Ask a Teacher
WHAT IS THE IMPORTANCE OF PEOPLE AS RESOURCE |
The people are significant donor in the development works since every people have unique talent, skills and abilities that are useful for development. The people are important in the nation’s development as people create wealth and in fact it is the wealth of the nation. The population of people of a large size may impart power of state too. A country with a population sizable enough to take care of the farming, industrial production, transportation, communication and other critical activities is ended a power worthy of respect. The more people the country has, the greater its potential power because there are more people to work, more women to bear children and more men for the armed forces. People are the important human resource in the country and organizational development. All business has three major resources: capital, physical, and human. People as human resources cannot be acquired and utilized since they are the one who significantly acquire and utilize the resources and manage it. It is through people that these resources be developed and be utilized. However, human factor is responsible for the success and failure in any organization because people are the significant input and output in an organization. Even if an organization starts with zero funding but with innovative, resourceful, hardworking and honest people, it becomes financially viable. There is no better or successful organization without the existence of people. |