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Answer) Human Resource Development (HRD) is the framework for helping employees
develop their personal and organizational skills, knowledge, and abilities. Human Resource
Development includes such opportunities as employee training, employee career
development, performance management and development, coaching, mentoring, succession
planning, key employee identification, tuition assistance, and organization development. The
focus of all aspects of Human Resource Development is on developing the most superior
workforce so that the organization and individual employees can accomplish their work goals
in service to customers.
Functions of HRM:
6. Managerial relations
7. Labour relations
Question 3.
What Is Human Resource Planning (HRP)?
Human resource planning (HRP) is the continuous process of systematic planning
ahead to achieve optimum use of an organization's most valuable asset—quality
employees. Human resources planning ,ensures the best fit between employees
and jobs while avoiding manpower shortages or surpluses.
There are four key steps to the HRP process. They include analyzing present labour
supply, forecasting labour demand, balancing projected labour demand with supply,
and supporting organizational goals. HRP is an important investment for any
business as it allows companies to remain both productive and profitable .