CHAPTER 6 Component Theories of Human Resource Development.

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CHAPTER 6 Component Theories of Human Resource Development

Psychology and the Discipline of HRD Chapter 6 – Component Theories of Human Resource Development Chapter Outline Introduction Psychology and the Discipline of HRD --Contributed by Elwood F. Holton III Economics, Human Capital Theory, and HRD --Contributed by Richard J. Torraco Systems Theory as a Foundation for HRD --Contributed by Wendy E. A. Ruona

Psychology and the Discipline of HRD --Contributed by Elwood F. Holton III • Psychology and HRD • Emerging Foundational Theories of Psychology • Limits of Psychology • Summary

Economics, Human Capital Theory, and Human Resource Development --Contributed by Richard J. Torraco • What is Economics? • What is Human Capital Theory? • Human Capital Theory and Human Resource Development

Systems Theory as a Foundation for HRD --Contributed by Wendy E. A. Ruona • What Is Systems Theory? • Why Systems Theory? • The Support Provided to HRD by Systems Theory • Summary

REFLECTION QUESTIONS • What aspect of psychological theory interests you the most? Why? • What aspect of economic theory interests you the most? Why? • What aspect of systems theory interests you the most? Why? • How do you see that the three component theories working together for HRD?