Essence of HRDF
It is a bit difficult for any country to perfectly depend on its resources. It tends to be a web that involves individuals, institutions, states, trade blocs and the globe as whole. The more skilled individuals involved in an economy, the higher the chance that the economy in question is going to grow. There would be a need to ensure upskilling as well as reskilling as a way of ensuring productivity in the economy in question. As a result, a nation that focuses on human resource development tend to stand a better chance in growing its economy when compared to other nations that have not focused on any empowerment program aimed at betterment of the people. On the other hand, any citizen would need to make sure that he or she takes advantage of such opportunities to build on his or her skills and become more competent. One would need to make sure that he or she actively takes part in betterment of his or her country’s economy even as he or she builds his or her net worth. The Malaysian government has Human Resources Development Fund (HRDF) as one of the organization that can help citizens become better at what they do. The HRDF as an organization is customized to reach out to the individuals willing to grow small and medium enterprises which tend to form the largest part of the economy in any country.
For the Malaysian economy to grow, one would need to make sure that he or she also actively take measures to be a growing Malaysian especially on matters to do with skill enhancement. Even as the program aim at catalyzing the economic growth and improving the labor market, one as a citizen has a lot to gain from the organization. The Human Resources Development Fund (HRDF) comes in to make sure that it is part of assisting the citizens in offering quality labor to various enterprises across the nation. The essence of retraining and reskilling tend to make an individual provide higher quality labor and also increase his or her chances of earning more. The Human Resources Development Fund (HRDF) for example would help one grow his or her skill and hence become even more productive. One would realize that economic growth is a web that one cannot stand independently.
One as an employer would also need to make sure that he or she encourage his or her employees to upgrade their skills as a way of ensuring that the institution they work for remain competitive in a fast-paced world. The skilled workforce would also meet the company aspirations which is a plus to the employer. Whether one is an employer or an employee, it would be essential to find ways of playing his or her part in ensuring skill upgrade.