Importance Of Human Resource Development In An Organization

Organizations are established to achieve certain goals and objectives. In order to achieve the desired goals, all organization use resources (both human and non-human resources). Among all resource, human resource is the most important and valuable one. This is because human resource creates ideas, accumulates capital, makes important decisions, and transforms the desired inputs into the final output (Bat and Valcour, 2003). To survive and succeed in these days dynamic environment, organizations are expected to build up and nurture the competence of their work force and empower them to carry out their task effectively and efficiently. The actual experiences and findings of numerous researches show that the difference between high performing (successful) and low performing (struggling to survive) organizations lies in quality of their human resource. Therefore, in order to be productive and competitive, all managers (in public or private or other sectors) have to develop some appropriate Human Resource Development (HRD) strategies to manage their work force in an organized manner and

According to Michael (1995), “HRD is the process of developing the human resource working in an organization by modernizing their knowledge and upgrading their skills, attitudes and perceptions in order to meet out the changing trends of the globalised and also to utilize those developments for the attainment of the organizational goals”. It involves the processes through which the employees of an organization are prepared to give their best for organizational goals and involve optimal effectiveness in their jobs. It also involves setting up of a system through which the employee capabilities and potentials can be tapped to the mutual satisfaction of the individuals and the organization (Jain et al: