Human resources Human Resource is the most important asset for any organization and it is very useful in getting flying colours in competition.
In this essay we will discuss about Human Resources. After reading this essay you will learn about: Meaning and Importance of Human Resources 2. Importance of Human Resources 3.
Role in Economic Development. Meaning of Human Resources: By the term human resources we mean the size of population of a country along-with its efficiency, educational qualities, productivity, organisational abilities and farsightedness.
By human resource we mean human capital. Human capital implies the abilities, skills and technical knowhow among the population of the country. A country should introduce manpower planning for the development of its human resources.
Human resources must be considered both from the angle of assets as well as the liabilities connected with the attainment of economic development. For the attainment of economic development, proper utilisation of both natural as well as human resources is very much essential. Proper utilisation of natural endowments and the level of production of national wealth depend very much on the extent and efficiency of human resources.
But too much population will again eat up all the fruits of development. Thus from the point of view of economic welfare, it is quite essential to study human resources in detail.
It should be equally stressed that human beings are the vital instrument of production and at the same time, fruits of all economic activities are rested on the betterment of conditions of living of human beings. Thus in view of its importance, it is quite essential to know both in quantitative and qualitative terms, the size, rate of growth, the composition, distribution and all other demographic features of population of India.
Importance of Human Resources: Human resources are considered important type of resources for attaining economic development of a country.
Among various types of resources, human resources are the most active type of resources. Qualitative and quantitative development of human resources is very much required for the proper utilisation of natural resources of the country.
Thus the human capital formation according to Prof. Human capital has been playing an important role in the economic development of a country. Schultz, Kenderick and Harbison have made some important studies recently so as to point out that a major part of the growth of national output in USA can be attributed to increased productivity which has been mostly realised out of capital formation.
In this connection Prof. Slow growth in underdeveloped countries is mostly resulted from lack of investment in human capital.
These countries are suffering from lack of critical skills required for its industrial sector and also face the problem of surplus labour force in its farm sector. Thus human capital formation is very much required for the economic development of the underdeveloped countries.
In this connection, Prof. As a result of human resource development, the production increases as the knowledgeable and skilled workers can make a rational use of all resources at their disposal. With the imparted knowledge, workers try to increase his output and income.
Attainment of vocational skills helps the workers and all categories of manpower to earn higher level of income in various professions. The higher education and training at higher educational set up like college and universities usually enables workers to contribute liberally towards faster expansion of output in technical, engineering, machine building, accounting, management etc.Such species may be declining in numbers due to threats such s climate change, habitat destruction or invasive species.
Humans have lead to pollution, deforestion and destruction, overuse of natural resources, and global warming, which is a huge factor in why animals are losing their homes and becoming endangered. The degradation of the world's natural resources calls for a fundamental shift in how human beings relate to the natural world.
The future of the earth remains uncertain due to the damaging impact that arise from individuals quest for fulfillment, economic advancement and a lack of respect for the environment. overuse of resources The annual landmark highlights the point at which one year's worth of natural resources have been used up - where human demand for ecological resources exceed what Earth can.
Human resources are capable of converting the other resources, like, money, machine, methods and material into output like products or services.
The effective management of human resources requires sound Human Resource Management system. upload your essay. browse editors. argumentative. compare and contrast. log in × scroll to top.
Human Resource Management Essay Examples. 62 total results. A Professional Critique of the HRM Management Functions. 7, words. 16 pages. The Importance of Human Resource Management for Company Success The Human Resource Management in. The Impact of Human Activities on Earth Essay.
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Human Overuse of Resources Calls for Second Earth ;.