Theories and Philosophies of Human Resources Development

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In this course, I learned a great deal about Human Resources Development (HRD). I now have a better understanding on the history of human resources development, the different theories and philosophies of HRD, and skills pertaining to analyzing an organization’s human assets and the processes related to human capital development. Human assets are the skills and abilities that employees and other members of an organization add to the organization as a whole. Some human assets are exceptionally valuable. For instance, employees who receive additional education and training in order to improve their repertoire of skills, which can then be contributed to the organization, are strong human assets. Such assets greatly enhance the potential for the organization to function on a proficient level and to advance economically. Human capital development, then, is the progress of employees’ skills and assets that can be contributed to the organization. In order to better develop an organization’s human capital or, in other words, the value of the employees an organization has, it is important for organizations to offer training, specializations, and advancement opportunities to employees. The more valuable the body of employees within an organization, the more profitable an organization can hope to be. It is the responsibility of the human resources department to maximize the potential for human assets and human capital development. Before effective development of human resources can begin, a thorough understanding of the organization must be obtained. I found Brache’s Enterprise Model to be an excellent tool in understanding the construct of an organization and how each component interacts with each other (Swanson & Holton, 2009, p.... ... middle of paper ... ...ources departments must then convey correct assertions to counteract unproductive and harmful beliefs, all while working to provide adequate training geared towards improving an organization’s human capital development. This course provided a very through look at the foundations of Human Resources Development. The knowledge I received greatly enhanced my understanding of the construct of organizations and the developing of human resources capital within an organization. I now feel I can better diagnose the overall health of an organization as well as develop better training. I look forward to applying this practice to help achieve optimal efficiency and effectiveness within organizations I am involved. Works Cited Swanson, R. A., & Holton, E. F. III. (2009). Foundations of human resource development. (2nd ed.). San Francisco, CA: Barrett-Koehler Publishers.

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