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1. Differentiate between HRM and HRD in table format 2. What is the significance of technology...

1. Differentiate between HRM and HRD in table format

2. What is the significance of technology in HRM and HRD

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Answer #1

2. The incorporation of technology is facilitating the functionality of HRM. Various tools like HRMS, HR Dashboards, Recruitment software, Payroll Manager, etc. are making the life easy for the HR Managers.

  • HRMS and HR Dashboards help in analyzing manpower requirement and develop the recruitment plan for the company
  • Recruitment software helps in sourcing the right talent for the company
  • Payroll manager helps in developing the compensation of all workforce of the company
  • Planning of trainings has become quite easy with the incorporation of technology. HRD can capitalize on the performance management system to analyse the training needs of the employees in the company
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