Human Resources Management (HRM) and Human Resources Development (HRD) Work Hand-in-Glove: An Analysis of FBC Bank in Zimbabwe

Abstract

This paper analyses FBC Bank in Zimbabwe in terms of how it merged human resource management (HRD) and human resource development. The paper unfolds through the key explanations about the meaning of HRM and HRD and how the two concepts work hand-in-glove towards the attainment of organisational objectives and goals. The key points of the HRD/M strategy are identified and justified in this paper to ensure that the analysis becomes clearer. The paper navigates through how FBC, as a bank organisation, has utilised HRM and HRD to achieve its objectives. FBC is still experiencing challenges related to the restrictions of the COVID-19 pandemic, such that it has made use of HRM and HRD to work hand in hand to ensure organisational performance. HRD is a subset of the HRM system in which the HR department makes use of HRD strategies to promote organisational performance. HRD and HRM as aspects have been unpacked using scholarly views. The paper ended by analysing some key aspects of the HRD/M strategy in line with FBC.