Human Resources Development (HRD) Practices in the Selected Organizations of Indian Public & Private Sector: A Comparative Study

Abstract

Although development of human beings is in existence in some form or other form since the beginning of civilization. A planned and systematic approach to HRD in the corporate sector emerged in the latter half of the 20^th century. People are the real asset of an organization .If treated well, they can take organizations to commanding heights.

Organizations are generally, driven by a predetermined goals. They employ physical, financial and human resources to achieve the goals. These goals have no meaning unless people understand the underlying philosophy, translate them into concrete action plans and put their heart while realizing the targets. Organization thus depends on the people for their survival and growth. In a similar way people need organizations. The current research study focus on the present scenario of the HRD practices of public and private sector organization in India. Due importance has been given to such HRD practices which prove the best and creates broader scalability in human life.

The scope of the study is limited to the organizations under study namely Bharat Heavy Electricals Limited, Bhopal (Public Sector Organization) & Lupin Pharmaceuticals, Mandideep, Bhopal (Private Sector Organization). It is a cross sector study. The study focuses on HRD interventions namely Performance Appraisal, Career Development, Potential Appraisal &Training & Development.