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Importance or benefits of the human resource development:
1. People are major assets and that an organization can make full utilization of the individual potential by providing a development environment and opportunities by encouraging and rewarding and creativity.
2. Such people who are unable to contribute to the organization fully due to reasons beyond their control can also give their best if they taken care of and proper environment and conditions are provided.
3. Competency can be developed in the people at any point and organizations must encourage competency enhancement.
4. Human resource development provides higher quality of work life through opportunities must encourage meaningful career, job satisfaction and professional development.
5. Human resource development philosophy emphasizes human well being and organizations growth.
6. Human resource development policies are relationship centred and the extent of relationship under human resource development is lifelong and not merely for 8 hours a day.
7. If an employee perceives a nurturing environment, automatically there would be a positive response to match individual aspirations with organization's needs.
8. Human resource development processes have to be planned and continuous in order to be effective.
Trust them with knee-jerk reactions," said Vikram Koshy, CEO, Delta Software India, as he looked at the quarterly report of Top Line Securities, a well-known equity research firm.
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