What is Human Resource Development (HRD)?
HRD specifically deals with the training and development of employees (Bierema et al, 2014).
It can include:
- Employee Training
- Performance Management and Development
- Employee Career Development
- Coaching
- Mentoring
- Organisation Development
Organisations can provide employees with many opportunities in regards to employee training and development which, can either be both informal and formal.
What is Informal Learning?
Informal learning is learning from day-to-day activities (Lohman, 2005; Beausaert et al, 2016).
It can include:
- Learning from co-workers
- On-the-job learning
- Engaging in workplace mentoring
- Learning through trial and error
What is Formal Learning?
Formal learning is learning through an educational program, institution or training centre which, usually results in some sort of qualification (Ahlgren et al, 2011).
It can include:
- Classroom training
- University Course
- Organisational training
Both, informal and formal learning creates value for organisations.
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