ROLE OF HRD PROFESSIONAL | IMPORTANT TOPICS OF HRM | CAIIB STUDY MATERIAL 2023
In this article, we are going to talk about the Role of HRD Professionals an important topic of HRM from the Elective subject of the CAIIB Exam 2023. Certified Associate of the Indian Institute of Bankers (CAIIB) is an acronym for Certified Associate of the Indian Institute of Bankers. Individuals who have completed a series of courses, examinations, and training courses offered by the Indian Institute of Bankers are designated Certified Associates of the Institute. The courses, available in several cities across India, are designed to help people advance their careers in banking.
Those who complete the course successfully are awarded a certificate to work in the banking industry. Individuals must first qualify as a Bank Associate of the Indian Institute of Bankers before becoming a Certified Associate of the Institute. For CAIIB EXAM 2023, we have two mandatory papers, ABM and BFM, and one elective paper, which can be chosen from six options retail banking, human resource management, central banking, information technology, rural banking, and risk management.
In this article, we will discuss human resource management, its essential topics, and the role of HRD to give you an overview of the importance of this subject and how to go about it.
Human Resource Management (HRM) refers to all of the formal procedures in place to assist in managing employees and other stakeholders inside a business. Human resource management is responsible for three key responsibilities: staff recruiting, compensation, as well as work assignments. HRM’s primary goal is to determine the most effective strategy for an organization’s employees to boost production. Despite the fast-paced nature of business, the HRM function is unlikely to change significantly.
Now that we know what HRM is, we would like to move on to the topics that are of utmost importance for you all to go through for this exam.
Read Also: CAIIB HRM NOV SYLLABUS 2023
Important topics of HRM
- Human Resources Management in Banks, Organizational Behavioral Dynamics, Concepts, Policies, and Practices, Organizational Change and Development, Knowledge Management in Banks, and other topics.
- Performance Management and Appraisal Systems, Organizational Communication, Strategy Formulation and Implementation, and Manpower Planning are all part of developing an HR strategy.
- Motivation, Training, and Skill Development – Training Methodology, Organizational Human Implications, and Training and Development
- Workers’ Participation in Management, Personnel Function, Grievance Redress, and Discipline are covered in Personnel Management and Industrial Relations.
We want to move on to the role of HRD professional to give you an idea of the practical application of this subject.
ROLE OF HRD PROFESSIONAL
The role of HRD experts has changed in response to changes in the organisational environment. Currently, HRD Professionals perform the following functions:
They serve as HR systems designers and developers, aiding HR management in the design and development of HR systems to improve an organization’s performance.
They also serve as organisational change agents, assisting management in developing and implementing transformational change plans. As a result, work teams, intervention techniques, quality management, and change reporting are more efficient. They also served in the position of organisation design consultant when advising management on work system design and optimal use of existing human resources. When HR professionals analyze the needs of employees and build and design the required learning programs, they are known as instructional designers or learning program specialists. These programs, also produce materials and other learning aids.
When an HRD expert aids individual employees in assessing their knowledge and skills to design a realistic career development plan for the employee, he assumes the function of a career counsellor. They took on the role of a coach or a performance consultant when they advised line managers on the best intervention to improve a group’s or an individual’s performance. HRD professionals function as researchers when they evaluate human resource development strategies and programs using suitable statistical procedures to determine their effectiveness and then report the findings to senior management.
Read Also: FREE HRM MOCK TEST | CAIIB HRM TEST SERIES
The following are some of the most typical issues that HRD professionals face
(a) Culture or attitude: Distinct countries have different cultures, and HRD professionals must deal with cultural problems in other countries or employees from various countries as the globe has become a global village.
(b) Technology or skills: The rate of technological advancement is exceptionally rapid, and new technologies are rapidly replacing older ones. The same may be said for training methodologies and technologies. To fulfill the needs of the next generation, an HR professional must upgrade their skills and expertise.
(c) Behavioural values: HRD specialists must adapt to the emergence of new deals, as principle-centred leadership is growing popular in the corporate sector. Many firms are turning to values like trust, credibility, timeliness, and basic regulations as cornerstones.
(d) Knowledge or information: For HRD professionals, expanding their knowledge is a significant issue because they must understand the many philosophies in different parts of the world. For example, leadership philosophy varies substantially across enterprises in other parts of the world.
e) Employee lifestyle or habits: The lifestyle of an employee is also significant for HRD experts since they must understand the habits of the employees to determine the training that needs to be provided to improve the employees’ habits.
(f) Awareness of new practices: An HRD professional must be aware of new techniques followed by organisations worldwide. An HRD expert should be familiar with methods such as individual dignity, employee retention, leadership by example, and a clear conscience relationship with employees, shareholders, vendors, suppliers, customers, and the general public.
(g) Atmosphere: An open environment is necessary for an organization’s success. Meritocracy, fearlessness, justice, speed, inventiveness, and responsibility should be present in the workplace. It is the HRD professional’s role to motivate employees to perform better once a positive work environment has been established.
Since we have discussed all HRM there is to discuss, we would like to tell you about the CAIIB STUDY MATERIAL that our experts have combined over time to make your preparation for CAIIB EXAM 2023 smooth sailing.
CAIIB STUDY MATERIAL 2023
CAIIB MATERIAL is available on Android and iOS apps and websites. It includes study material for all subjects such as ABM (advanced bank management), BFM (bank financial management), RETAIL BANKING, and more. We would provide you with notes in the shape of ePDFs to make studying and comprehending the subjects for CAIIB 2023 a breeze. These notes will assist you in quickly reviewing the entire curriculum of CAIIB EXAM 2023 and will make the topics easier to comprehend.
CAIIB STUDY MATERIAL has explicitly been intended to make studying much more enjoyable and straightforward.
Read Also: FUNDAMENTALS OF HRM | FREE IIBF HRM NOTES
What IIBF LEARNING CENTER has to offer?
- A complete video course on CAIIB (chapter-wise)
- Languages: English and Hindi
- VIDEOS OF CASE STUDIES ARE NEW AND UPDATED
- Questions by Chapter
- Memory Recalled and Frequently Asked Questions
- CAIIB 2023 Tests: Chapter-by-Chapter
- Papers for Practice Exams
- Tests of Competence
We hope this article was helpful to you. Our STUDY MATERIAL will help you out in a lot of ways for your preparation for the CAIIB EXAM 2023
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