HRM and HRD

 What's the difference between HRD and HRM?

·         HRM focuses on administrative aspects while HRD focuses on learning and improving performance.The goal of HRM aims at improving employees, while HRD aims at the benefit of the entire organization.HRM is for the HR department, but HRD is for managers.·  HRM relies on financial motivation, but HRD motivates by appreciation and development.

Types of training :1.     Induction Training: the essential introduction given by the supervisor to ease the transition of new employees.2.Job Training: typically given by a senior employee about the specifics of a certain job.3.     Training for Promotion: targets existing employees to prepare them for higher roles.4.     Refresher Training: short seminars to help employees update their knowledge in their fields.

 

 

Conclusion

 

A healthy organization recognizes the importance of human resource development. Although HRD plans aim at the enhancement of individual employees, they affect the overall development of the organization.

For efficient human resource development, you should consider seven main elements. These include job evaluation, compensations and benefits, succession planning, and employer branding. In today's competitive job market, you should incorporate HRD to hire and retain the best employees that'll help raise your company's overall performance.

 

 

 

References

 

https://www.oxfordreference.com/display/10.1093/oi/authority.20110803095950263#:~:text=(HRD),achieving%20the%20overall%20business%20objectives .

 

Adnan, Z., Abdullah,HS & Ahamed , J.(2011) ,Direct influence of human resource management practices on financial performance in Malaysian R & D companies”.

World Review of Business Research.

 

 

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