Essence of HRDF
Any economy can never be perfectly independent. A stable economy may have to involve trade blocs, states, institutions, and individuals. For any player to actively play a role in the economy, he or she has to have a mastery of his or her field of specialization. There would be a need to ensure upskilling as well as reskilling as a way of ensuring productivity in the economy in question. Any country would definitely wish to have a strategy that improves its citizen skills as a way of making them beneficial in their respective fields of work. 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 take advantage of Human Resources Development Fund (HRDF) as a way of acquiring the required skills to become even better.
Growing Malaysia as a nation would call one to make sure that he or she develops his or her skills. 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. Focus on transforming vocational and technical education with the intention to meet the demand from industries also is beneficial to the citizens in a number of ways. More skills to an individual means chances of better pay something one would need to take advantage of and ensure that he or she grabs the opportunity and upgrade his or her skills. The Human Resources Development Fund (HRDF) for example would help one grow his or her skill and hence become even more productive. One would realize that economic growth is a web that one cannot stand independently.
For a business not to lag behind, it would be necessary to make sure that retraining of staff is done. The Human Resources Development Fund (HRDF) is one of the few organizations that is geared to directly or indirectly benefiting the country, businesses as well as individuals. It would be essential for any management or even individual to take it a personal responsibility to play a role in ensuring that better skill is ensured in the production chain.