What is the Difference Between HRM and HRD?

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The main difference between Human Resource Management (HRM) and Human Resource Development (HRD) lies in their focus and responsibilities. Here are the key distinctions between the two:

HRM:

  1. Focuses on managing the current workforce.
  2. Involves personnel management, including hiring, training, and retaining employees.
  3. Motivates employees with incentives and rewards.
  4. More focused on the individual, employee level.
  5. Primarily concerned with identifying, hiring, and training employees.

HRD:

  1. Focuses on developing the future workforce.
  2. Involves strategic planning behind creating a thriving organization.
  3. Enhances and upgrades the company workforce.
  4. Focuses on the development and growth of the entire organization.
  5. Anticipates the changing demands of the human resource in the organization.

In summary, HRM is broadly interested in personnel management, while HRD is more narrowly focused on the strategic planning behind creating a thriving organization and developing the future workforce.

Comparative Table: HRM vs HRD

The main differences between Human Resource Management (HRM) and Human Resource Development (HRD) can be summarized as follows:

Feature HRM HRD
Focus Managing the current workforce Developing the skills and capabilities of employees
Nature Operational, focused on improving the efficiency of employees More strategic, aimed at developing the future workforce
Responsibilities Recruitment, training, retaining employees, motivating employees, assessing performance, and maintaining good relations across the organization Primarily concerned with each employee's personal and professional growth, aligning their development with an organization's goals
Goal Align company's objectives with employees' personal objectives to achieve more Develop the skills and competencies of employees, empowering and strengthening their capabilities

In summary, HRM is focused on managing the current workforce and handling day-to-day tasks related to employees, while HRD is concerned with the growth and development of the workforce, preparing employees for future roles and responsibilities within the organization.