Out of the several issues covered in the corporate philosophy significant people-related issues are: i. (ii) HRD is a continuous process for the development of technical, managerial, behavioural and conceptual skills and knowledge. From the Song dynasty, the theory of potential or innate goodness of human beings became dominant in Confucianism.. Mencius. Similarly, the difference in the level of performance of two organisations also depends on the utilisation value of human resources. ii. Features 12 Philosophy 13 Factors 14. Learn about:- 1. Over a period of time, an organization may achieve a saturation point in terms of its growth. The results of HRD can be experienced only after some time following its implementation. Gives people awareness of rules & procedure. Another major philosophy which serves as beacon to any organization is the emphasis on honesty and integrity for all its employees and associates such as dealers, vendors etc. Training and management development programme, 11. Human resource developed due to the increase in the use of science and technology in the modern age. HRD process is facilitated by mechanisms like performance appraisal, training, organizational development (OD), feedback and counseling, career development, potential development, job rotation and rewards. Marketer’s Role – marketing and contracting programmes and services. Organisations to be dynamic, growth-oriented and fast-changing should develop their human resources. The problem arises because “most of the SMEs are not aware of the strategic dimensions and associated benefits of HRD”. iv. v. Changing work rules to solve the problem. Avinashilingam University (Institute for Home Science and Higher Education for Women), Post Graduate Certificate in Intellectual Property Law and Practice (PGCIPL) Colleges in India, M.Sc. PHILOSOPHY is a study that seeks to understand the mysteries of existence and reality. Further, it helps the society in the form of developing human resources and increased contribution of human resources to the society. (vi) There is greater readiness on the part of employees to accept change. Before introduction of HRD in any bank, a climate is created by stressing the importance of developing people / creating effective teams / solving problems by bringing these in the open and working together to find solutions to the problems. In every organisation human process must receive as much importance (if not more) as the substantive dimension. Training by ACHARYA had been the instrument in past which made successful kings, warriors, courtiers, engineers and architects. It increases productivity and profitability, reduces cost and finally enhances skills and knowledge of the employee. 5. New recruitment, restructuring training and retraining deployment and rightsizing, all are done, in the light of new competency model in this phase. To put the right man at the right place with the trained personnel has now become essential today’s globalised market. 4. Substantive dimension is what is being done process is how it is accomplished, including how people are relating to each other and what processes and dynamics are occurring. Counseling services should be related to how he should grow and what right practices he should adopt to improve himself and his organisation. The quality of service is a major corner-stone of HRD philosophy. HRD also benefits individuals in achieving of potentials, increase in performance, fulfilling their needs and enhancing social and psychological status. Further, human resource planning, recruitment, selection should emphasise on potentialities for development. At the personal level there is the existential process. Fedex Corporation, a big name in logistics, gave its employees a unique opportunity to identify and assess their respective roles. Human Resource Development (HRD): Meaning, Concept, Objectives, Functions, Need, Role and Process. HRD is defined as activities and process undertaken by an organisation to formulate the intellectual, moral, psychological, cultural, social and economic development of the individuals in an organisation, in order to help them to achieve the highest human potential as a resource for the community. Career planning is a systematic process by which an individual selects his career goals and the path to these goals. Human Resource Development (HRD) is that part of Human Resource Management which specifically deals with the training and development of employees. 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