HRD plays a vital role in enhancing people's entrepreneurial skills by developing competent and qualified human resources. While human resources are difficult to measure in value compared to physical and financial assets due to a lack of standard tools, they are just as important as other resources because people are what make organizations function. The emergence of HRD aims to manage and develop human resources to maximize their contribution to organizational success.
HRD plays a vital role in enhancing people's entrepreneurial skills by developing competent and qualified human resources. While human resources are difficult to measure in value compared to physical and financial assets due to a lack of standard tools, they are just as important as other resources because people are what make organizations function. The emergence of HRD aims to manage and develop human resources to maximize their contribution to organizational success.
HRD plays a vital role in enhancing people's entrepreneurial skills by developing competent and qualified human resources. While human resources are difficult to measure in value compared to physical and financial assets due to a lack of standard tools, they are just as important as other resources because people are what make organizations function. The emergence of HRD aims to manage and develop human resources to maximize their contribution to organizational success.
HRD plays a vital role in enhancing people's entrepreneurial skills by developing competent and qualified human resources. While human resources are difficult to measure in value compared to physical and financial assets due to a lack of standard tools, they are just as important as other resources because people are what make organizations function. The emergence of HRD aims to manage and develop human resources to maximize their contribution to organizational success.
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
You are on page 1of 1
Concept of HRD :
The active resource of an organization is human resource. Other
resources remain inactive unless there are competent people to utilize the available resources for the production of goods and services. Human brain has a limitless energy to think and act in a productive way. Hence, competent and qualified human resource is a key factor of organizational success. In this regard, the emergence of human resource development (HRD) plays a vital role in enhancing the entrepreneurial skill of people.
It is hard to measure the value of human resources due to a lack
of standard measuring tools, such as those used for quantifying physical and financial resources. Human resources are just as important as physical and financial resources, but with no standard method of quantifying their contribution to the organization they are often overlooked in the summation of the value of an organization. Reardless of whether one can quantify human resources or not, there is no debating that people make organizations function, some better than others. Managing and developing these resources led to the creation of HR and its evolution to HRD.