Seminar paper from the year 2011 in the subject Business economics
- Personnel and Organisation, grade: 1,3, University of applied
sciences, Munich, course: Human Resources, language: English,
abstract: Human Resources Development (HRD) is an investment into
one of a company's most important factor for future success: the
Human Capital. For a structured approach to HRD the HRD cycle with
its 4 stages is introduced: Identification of HRD needs, design of
HRD interventions, delivery of HRD interventions, and evaluation of
HRD interventions. All stages are briefly described and main models
and approaches are mentioned. Finally future challenges of HRD are
listed showing that a lot of the major topics prevail challenging
in the foreseeable future.
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