1School of Commerce and Management, Ravenshaw University, Cuttack, Odisha
2Controller of Examination and Dean (School of Commerce), Ravenshaw University, Cuttack
*Authors Correspondence: Swetapadma Dash, School of Commerce and Management, Ravenshaw University, Cuttack, Odisha
Online published on 12 May, 2017.
The growth and development of a nation, its various industries as well as its individual organisations depends on its human resource. The available manpower can be used creatively and constructively for the growth of an economy. Peter Drucker, an international expert on management, remarked that, economic results are not produced merely by economic forces but they are essentially human achievements. Thus human beings are considered as the most valuable resource of an organisation. According to McGregor, people posses a vast source of creativity, imagination, and ingenuity to solve the problems arising in an organization as well as in their day to day life. If this potential of the employees are utilised properly it can increase the capabilities and efficiency of not only the employees but those of the whole organisation as well. However, quite often these potentials are not properly utilized by the organisation. This may be due to absence of a proper human resource development system as well as due to lack of a climate that is conducive for this development. This research paper focuses on this HRD climate that facilitates the overall HRD process in an organisation. The purpose of the research is to study the HRD climate prevailing in an insurance company and its efficiency.
Manpower Human Resource, Human Resource Development, HRD Climate
