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June 11, 2024

costs and benefits of human resource development (HRD) programs

We now focus on the costs and benefits of human resource development (HRD) programs. These programs are often designed to help the entire organization reach its goals, but human resource (HR) leaders also create these programs to help their department to reach its goals and metrics. For this assignment, you will create an HRD program for your current or former organization. You may also use a well-known organization of your choosing or create a hypothetical organization for this assignment. Your overview of the program should include the elements listed below.

1. Discuss how an HRD program, in general, can help a company to meet its strategic goals.

2. Provide an overview of the HRD program that you have designed for your company.

3. Create a sample plan for talent development in the future. You may choose a specific job or department to focus on for the plan.

4. Estimate the costs and benefits of this HRD program.

5. Explain what the HRD program will teach the employees and how this training is tied to the organization’s success. 6. Use one of the approaches to HRD program decision-making discussed in the Required Unit Resources to analyze how your HRD program would have an impact on talent development for the employees.

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