Discussion Topic: Unit 1

Discuss all factors and how these factors have impacts and as well the influence of NHRD policy

The national context is selected as personal characteristics of humans like knowledge in addition to learned abilities, as for example, the NHRD interventions include ensuring that all-purpose learning curriculum includes knowledge vital to the wellbeing of employees and supporting them in carrying out on-the-job training programs. The selected country is China.

From the last three decades, China was undergoing socio-economic reforms, as accompanied by strong growth rate of the country’s economy. Recent worldwide recession has no such effect on the economy of China; even the increase in quantity of unemployment is also negligible. China is planning to increase their innovation in addition research by the year 2020. New social reforms are being leaning in path of growth of the society with elevated confidence ideals and elevated quantity of imagination and expansion of the person capitals to the industry strategy. The educational system of China is long history and it is to be believed that middle ages China is leading the position in world in terms of the educational development. The economic factor is having an effect on the NHRD policy, as the development of utilization of human skills as well as knowledge can contribute to the wealth of the nation. Talent development is critical for innovation and sustainable economic growth. The road to economic development is being tried to skill the formation of human capital.

China is exploring different national models of talent development to formulate policies that can impact the economic and cultural systems. There is a high level of economic competition due to the increase in international trade among China that are having concerns regarding standards of education as well as training (Mackenzie, Garavan, & Carberry, 2012). The economic recession is influencing the amount of investment provided by the government along with national bodies. The key aspect of NHRD policy is to ensure that people have the required skills as well as knowledge of economic success. The national budgets, along with funds, are being reduced by the economic recession, and it remains an urgency to spend money on training and developing society to reduce the high rate of employment. New strategy for the NHRD development is formulated under guidance of Ministry of the Human Resources as well as Social Security and it is including some of the priorities such as:

• Development of the learning education system based on the cultural norms of China
• Expansion of the vocational training as well as matching of the competencies of employee to requirements of the business (Bierema 2020).
• Investment in the intellectual capitals, providing a link among the education as well as technical innovations and economic development

In mid 1980s, the government is creating conditions to develop and enhance the technological ability. The state programme was launching to develop the technical ability of country as basis for the sustainable growth of the economic. The government of China is emphasized on requirements for the transition from the excessive focused on the specialized vocational training to the professional education procedures focused on ability to think and being original (Clardy 2008). For example, if there is change in the government in coming years, then it will require an understanding of the priorities of the administration in relation to the marketplaces in order to improve the organizational transformation approaches (Gold 2013). There is a requirement for human resources to manage the change in the workforce. For example, a new government can change communication styles and change worldwide visions. Political factors are impacting the policy by making the market environment less friendly for business. The governments are dealing with power over the businesses, and therefore, there is not much that the businesses can do.