Human Resource Development in UK Essay Example | Topics and Well Written Essays - 1500 words

Human Resource Development in UK - Essay Example It is necessary for the professional stage to have skilled people with the required talent. It can be made possible to obtain such skill by buying them from outside the organization; that is, recruitment. However, it is also possible to achieve this by training and developing the present employees. Human Resource Development (HRD) is a planned approach that is used in order to invest in human capital. The reason that HRD is important is that one of the most essential factors for the development of a successful industry in the UK happens to the investment is skills. It draws on other human resource processes, for example resourcing and performance evaluation, so that the real and probable talent can be recognized. HRD presents a structure for self-development, training courses and career progression so that an organization's future skill requirements can be met with. In order to respond to restriction against the job market, there should be human capital development in the form of education and skills training. It is possible that some skills are scarce even when there is high employment. Newswire Today reports that in 2007 a report was issued by the British Chambers of Commerce (BCC) entitled "UK Skills: Making the Grade". This report was based on a survey of over 300 employers. According to this report, 55% of the employers who were evaluated are finding it more difficult to employ skilled workers now as compared to five years ago. In order to deal with this problem, in the same year the UK Government announced a major expansion in skills investment for England of over 11 billion for each of the next three years. Total spending on learning and skills is likely to increase to 12.3 billion a year by 2010/11. This compares with the 6.5 billion spent in 2001/02 (Department for Innovation, Universities & Skills, n.d.). A lot of disparity is present education and training levels of different countries. For example, in Germany they consider technology and production as high status activities. For them to succeed in such areas they have to have a high level of technical training. Thus, German businesses feel greater importance to technical advantage than, say, those in the UK. In the UK not only technology is important but other areas as well, even the ones unconnected to the engineering and technical side. One example can be the Film Industry. It is only recently that the Film Industry has been credited but nonetheless, it is fact that the UK has tried to make it successful. For this, the Film Industry Training Board has been set up. The aim of the board is to improve skills development in the UK film industry. This is only the first industrial training board that has been set up in around 20 years. Industry Training Boards are constitutional organizations that were set up