Mary Jane,
In 30+ years of managing people, their development became my passion after I got rid of the top-down command and control approach which naturally disrespects, demotivates and demoralizes them. I came to realize that concentrating on their health, well being and development was the best and fastest way to increased profits.
I hope that the lack of response to your question is not a clear indicator of a lack of interest in development of people by HR professionals. I always thought that it should be the number one concern of HR but that was not the case where I worked.
To understand my own views of this issue, you could read my article at
http://www.bensimonton.com/Leadership,%20Good%20or%20Bad.htm
Best regards, Ben Simonton
Author "Leading People to be Highly Motivated and Committed"