The Human Resource Development supports the organisational strategy by ensuring that the human asset of the organisation is effectively aligned to the strategy determined by the organisation. In essence, an organisation’s competitive advantage is more easily achieved when HR is effectively linked with its strategy.Every element of HR functions from talent acquisition, to learning and development programmes, to compensation management to employee retention plans, needs to be developed in order to increase the human capital in the organisation. HRD assists the organisation in many ways to formulate the appropriate strategy to achieve its mission, vision, and goals. When HRD is strategic and involved with and / or linked to organisational performance, it contributes largely to the implementation of the chosen strategy making the organisation reach its objective. A system that creates an environment conducive to learning through experience, coaching, mentoring, self-learning as well as through training and development, is a must for supporting organisational strategy. HR can add value to the organisation by proper formulation and implementation of HR functions and thus supporting organisation’s strategy. The HR role is in bringing right initiatives to make the human capital competitive and innovative. HRD transforms employees into human capital and HR directs them towards the achievement of the organisation’s long term objectives.
Capt Shaikh Ehsan Reza (Retd), Sr ED & Head of HR & Admin EWPD, BCDL & ICCB, Bashundhara Group