HRD strategies are plans that utilize training, organizational development, and career development efforts to achieve organizational objectives by developing employees. Major HRD strategies include communicating changes to employees, increasing employee accountability and ownership, fostering quality through training, encouraging cost reduction ideas from employees, promoting intrapreneurship, building an empowering organizational culture, providing systematic training programs, and promoting continuous learning. Developing an effective HRD strategy involves understanding the business strategy, creating a mission statement, conducting SWOT and HR analyses to identify gaps, determining critical people issues, developing solutions, and implementing and evaluating action plans.