How Effective Human Resource Development Can Strengthen Your Organization
Every organization wants to strengthen its workforce, but too often this involves looking outside the business and bringing in new people. While recruiting outside talent is important, oftentimes the best way to improve your workforce is to look within and develop existing talent.
Human resource development (HRD) can provide your organization with a number of strategies for furthering the skills, knowledge, and abilities of your employees. This not only leads to a more effective workforce, but it also prepares team members for more senior roles within the organization.
An effective HRD program can also be used as a recruitment tool to help attract and retain talented employees, making it an important strategy for any business.
What is Human Resource Development?
Human resource development encompasses a wide range of employee improvement opportunities. It includes career coaching, mentoring, performance management, succession planning, and leadership development training.
In its simplest form, HRD involves managers and senior staff mentoring more junior team members. However, leading organizations often take a more proactive approach by hiring consultants or professional career coaches to provide guidance to employees.
Why You Should be Practicing Human Resource Development?
Good human resource development management is extremely beneficial to organizations of all sizes. By Implementing sound HRD principles, you’ll see immediate improvements in the following areas:
Attract Better Talent
When skilled individuals are considering employers, they look for companies that provide opportunities for advancement. As a result, a good HRD program will help you recruit higher quality team members.
More Knowledgeable Employees
By developing your existing staff, you’ll expand their knowledge base and skills, allowing them to take on new tasks within the company. This allows you to grow your business more quickly.
Ability to Promote from Within
HRD doesn’t just provide employees with the resources to perform their current job better, it also prepares them for advancement. This allows you to have a talent pipeline that you can consistently draw from.
Better Employee Retention
Onboarding new employees takes upwards of six months, which represents a significant cost and time investment. By providing opportunities for advancement, you’ll retain more staff and reduce employee training costs.
Offering your employees opportunities for advancement shows them you care about your team and want them to succeed. This helps improve morale and also provides motivation for employees to work harder.
Human Resource Development Services Offered by inclineHR
The team at inclineHR is passionate about helping organizations improve their human resource development strategies. If you’re an organization that’s looking to reach new heights, we’d love to speak to you to see how our expertise can benefit your business.
Our human resource development services include:
Contact Us for a Consultation
Would you like to learn more about human resource development and how it can benefit your organization? Our team is happy to provide you with additional information. Please contact us and one of our HR professionals will be in touch with you shortly.