The Role HRDF Plays in the Malaysian Economy
It would be impossible for a state to be perfectly independent. It tends to be a web that involves individuals, institutions, states, trade blocs and the globe as whole. The more skilled individuals involved in an economy, the higher the chance that the economy in question is going to grow. For the two to increase, upskilling as well as reskilling would be necessary. It is due to that reason that any country would wish to have an empowered citizen as a way of not only bettering their lives but also as a strategy to boost the economy. 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 government has Human Resources Development Fund (HRDF) as one of the organization that can help citizens become better at what they do. 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.
Through the HRDF, one can become part of moving Malaysia even higher and making it competitive. Even as the program aim at catalyzing the economic growth and improving the labor market, one as a citizen has a lot to gain from the organization. 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. As the quality of education system in a country improves, one would need to be part of it through utilizing the availed opportunities. 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.
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 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.