. Definition:Daftur defines HRD as a is a system and process concerned with organized series of learning activities within a specified time limits, designed to produce behavioral changes in the learner in such a way that it acquires desired level of competence for present or future role Importance of HRD:Human resource development (HRD) is an essential component for growth and economic development. It can occur at both the nationwide level and the firm-wide level. The enhancement of HRD of a country is dependent on the government and national policies, while at the firm or micro level HRD can happen through training and efficient utilization of resources. Resources are efficiently utilized to support HRD when the maximum benefit is created at the lowest possible cost. 1. Economic Development: - As the human resources of a country develop, the country progresses and the benefits spread all over the country. Better skilled and well-trained human resources attract a larger foreign direct investment into the country and improve the brand image of the country internationally. HRD for an economy is dependent on the economic policy of the government and the effort by the institutions in the economy to actively participate in the development process.

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Increase in Entrepreneurial Activity: - Human resource development may occur as a result of better education, training or development of vocational skills for individuals. This activity results in an increase in entrepreneurial activity due to the creative process that is encouraged by HRD. Moreover, even in an economy faced by high levels of unemployment, vocational training can generate substantial number of entrepreneurs who look for selfemployment. Thus, HRD opens more options and wider avenues of success for individuals.

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Increase in Productivity: - HRD leads to better and efficient utilization of the available resources. The same numbers of individuals are able to improve their performance through training or learning of more productive skills. This leads to an increase in productivity in the same company at the firm-wide level and to an increase in the overall value of goods produced at the country-wide level. An increase in productivity of employees generates high economic progress for the country.

BY: SHAIKH JUNED SAOUD

EMAIL: juned@acharya.ac.in

LECTURE NOTES
4. Counteracting Social Taboos: - HRD can lead to a change in social perception of many people and can result in the development of the society. Better educated and skilled workers can think and act more constructively and result in a change of the social environment. Improved education leads to self-awareness and prevents individuals from embracing superstitions.

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Human Rights: - A better trained and educated workforce is well aware of its rights and is better able to protect against human rights violations. Workplace environments improve and workers rights are acknowledged with HRD.

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Profitability: - At the firm-wide level, HRD leads to increased productivity and better client service. This leads to increased revenues at reduced costs for the company. Most companies today are focused on hiring a well-trained and competitive workforce in order to develop a unique selling point and enhance their profitability.

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Demographic Effect: - HRD results in more households with two working parents. This provides enhanced income for the household and at the same time reduces the time available to parents for raising kids. As a result, a better educated workforce results in a smaller increase in the population of the country. For countries like India, HRD can help prevent the population from increasing beyond control. Objectives of HRD 1. 2. 3. 4. 5. 6. 7. 8. 9. To provide a comprehensive framework and methods for development of human resource in the organization. To generate systematic information about human resource for the purpose of man power planning, placement, succession planning and the like. To increase the capabilities of the organization to recruit, retain and motivate talented employees. To create a climate that every employee to discover, develop and use his/her capabilities to a fuller extend, in order to further both individual and organizational goals. Strengthen the superior-subordinate relationship. Develop the of team spirit, team work and inter-team collaboration. To prepare the employee to meet the present and changing future job requirements. To impart the new entrants with basic HRD skills and knowledge. To enhance organizational capabilities.

BY: SHAIKH JUNED SAOUD

EMAIL: juned@acharya.ac.in