$$Training and Development $($T&D$)$ data is valuable for several HR functions. First, in Recruitment and Selection, it helps identify skill gaps in current employees, ensuring that new hires possess the necessary skills for their roles. Second, in Performance Management, HR uses T&D data to verify if employees have received the training needed to achieve their performance goals, such as meeting sales targets. Third, T&D information influences Compensation and Rewards decisions by rewarding employees who acquire new skills or certifications with bonuses or raises. Additionally, in Succession Planning, HR can spot potential future leaders by tracking employees who engage in training programs, preparing them for advancement. Finally, Employee Engagement and Development benefits from T&D data, allowing HR to customize development plans to align employees' career goals with available training opportunities, ultimately boosting motivation and engagement. Overall, T&D data plays a crucial role in enhancing various HR functions.$$can you reword this in simple terms, in your own words, make it easy to understand