Human resource development (HRD) for societal development (SD): an overview

Mitsakis, F.V. ORCID: 0000-0001-8454-5777, 2014. Human resource development (HRD) for societal development (SD): an overview. International Journal of Human Resources Management, 3 (2), pp. 1-12. ISSN 2319-4936

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Abstract

Throughout history, capitalism increasingly focused on human capital’s productivity enhancement through human labor’s misemployment, technological advancement, and the allocation of various resources, and rarely through workforce’s further development by providing training and learning opportunities (Kaurin, 2009). However, since the 21st century is characterized by on-going turbulence, there seems to be a consensus that a nation’s or an organization’s education and training system is increasingly becoming a key factor of competitive economic superiority (Ashton & Green, 1996). A nation’s workforce skills constitute hidden assets, critical elements for attaining the social, political, and economic goals of modern societies (Paprock, 2006). In that event, countries around the globe, both developed and developing, start to realize that economic growth and development is equated with societal development and their human capital’s skills formation; thus, nations are trying to enhance their labor force’s productivity and efficiency, while advancing their population’s living standards as well (Wilson, 2012: 178; Thurow, 1996).

Item Type:	Journal article
Publication Title:	International Journal of Human Resources Management
Creators:	Mitsakis, F.V.
Publisher:	International Academy of Science, Engineering and Technology (IASET)
Date:	7 July 2014
Volume:	3
Number:	2
ISSN:	2319-4936
Divisions:	Schools > Nottingham Business School
Record created by:	Jonathan Gallacher
Date Added:	08 Sep 2016 08:41
Last Modified:	24 Apr 2018 12:55
URI:	https://irep.ntu.ac.uk/id/eprint/28406

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