Human Resource Development Practices Research Paper

Human Resource Development Practices - Research Paper Example In order to prepare the organization for any changes that may emerge with the evolution of the external and internal environment of the business, the human resource team of PAC Resources has already introduced new strategies with respect to staffing, safety, and security of the employees, compensation and benefits and training and development practices. It can be identified from the overall analysis of the situation of PAC Resources that the company is moving in the right direction with respect to the human resource development practices. The SWOT analysis indicates that the company has several strengths which it can use to tap into the opportunities and overcome the threats in the external business environment. The company has launched several effective human resources development initiatives like training and development programs, knowledge management plans, safety and security management of the employees and new staffing strategies. PAC Resources has also embarked on a number of useful initiatives to strengthen the employee relations and build up an overall supportive organizational environment and culture that would foster the growth of the individual employees as well as the company as a whole. Â   Â