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Significance of Human Resource Development (HRD)

Human resource development (HRD) is an important factor for growth and economic development. It can arise at both the nationwide level and the firm-wide level. 

The need and importance of human resource development can be measured from the following points:

Growth of organization:

Growth of organization is linked with the development of its workforce. In changing situation HRD must be the total system interrelated and interacting with other systems at work: production, finance, and marketing.

Development of work culture:

The necessity of HRD is felt as it improves the efficiency of employees, checks monotony at work, better communication, development of cooperation and creativity of all the members comes into limelight.

Developing potentialities:

The focus of HRD manager essentially is on enabling people to self-actualize through a systematic approach by which their existing talents are further developed.

Growth of employees:

HRD is linked with growth of employees. It aids employees to know their strengths and weaknesses and enable them to improve their performance. The management should provide adequate opportunity for the development of human resource management for the development of their talents so that their development will benefits the organizational growth.

Country Develops if The Human Resource is Developed: 

To improve economic development the state constructs roads, buildings bridges, dams, power houses, hospitals, etc. to run these unit’s doctors, scientist, teachers, engineers, are required. So if the state invests in a human resource it pays dividend in response. 

Entrepreneurship Increase: 

Education, good health, clean environment, investment on the human resource, will all have its positive effects. Job opportunities would be created in the country. And even business environment will flourish in the country which creates many job opportunities.

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