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Global CEO Magazine:
Strategic HRM : Role of training and development
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The goal of any organization is to minimize costs and enhance its profits, especially in the competitive and global workplace of today and this can be done by highly committed and competent workforce. The organizations must be in a position to convert their technologies and skills into competencies that empower them to accustom themselves to the ever changing external environment. This lays emphasis that HR plays a major role in maintaining a competitive advantage because an organization is recognized by its highly motivated workforce.

 
 
 

A couple of decades ago, it was almost impossible for anyone to even think that HR would grow more than mere its basic people function, i.e., pertaining to recruitment, training and development, compensation and benefits or probably talent management and organization design. HR was expected to have an immediate solution for any problem related to the employees. It was never ever thought that HR would be involved in making future plans.

Of late, HR professionals have worked to become business partners and align their work with the organization's business strategies in order to contribute to the development and accomplishment of the organizational goals and objectives. They have been trained to spend time with their counterparts in sales, marketing, manufacturing and finance so as to ensure that HR helps to deliver business objectives. In order to accomplish this, HR professionals are expected to grasp and master the concept of value. Value here means when someone receives something for a particular transaction. In this case, the emphasis is on the beneficiary than the giver. HR professionals are expected to add value by helping the employees, the line managers, customers, investors and the shareholders.

Thus the "new strategic role" of HR is to develop competencies and redefine its new role and align itself and contribute to the organization's business objectives."HR is dead. Long live HR," says David Ulrich, a Professor of business administration at the University of Michigan. That's his way of saying that "the old HR" that which emphasizes expertise in transactions and paperwork "is dying in a sense."

 
 
 

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