The importance of human resources essay

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The importance of human resources essay

In this essay we will discuss about Human Resources.

The importance of human resources essay

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.

The importance of human resources essay

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.

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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.

Moreover, improved health facility can enhance physical capacity of workers. Thus all these factors positively contribute towards increased output.

Human resource development in the form of human capital formation can make necessary addition to the productive capacity of a country in humorous ways. By upgrading the technological scenario along with improved knowledge and skill can modernise the production technologies and thereby can add to the productive capacity of the country in general.

Transfer of technology from foreign countries can pave the way for adoption of modern technology into production and thereby can improve the productive capacities. Moreover, human capital formation can promote higher growth of the economy by adding physical stock of capital of the country.

Human resources development can raise per capita income of the country through increased formation of human capital. Imparting knowledge can improve the productivity of workers and therefore, can raise the per capita income.

The Importance of Human Resources Sergeant in the Profession of Arms Essay Sample

Human resource development can make the people knowledgeable, skilled and physically fit. This can also change the attitudes of the people and improve the personal qualities of people.Essay about The Importance Of Human Resources Words 4 Pages Whether an organization consists of five or 25, employees, human resources management is .

The importance of human resources is staggering and it acts as an advocate for the most important business resource, people. Without human resources, people would have no incentive or motivation to stay in there jobs I believe there is a clear relationship between the effectiveness of a company's people practices and the company's market .

Essay: Human resource management All organizations, whether commercial, schooling or government normally social system.

The persons who run these organizations. The Importance of Human Resources Sergeant in the Profession of Arms Essay Sample. The Human Resources Sergeant plays an indispensable role in the Army Profession of Arms. We have to understand that the core responsibility of our role in the Profession of Arms is gained through first learning about the Profession of Arms.

The importance of human resources is staggering and it acts as an advocate for the most important business resource, people. Without human resources, people would have no incentive or motivation to stay in there jobs I believe there is a clear relationship between the effectiveness of a company's people practices and the company's market value.

This free Business essay on Essay: Human resource management is perfect for Business students to use as an example. The Importance of HRM in Police Department Organization. The human resources management team suggests to the management team how to strategically manage people as business incomes.

This includes handling recruiting and.

The Importance Of Human Resources Essays