StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Human Resource Development as the Expansion of Human Capital in an Organization - Essay Example

Cite this document
Summary
As a theory, Human Resources development is a framework which deals with the expansion of human capital in an organization. It does this through the development of individuals and the organization in order to achieve an improvement in performance…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Human Resource Development as the Expansion of Human Capital in an Organization
Read Text Preview

Extract of sample "Human Resource Development as the Expansion of Human Capital in an Organization"

Human Resources Development As a theory, Human Resources development is a framework which deals with the expansion of human capital in an organization. It does this through the development of individuals and the organization in order to achieve an improvement in performance. Human Resources development can also be explained as the assimilated use of career development, training and organization in order to improve organization, group and individual effectiveness. Human Resources development is important in an organization.

This is because it helps to develop the knowledge and skills of employees. Therefore, this helps to provide competence and effectiveness in Human resources. An organization should start development programs and training in order to develop skills and competences in its employees. Human resources development also brings about employee commitment. For employees to be committed to their jobs, they need to be well trained and efficient. This can only be achieved through Human Resources development.

Development opportunities and proper training help employees to feel committed to the organization. Human Resources Development also brings about job satisfaction. If well developed and oriented, employees tend to portray a higher degree of commitment. Development and orientation help to inspire employees for a better performance. In the long run, this brings about job satisfaction. Development of human knowledge through Human Resources development helps the employees to get career development opportunities.

Career development involves personal development efforts. This can be achieved by matching development opportunities and training with the employee’s desires. According to Elevator speech 1 by Dimitri Taylor, Human Resources development improves a company’s with its knowledge about how human capital affects organizational success. Human Resources development equips managers with information on how they can improve the success of the organization through employees. Human Resources Development also ensures that there are safety measures in an organization.

It does this by ensuring that the organization follows the U.S Occupational safety and Health Administration regulations. Safety in the work environment may be achieved through maintenance of accurate records and work logs. Human Resources Development also ensures safety in an organization through the development of programs, which reduce the number of workplace injuries. Maintenance of safety in an organization is important because it ensures efficiency in the organization’s operations. Human Resources Development can also be involved in the hiring process.

HRD professionals work hand in hand with hiring managers so as to help them in making good hiring decisions. The professionals guide managers who are not familiar with the hiring process. This ensures that allocation of jobs and offers is only to suitable candidates with the required skills. Human Resources Development is also important because it improves the performance of employees. It does this by equipping employees with the abilities and skills needed in order to accomplish the organization’s objectives.

As a result, the organization gains greater effectiveness through better employee performance (Mankin).References

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Human Resource Development as the Expansion of Human Capital in an Org Essay - 10”, n.d.)
Human Resource Development as the Expansion of Human Capital in an Org Essay - 10. Retrieved from https://studentshare.org/human-resources/1625731-writer-choice
(Human Resource Development As the Expansion of Human Capital in an Org Essay - 10)
Human Resource Development As the Expansion of Human Capital in an Org Essay - 10. https://studentshare.org/human-resources/1625731-writer-choice.
“Human Resource Development As the Expansion of Human Capital in an Org Essay - 10”, n.d. https://studentshare.org/human-resources/1625731-writer-choice.
  • Cited: 0 times

CHECK THESE SAMPLES OF Human Resource Development as the Expansion of Human Capital in an Organization

Managing Expansion Change in Business in Mortloch Hotel

This paper evaluates the impact of the acquisition process and how human resource management should facilitate it.... Secondly, PDR Hotel & Resorts will have to develop mechanisms to improve service delivery, among them deploying qualified personnel in the various departments who will embrace excellent human resource management skills.... Marchington and Wilkinson (2005) identified effective human resource management such as employee participation as the best way to resuscitate a collapsing organization....
10 Pages (2500 words) Case Study

Human Resource Learning and Development

The essay "human resource Learning and Development" discusses the issues of the human learning experience in developing a social personality.... nbsp;Socio-Psychology depicts human beings as social animals, seeking and learning from experience, through observation, cognition, and reflective processing of mankind.... hellip; In theory, it enhances human thinking and inculcates the notion that we, as social animals, adapt to changes in society and learn as it evolves....
6 Pages (1500 words) Essay

HR Planning and Development Problems at Travelodge Hotels

This is not a healthy sign and can deteriorate with competition geared up to do better.... It is only exceptional service that can encourage customer flow and retention. 1 There is no… They consider that as they are a budget hotel their concentration should be on providing low cost accommodation and hence need to provide adequate facility with usual cleaning services. 2 Catering is a secondary activity as they do Therefore there are no catering facilities hence no staff to man such services except for breakfast....
10 Pages (2500 words) Essay

HRM in Economic Recession Period

ost organizations result to more efficient utilization of the available human capital especially in states in which large payoffs are required in cases of lay offs .... Human resource planning is the process in which the organization determines and lays strategies to acquire, and maintain the right quantities of human resource pool, in the right ratios of skills ,character and knowledge to fit the organization demands at current and in the future .... enerally during recession most firms engage in short term human resource planning due to the uncertainties associated with recession ,a good example is the General motors company (Storey, 1999, p....
6 Pages (1500 words) Essay

The Inclusion of HR in Organizational Planning

Firstly, HR management helps to secure the best resources for an organization.... To start with, HR policies can easily achieve coordination flexibility where it is possible to make effective use of available resources by making necessary reallocation to keep up with the changing needs hence making it easy for an organization to attain desired objectives even in a changing environment.... In addition, HR policies can help an organization to attain resource flexibility, which is essential for company success in the market particularly if product or service differentiation is the strategy of choice to compete in the market....
5 Pages (1250 words) Essay

Global Mindset Management

One of the prime advantages arising out of globalized business environment is the transmission of technology, human capital and other resources so as to make markets more and more competitive.... Although managing global human capital is a huge challenge, it has facilitated distribution of talent and skill effectively.... Emphasis has also been put upon identifying the importance of international human resource management policies in developing such global skills....
8 Pages (2000 words) Essay

Managing Expansion Change in Business a Business Organization

"Managing Expansion Change in Business a Business Organization" paper evaluates the impact of the acquisition process and how human resource management should facilitate it.... Secondly, PDR Hotel & Resorts will have to develop mechanisms to improve service delivery, among them deploying qualified personnel in the various departments who will embrace excellent human resource management skills.... Thirdly, the group will have to focus on the customers' complaints and provide solutions since customers are the cornerstone of the success of any business organization....
9 Pages (2250 words) Coursework

Human Capital Management

… The paper "human capital Management" is an outstanding example of an essay on human resources.... The paper "human capital Management" is an outstanding example of an essay on human resources.... This essay explores these talent strategies whose collective use is referred to as human capital management (HCM).... The paper states that as businesses pursue stronger competitive advantages by increasingly hiring knowledge workers, it is incumbent on human resource management (HRM) practitioners to more strategically fulfill this goal....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us