Problems of HRD in Commercial Banks

Abstract

The real strength of a country lies in the development of the human mind and body. McGregor observed, people have got a large amount of creativity, imagination, and ingenuity to solve the problems of the organization. But often these potentials are not fully utilized by management through appropriate and systematic efforts. In fact each human being is born as some thing new, something that never existed before. Each is born with the capacity to win at life. Each has his/her own unique potentials, capabilities and limitations. A country lives, develops and gains recognition and glory through its people. Empirical studies have indicated that labour and capital were largely responsible for the development of advanced countries. This was done by way of investment in education and training of the labour forces. The huge manpower available can be creatively and constructively used for the growth of the economy. Owing to the significance attached to the human resources in the national context, Sir William Peltty in the seventeenth century attempted to quantify the value of the human resource in monetary terms. No nation can become strong if it ignores its most precious natural resources i.e., its people. It is clearly said by the eminent economist Adam Curie that the development of the organization as well as the nation lies in the development of their individuals.