Human Resource Development Concepts and Best Practice. A Critical Aspect for 21st Century Organization

Abstract

 

Human resource development practices are important for organization success. Effective formulation and implementation of human resource development practices are known to enhance employment relationship where employees feel valued by the employer and hence willing to support organizations goal achievements. These practices are important in that they not only act as motivational factors but also support in building employees capacity by equipping them with necessary skills, knowledge and competencies that are critical for improving their performance. The extent to which an organization develops and implement human resource development practices can greatly support the achievement of organizational objectives, goals, mission and vision. It is an important topic of present time. It is considered by management professionals as sub discipline of HRM, but many researchers have broadened the scope and practice of the concept of HRD by looking it from socioeconomic angle and giving it other dimensions such as physical, intellectual, psychological, social, political, moral and spiritual development. Universal and contingency approaches have also been taken into consideration. Thus HRD has now become multidimensional rather than being simply confined within the limits of training and development and this multidimensional HRD is critical for 21st century organizations.

Keywords: Human Resource Development, Best Practice, Human Resource Management, Management Professionals and Training and Development.