Human resource as an asset

Present business world there are ranges of competitive advancement strategies are developed along with assets. People are willing to provide with different natured assets inclusive of technology, equipment’s, marketing strategies and etc. Still the companies can handle all those assets through getting supportive of human resource(Hollenbeck, 2016). Since the human resource is only the live assets among all those. Therefore it is argued that human resource as key asset of company.

Skills, knowledge and competence level of human resource would be assisted to organization to arrange the good in effective way to get maximum output. Therefore it can argue that all other assets are improved and heal according to the human resource. Further to that it is argues that human resource is most important element which make organization success or failure. Without support of human resource it is unable to manage with business function properly(Klerck, 2009). Human resource always makes company’s profitability and competencies of human resource unable to match with any alternative.

Therefore companies need to be smarter and properly engage with their employees. Further to that it referred that there are high important to upgrade level of skills and talents of employees. Most of the particular scenario would be understood with arranging training and development sessions in order to manage company’s assets. Therefore it is argues that human resource programs of companies always add values to company and it’s not act as expense of the company operation. Since it has been note the major factor affecting the organization productivity is the human factor, many organizations willingness to invest human resources development program in the areas of communication skills, problem solving ability, leadership qualities, creativity and others related skills(Paauwe, 2009). Employees are able to obtained new skills and knowledge in the training programs in order to contribute to the organizational development such as productivity improvement, preparation for organization’s growth, developing the learning culture and so on. The effectiveness of the training programs can evaluate and monitor regularly in order to increase the employee performance and thereby increase the productivity.

Human resource of the company always having the power of thinking and ability to manage assets to drive through company objectives. In the other word human resource made out with vision and mission of the company and drives through to achieve of business success. Therefore under any condition it is argues that human resource is most important asset in the contest(Shuck & Wollard, 2011).

Reference

• Hollenbeck, J. R. &. J. B. B., 2016. Human Capital, Social Capital, and Social Network Analysis: Implications for Strategic Human Resource Management. Academy of Management Perspectives: s.n.

• Klerck, G., 2009. Industrial relations and human resource management". In D. G. Collings & G. Wood. Human resource management: A critical approach , pp. 238-259.

• Paauwe, J. &. B. C., 2009. Strategic HRM: A critical review. In D. G. Collings, G. Wood (Eds.) & M.A. Reid, Human resource management: A critical approach. London: Routledge..

• Shuck, B. & Wollard, K. K., 2011. Antecedents to Employee Engagement: A Structured Review of the Literature. Advances in Developing Human Resources, p. 429–446.