HRD Score Card 2500:Based on HRD Audit

Human Resource Development (HRD) has become an inevitable part of organizations, in their growth and change. Often referred to as the soul of Human Resource (HR) function, HRD gained business and strategic significance from being a simple function and is undisputedly one of the major contributors in building top class organizations in today’s global and highly competitive environment. However, to develop HRD into its proper undertaking, it becomes important for organizations to evaluate various components of HRD through an audit. HRD audit is a comprehensive evaluation of the HRD systems and strategies, structure and competencies, culture and impact in the context of the short-term and long-term business plans of an organization. It examines the alignment of HRD strategies and systems to business goals and challenges. The auditors evaluate, through a HRD score card, as to how well the HRD efforts and strategies drive business goals and their achievement. Thus, HRD score card is an assessment of the HRD maturity level of any organization.