Essence of HRDF
Any economy can never be perfectly independent. A stable economy may have to involve trade blocs, states, institutions, and individuals. The more skilled individuals involved in an economy, the higher the chance that the economy in question is going to grow. Reskilling and upskilling is essential in any nation with the essence of growing. 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. Even as one makes his or her life better, he or she would be taking part in growing his or her country’s economy. The Malaysian Human Resources Development Fund (HRDF) is one of its kind that has ensured in investing in people as a way of making the country a high-income economy. 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. It would be modest for one to make sure that he or she retrain or upgrade his or her skills to offer quality services to his or her institution and the country by extension. 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. It would be modest for one to make sure that he or she utilizes the chance offered by Human Resources Development Fund (HRDF) to become better. One as a result would be an active part of the economic web with a pivotal to play even when he or she does so at small scale.
For a business not to lag behind, it would be necessary to make sure that retraining of staff is done. 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.