Business

What Is Human Resource Development: Importance, Difference Between Humans & Physical Resources

Human Resource Development

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When we think about any business, then human resource and human resource development are the first things to pop into our minds. This is because; any business is built by humans and their intelligence. Without dedicated human capital, no business would be able to thrive in today’s market. In fact, employees are truly the backbone of any company, giving it their heart and soul. Because human resource is important, hence in this article we will learn what is human resource development, explore the importance of human resource development, and also learn how is human resource different from other resources like land and physical capital.

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However, be prepared to learn something new, because we believe that if a human is treated as a human and not a mere resource, only then he can deliver. So let us begin.

What Is Human Resource Development

To begin with, let us understand what is human resource development traditionally. So human resource development simply means employing tools and strategies to develop skill sets, and human persona as a whole to enhance efficiency. The entire aim of this branch has always been to enhance and develop employees in a way that enhances their productivity.

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The following are its key components:

  • Training and Development
  • Career Development
  • Organizational Development
  • Performance Management
  • Succession Planning

So you see, the entire science of HRD is directed toward enhancing the efficiency of the workforce. However, here is the twist: why is there a need to enhance humans and the workforce? Have we as individuals not truly unleashed our true intelligence? Well actually we have not; we have not understood our true potential and hence feel the need to be developed. To make sense of this, we must understand how is human resource different from other resources like land and physical capital. Now that we know what is human resource development, it is time to jump to the important part. (Read: Some trending business ideas)

what is human resource development
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How Is Human Resource Different From Other Resources Like Land And Physical Capital

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People often ask how is human resource different from other resources like land and physical capital, and this is the problem. If we feel the need to be told this, we surely have no idea about human capabilities. We are the most evolved species on our planet, but still, we are treated as a mere resource, and this is the problem.

As humans, as living beings, we have an innate capability to operate beyond any human limitations, now what are human limitations? They are our fixed inner forms, just like land and other physical resources. We create a self-image within us, and our entire life revolves around it, it controls our thoughts, emotions, actions, and therefore life. However, the latest science says that we can totally dismantle ourselves from within, and create a new person out of choice.

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However, to do that, we must be willing to completely disconnect and dis-identify from our current persona. When we do that, we reach a void, a space of no person, wherein we can craft a completely new self-image. This is the power of being human; wherein we can  take any shape that we want. So if you wonder how is human resource different from other resources like land and physical capital, the answer is that humans are fluidic, and not limited by any blueprint. So when we talk about human resource development, the first and foremost intention should be to create this fluidity within. Once this is achieved, then we must know the importance of human resource development.

how is human resource different from other resources like land and physical capital
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Importance Of Human Resource Development

We have just learned that if the main aim of HRD is to create fluidity within, then it opens up tremendous opportunities. Right now, unfortunately, HRD only tries to polish the existing persona of employees, which helps less but creates more confusion. Moreover, employees never feel any benefit from such procedures, because the real thing is always ignored. The real thing being: having the ability to craft a new person from within. This skill surpasses any other skill-set and should the priority of all companies. (Read: Best SEO companies)

When focus is given to this possibility, the face of human resource development and its importance will totally change. The following will be the importance of human resource development if this shift happens:

  • Scaling up individual potential to its highest capacity
  • Enhance organizational performance
  • Boosts productivity
  • Builds leadership qualities
  • Helps manage inner thoughts, emotion
  • Contributes to national development
the importance of human resource development
Image Source: Chatgpt

Conclusion

Nations and companies are built by people, and there won’t be any need to worry about that when individuals are at their peak. Because we have not focused on this inner freedom, we remain a puppet to the dictates of our persona which are called habits. Nothing significant is ever achieved unless there is sufficient freedom. (Read: Top cloud computing companies)

In that sense, we have no freedom at all, because we are so strongly identified with our thought, emotion, and persona. Our habits rule us, we cannot think straight, which often makes our life accidental. So, let us come together and focus on achieving inner freedom, and the rest will be taken care of.

We hope that you liked our article on the topics: what is human resource development, the importance of human resource development and how is human resource different from other resources like land and physical capital? Do share this article, and help us spread knowledge.

FAQs

What is meant by human resource development?

Human resource development means employing tools and strategies to enhance individual abilities. However, the current HRD approaches do not focus on establishing inner freedom within individuals, because of which they are not able to benefit fully. If the focus of HRD becomes to make people fluid from within so they can be whatever they want, then things would be better. This is because, without any freedom, something significant cannot happen.

The main difference between human and physical capital is that, we are living beings and can shape ourselves from within as per our needs. We are creative beings, unlike physical capital which is inanimate.

As living beings, we have the ability to touch the creative source within and be at our highest potential. To sum up, we are creators, while physical capital is created. On that basis, following are some differences:

  • Humans are living beings, physical capital is not
  • Humans are creative, physical capital is not
  • Humans have intelligence and consciousness which physical capital does not
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