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The Fundamentals of Human Resource Development

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The Fundamentals of Human Resource Development
PA R T 1 The Fundamentals of Human Resource Development
Part 1 explains the fundamentals of human resource development. The topics covered act as a foundation for parts 2 and 3. These fundamentals encompass a wide range of issues including an analysis of the relationship between the theory and practice of the concept.

1
The Context of Human Resource Development
Learning objectives:
By the end of this chapter you should be able to:
Q Define and explain the concept of globalization Q Discriminate between different perspectives on globalization Q Explain how globalization is impacting on work and organizations Q Appreciate the implications of globalization for the practice of human

resource development
Q Understand the relationship between national human resource

development and national vocational education and training In order to achieve these objectives it is important that you not only read the chapter carefully but also complete the activities and review questions, and undertake some of the suggested further reading.

Indicative content: n Different perspectives on globalization n The key drivers of economic globalization: advancements in technology and

communications, global competition, and changing organizational structures n The developing economies of China and India n The implications of globalization for the practice of HRD within organizations n The role of national vocational education and training (NVET)

4

THE FUNDAMENTALS OF HUMAN RESOURCE DEVELOPMENT

n The emergence of national human resource development (NHRD) n Global approaches to NHRD n The implications of NHRD for HRD practitioners

Key concepts:
Globalization Supply chain Human resource development (HRD) Human capital Social capital National human resource development (NHRD) National vocational education and training (NVET)

THE CONTEXT OF HUMAN RESOURCE DEVELOPMENT

5

1.1 Introduction
A variety of terms have been used by academics and practitioners

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