Page 29 - Banking Finance March 2021

ARTICLE

HUMAN

RESOURCE

DEVELOPMENT

(HRD)

H RD encompasses a humanistic concept and each other etc. It believes that investment in employees is

believes that employees who are the pillars of
pivotal and would surely provide substantial benefits to the
any organisation can do wonders provided they
organisation in the future. HRD aims at complete
are involved in the job, entrusted with roles and
development of employees, organisation and to the society.
responsibilities, should be made aware of their strength and development of human resources which would bring the
provided with assistance to overcome their weaknesses. It is pertinent to mention here that while drawing Balance
Employees being part and parcel of any organisation, their Sheets, Organisations show employees on the debit side
needs and aspiration should be aligned with the goals and whereas Human Resource Development treats employees as
mission of the organisation and only then the organisation assets and considers them on credit side.
would be successful in all domains and achieve the desired
results. Under holistic approach, HRD helps the employees of an
organisation to enrich and refine their job knowledge
HRD believes in encouraging individuals for generating related to their present role, develop their capabilities as
individual, be intuitive and unearth their own latent
initiatives and responses by creating a culture comprising of
transparency, mutual trust and belief, coordination amongst potential for their own development as well as for the
organisation and ultimately develop a culture involving team
work, coordination, belongingness and ownership which
About the author would lead to wellbeing, motivation and pride of the
employees.
Subhransu Gupta
Chief Manager, It has been very aptly said By Sir Richard Branson, "Train
Research Officer people well enough so they can leave. Treat them well
SBIHRD, Indore
enough so they don't have to".

BANKING FINANCE | MARCH | 2021 | 29