One of the key components of Human Resource Development is continuing education in all fields in order to keep your workforce as productive as possible. In order to keep up with the changes in technology, it seems like employees need to be trained almost monthly to understand the latest iThing or software update. Without it, other companies who do handle technological change and Human Resource Development better will leave you in their dust.
This is also true on an international level. Countries that keep their workers educated in the coming years will gain a huge advantage as globalization continues to "shrink the globe" so to speak. As China continues to close in on the US as the world power (They passed Japan last year to become number 2, as this article from Bloomberg points out: http://www.bloomberg.com/news/2011-02-14/japan-s-economy-shrank-at-1-1-annual-pace-gdp-surpassed-by-china-in-2010.html ), people talk about how our workforce needs to work better and work smarter. This is there Human Resource Development will play a key role if we are to remain "Number One". This article from the International News Network shows the stats behind a number of Asian nations that are improving on the global level through technology and strong training programs. http://www.onlinenews.com.pk/details.php?id=175017
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