This document discusses the challenges of human resource development. It defines human resource development as the process of helping people acquire skills and increase their knowledge, competencies, and performance. Some key challenges it identifies include aligning HR with business goals, managing a changing workforce with different demographics, competing globally, eliminating skills gaps, and facilitating lifelong learning. It also discusses the competencies needed for HR managers to address these challenges, such as flexibility, communication skills, leadership, and cultural understanding. The overall goal of addressing these challenges is to help organizations achieve profitability and capability growth.