Full Form of HRD

Full Form of HRD

The Full Form of HRD is Human Resource Development. HRD is a series of planned processes that aim towards the enhancement of knowledge, skill, personal development, well being, and lifelong learning & training of the workforce or human resources at an individual, organizational, regional, and national level for creating effectiveness & better workplace environment for the organization & employees.

Features

  • HRD is a continuous & ongoing process. From the employee’s joining to the retirement of the employee from the organization, Human Resource Development continuously provides the education & training for developing all types of skills of employees.
  • HRD is a systematic process that is carefully planned for the overall development of an organization’s workforce. HRD applies to all types of industries like the manufacturing industry, service industry, etc.
  • HRD does not only focus on one behavior or onset of the skill of an employee. It focuses on the employee’s all-around development by focusing on its behaviors, mechanical skills, communication skill & managerial skills, etc.
  • HRD involves different training and education types as per the requirement, i.e., counseling, career development, training, performance appraisals, etc.

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Objectives

  • Human Resource Development’s main objective is to provide the necessary training & education to the workforce to increase the workforce’s effectiveness & helps the management & organization reach their goals, visions & missions planned.
  • The continuous development & training of the employees develop the employee’s professionalism and increase the work or field area cover by an employee, which increases the employee’s adaptability with the dynamic changes made within the organization.
  • Human Resource Management ensures that the organization’s cultural behavior is favorable to the other new joining employees or for the employees that may join the future, i.e., ensuring there is no kind of discrimination within the workforce of the organization. There is equality behavior between the employees, etc.

Types

There are many different Human Resource Development programs; some of them are explained below:

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  • Job Training – In this HRD program, the hired employee is given the required knowledge & skill to perform the task for which he is appointed.
  • Job Shadowing – In this HRD program, the employee observes the other experienced & knowledgeable employee working & performing. The hired employee learns the functions & necessary skills to perform the task.
  • Seminars & Training -The organization arranges different seminars & training for specific job profiles for enhancing the knowledge of the employee working in the same field. In other programs, organizations provide different courses for the employees and provide the certificate after their completion.

Functions

The functions of HRD are as follows-

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  • HRD works towards the Training & educational development of employees of the organization.
  • HRD provides performance appraisal to employees for appraising them for their good works.
  • HRD creates succession planning for the post or work duty by educating the employees and making them competent enough to manage more responsibilities.
  • HRD ease the importance of the involvement of employees in the management of the organization.

Purpose

All of the organizations hire their employees who have basic knowledge of the work that has been provided to them. Through the passing of time or say experience, the employee learns the requirements & the processes that need to be followed for the work. Human Resource Development takes the responsibility of educating the employees & providing them the important learnings & training necessary for the workforce, for creating effectiveness in the organization’s work management.

Importance

  • Human Resource Development provides necessary training & education to employees, which increases their competency for the provided profile & also enhances their skills to take on more responsibility provided by the organization.
  • HRD exploits the employee’s hidden potential for their benefit and an organization’s benefit by increasing the rate of development of the organization.
  • HRD provides the organization’s cultural benefit by creating superior relationship management between a senior & junior, enhancing teamwork between different business units, which increases transparency & smooth processing within the entity.

Difference Between HRD and HRM

  • Both Human Resource Development (HRD) & Human Resource Management (HRM) plays a vital role in the development & management of employees & organization. But both are quite different terms:
  • HRD processes focus on the development in knowledge, skills, and behavior of an employee, whereas the HRM focuses on the Recruitment, Reward & Retirement of an employee.
  • HRM department is an individual department that has its functionality & objectives irrespective of the other business unit departments. Whereas, Human Resource Development is a cooperative & interconnected structure that performs its function by interrelating the different units of the organization.
  • HRM utilizes the function of providing the monetary benefits, schemes, or rewards and recruiting employees & laborers, whereas HRD utilizes the features of education, training, personal development, etc. to develop employees and organizations.

Benefits

  • Through Human Resource Development, an organization can create an elite workforce that manages the operations & helps the organization to achieve its goals.
  • Human Resource Development programs help maintain the favorable culture within the organization that also helps keep motivation levels within the employees high.
  • A well planned & managed Human Resource Development program helps the entity acquire or attract the top talents in the required area. And regular training and education enable their employees & workforce to take on other hard work or more responsibilities that help the succession management decisions.

Conclusion

Human Resource Development believes in Human Potential & its development and focuses on the optimum utilization of an organization’s human resources. The performance of an enterprise depends upon the efficiency & effectiveness of its working staff and management. HRD focuses on developing employees’ personal skills and creating a culture of continuous improvement within the workforce, thus enabling the greater efficiency and effectiveness of the workforce. HRD provides an opportunity for the employees to create succession and career growth planning through their continuous growth & improvement.

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This has been a guide to the Full Form of HRD and its definition. Here we discuss features, objectives, types of Human Resource Development along with its functions and benefits. You may refer to the following articles to learn more about finance –