Essence of HRDF
It is a bit difficult for any country to perfectly depend on its resources. A stable economy may have to involve trade blocs, states, institutions, and individuals. In a country where people are highly skilled, there are high chances that both the Gross domestic income and per capita income will be higher. 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. One as a citizen would also need to take advantage of such opportunities with the intention of being above the average per capita income. One would need to make sure that he or she focuses on building his or her net worth and definitely actively contributing to the gross domestic income of the country in question. The Malaysian Human Resources Development Fund (HRDF) is one of such models that focus on improving the skills of a people as a way of making they perform better in their respective roles. One would need to know that Human Resources Development Fund (HRDF) reaches out to individuals especially those in the small and medium enterprises with the intention of equipping them with skills and knowledge to become better in their work.
Growing Malaysia as a nation would call one to make sure that he or she develops his or her skills. One would need to make sure that he or she acquires skills as a way of becoming more resourceful in his or her nation. The Human Resources Development Fund (HRDF) aims at transforming both technical and vocational education as a way of offering quality services to the existing industries. The higher the skill, the higher the chances that one offers high quality labor and also tend to increase chances of an increase in pay. The Human Resources Development Fund (HRDF) for example would help one grow his or her skill and hence become even more productive. As a result, one would be an active participant of the economic web something that is commendable in any country.
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. One as an employer or an employee would need to play his or her part in ensuring that the institution he or she works with has the required skills to take the industry in question to higher economic heights.