The paper "Importance of Investing in Human Resource Development" is an outstanding example of human resources coursework. One of the most important assets in every organization is its human resource. The organization’ s ability to optimize its performance largely depends on the quality of the human resources and in return, the quality of human resources depends on the training and development of employees because they sharpen the skills and the knowledge of employees (Swart et al. , 2012). Therefore, human resource development (HRD) is the most important role of the human resource department in any organization.
HRD is a framework that enables employees to develop their individual and organizational skills and knowledge that improve their productivity (Swanson & Holton, 2001). The primary goal of HRD is to optimize the productivity of employees and important stakeholders in order to achieve the objectives of an organization (Bates, 2003). The essay, therefore, focuses on the importance of investing in HRD by looking at the trending issues in the HRM and how they impact on the HRD of an organization. Organizations should invest in HRD because they stand to benefit a lot.
One of the main benefits of HRD is the improved performance of an organization. Effective HRD enables employees to develop the necessary knowledge and skills that are needed to perform various activities in an organization (Joy-Matthews, Megginson & Surtees, 2004). Consequently, the productivity of employees will improve, leading to improved performance of an organization. In addition, the organization will be more effective giving it both competitive and comparative advantages among other players in the industry in which it operates (Thite, 2013). Apart from optimizing the performance, HRD also enhances the commitment of employees to an organization.
Employees who are well trained and are more efficient are more committed to their job and they tend to concentrate on one organization (Mohammed et al. , 2013). Trained and efficient workers have higher job satisfaction compared to less trained workers and the former is likely to show higher levels of commitment to both the organization and the work they are doing. The organization’ s more qualified and experienced employees are in constant look for a greener pasture and lucrative organizations that offer better terms of employment. Therefore, it is important for an organization to strive to retain the best performing and competent employees because losing such employees hurt the performance of an organization.
Unlike another resource in an organization, human resources are very dynamic and flexible because they are able to move with their acquired skills and knowledge that are acquired through HRD from one organization to another. Therefore, HRD not only requires the training and enhancing the productivity of employees, but it also incorporates investing in the retaining of employees if an organization wants to fully benefit from its investment in HRD. HRD also benefits employees directly because it enhances their career development.
HRD gives an employee an opportunity to develop his career through the development of the knowledge and skills that are needed in the workplace. An employee, therefore, will be in a better position to meet the required skills and knowledge and he will be able to meet the employer’ s need and the industrial needs. HRD is also important to an employee because it boosts his self-esteem, which is important in enhancing performance.
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