With the advent in technology, the arena of human resource management has undergone massive expansion and development in the past few years. Newly emerging technologies, trends, paradigms, and more essentially, the demand for perfection and aptness in the business landscape, have largely contributed to evolving the way Human Resource used to function. Today, advanced HR practises are inevitable to minimise challenges and deliver maximum productivity. After all, it is the Human Resource that serves to form the backbone of any business organisation. One of such powerfully emerging and leading HR trend in the current times that is aiding the leading business organisations is the Integrated HRD system. Let us have a look in this article below at what exactly an integrated HRD system is and how it helps organisations derive better business results.
A brief introduction to the HRD system
The HRD system is comparatively newer to other HR trends but is being recognised and implemented by a substantial percentage of organisations and entrepreneurs in the modern business world. It basically points to a system where all the HR practises and process work integrated, or in conjunction, with each other, and none remain as a stand-alone entity. An integrated HRD system helps to shape commitment, competencies, and culture in organisations with the aim to provide a competitive advantage to the business.
The integrated HRD mechanism is highly admired by modern enterprises from an organisational point of view. It specifically strives to motivate and develop managerial, technical, as well as behavioural proficiencies, values, and mindsets of employees, enhancing their overall performance and contribution to the organisation in the highest level possible.
The specialised design and strategies behind the efficiency of HRD mechanism
The reason why HRD is able to help organisations and professionals lead ahead of the curve, even in this highly competitive and saturated market, is its highly systematic approach. A highly futuristic approach that encompasses aspects like goal setting, documentation, resource planning, recruitments, performance management, training & development, tracking, and analysing, form the core of an integrated HRD system, where each process is integrated with the other. This approach helps in identifying long-term business objectives and lays down the path to achieving the same by hiring and grooming the employees accordingly. Since it provides the managers with a foresight into the probable needs that may arise in the near future, it not only helps the organisations to remain equipped with the best strategies but also helps to reduce the employee attrition rate.
Other than that, an integrated HRD system also helps to prevent organisations from obsolescence at all required levels. Employees from leading business players have opined that the mechanism not only backs organisations and helps the workforce attain the professional goals but also aids to effectively gain personal excellence.
The ever-advancing global economy demands perpetual evolution in enterprises to pace along with the changing paradigms. It is hence imperative for budding professionals in the HR field to understand that HRD is more than just a trend or system today. It has literally taken the shape of a full-fledged realm. Surveys reveal that more than sixty-five per cent of small to large scale business organisations bank on the HRD system today. It would be hence immensely beneficial for the HR professionals to attain a deep knowledge of the same.
In this light, XLRI Jamshedpur, one of the leading management schools in India, have brought forth their Diploma in HR for Working Professionals, with the aim to impart the aspiring HR professionals with all the necessary know-how on the latest HR trends and best practises. The 4-month programme by XLRI Jamshedpur comprises vital topics like Integrated HRD System, assessing learning needs, ROI process model, and much more that helps to provide the participants with a competitive edge in the domain of HR. The sessions are conducted via a live-virtual mode by the expert faculty from XLRI Jamshedpur and can be attended at any of the Times TSW centres across India. Times TSW has 68 centres in all the major cities across India, making it easy for ambitious minds to fulfil their professional development aspirations. Enrol for XLRI Jamshedpur’s Executive Development Programme in Human Resource Development at Times TSW and benefit from the excellent opportunity to upskill yourself for the modern corporate world.