Human Resources And Human Resource Development Essay

Human resource development is a broadly used term that refers to the helping employees develop their personal and organizational skills, knowledge, and abilities (The Balance. N.p.). The term has different connotations as it may refer to development of human capacities with the aim raising profit in business but also, especially in developing countries, with the aim of achieving personal and societal advancement (Cengage Learning, 2016.). Human resource development can be used by both public organizations, such as governments, and private corporations (Cengage Learning, 2016.). 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 (The Balance. N.p.). Also, it is the framework for the expansion of human capital within an organization through the development of both the organization and the individual to achieve performance improvement (Boundless Business, 26 May 2016.). Human capital is sometimes used synonymously with human resources, although human capital typically refers to a more narrow view (Boundless Business, 26 May 2016.). Human capital is the stock of competencies, knowledge, and social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value (Boundless Business, 26 May 2016.). It is an aggregate economic view of the human being acting withinShow MoreRelatedHuman Resource Management : Human Resources Development1748 Words   |  7 PagesHuman resource management entails managing recruitment, planning, and implementing a selection of organizational development training within the business. The goals that the HRM has is maximizing the productivity of the workplace by improving the effectiveness of their employees while at one time improving and treating the work life of employees as valuable resources. Human resources development: To encompasses the efforts to promote personal development, the company’s employee satisfaction, andRead MoreHuman Resource Development2731 Words   |  11 Pages1. Introduction of Study: Human Resource Development (HRD) at micro level or organizational level is a process by which employees of an organization are helped in systematic and continuous way to: Develop their personal and organizational skills, knowledge and abilities. Human Resource Development includes such opportunities as employees training, employee career development, performance management and development, coaching, succession planning, key employee identification, tuition assistanceRead MoreThe Relationship Between Human Resource Management and Human Resource Development976 Words   |  4 Pagesthe Relationship Between Human Resource Management and Human Resource Development Diana Williams National American University Understanding the Relationship Between Human Resource Management and Human Resource Development Human resource management (HRM) is the umbrella under which all other human resource activities are found. 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Since China got independence in 1949 till late 1970’s, they followed a highly centralized economic planning system, unlike theRead MoreHuman Resource Planning And Development1444 Words   |  6 PagesHuman resource is an important aspect in every organizatio n and none can exist without it. Therefore, the human resource department is charged with the role of hiring, training and development as well as payroll management among other staff related activities. The human resource objectives must be aligned with the overall organization’s objectives in order to avoid conflict of interests. Consequently, it is important to develop a strategic plan which encompasses the various factors that are involvedRead MoreHuman Resource Management ( Hrm ) And Human Resources Development Essay882 Words   |  4 PagesLeadership in Human Resource Management (HRM) and Human Resource Development (HRD) have strong associations to people based initiatives within an organization. Employee actions and behaviors are inï ¬â€šuenced by HRM practices such as stafï ¬ ng, evaluation of employees, and incentives or rewards, and HRD practices such as training and career development. HRM is tasked with making the best possible use of the organizations human  resources, while HRD is an extension of HRM that focuses on the development of theRead MoreDevelopment Of Human Resource Management Essay1657 Words   |  7 PagesReview â€Å"Thirty-two years of development of human resource management in China: Review and prospects† (Shuming Zhao, Juan Du, 2012) is a journal paper that concentrating on the hypothetical advancements and practical applications of HRM, it first audits the move of HRM in China from planned labor force allocation to current HR management in three particular eras since China s reformation and opening-up. After, it analyzes and discusses the difficulties of human resource management research and itsRead MoreHuman Resource Planning and Development3902 Words   |  16 PagesHuman Resource Planning and Development Md. Helal Uddin Business Administration Discipline Khulna University 2010 Md. Helal Uddin, Business Administration Discipline, Khulna University. helal_bba_ku@yahoo.com. Introduction Human resources are inimitable, appropriable, valuable and scarce, and nonsubstitutable asset which can create competitive advantages. People and their skills are the one thing that competitor organizations cannot imitate. So, human resource management is firmly embedded