Human Resource As Proactive Human Capital: World Bank - Case Study Example

Market friendly approach: Market friendly approach was first put forward by world bank, which gave a much... Comparing Ethiopia to Other Countries Name of Author Author's Affiliation Author Note Author note with more information about affiliation, research grants, conflict of interest and how to contact Comparing Ethiopia to Other Countries Neoclassical Growth Theory: Neoclassical growth theory purports the idea that a country can attain steady economic growth only through the proper deployment of labor, capital and technology....

world bank (WB) has over the years become known to some of its proponents as a credit world club (Birdsall 50).... hellip; The world bank of the Unheard.... world bank (WB) has over the years become known to some of its proponents as a credit world club (Birdsall 50).... Now, the International bank for Reconstruction and Development (IBRD) and the IDA alone have around 150 countries as their debtors (Birdsall 54).... Though first created to assist the Western European countries after the world War II, WB has become involved in a wide array of development projects....

42) The term human resource has been changing to broader management and the concept of human capital has been applied more often in place of human resource.... Therefore the modern perception of human labour has been changing the way organisation have been handling their human capital to a more liberalized way.... human resource management is one of the emerging fields of business that has been crucial in the running of an organisation.... In this regard, the human resource department is given the mandate....

To plan a business in this modern, civilized and global world is no joke, the businesses have high failure rates and very few chances of success, it has been seen that manufacturing based businesses are very difficult to operate as they contain a lot of overhead costs, the… tion process, a complete monitoring of each and every unit, a large amount of human resource and specially a very big amount of working capital with high number of share holders with preferred stock and also a great risk of capital sunk, but on contrary if one thinks that based businesses are easy to operate and have no fuss, than one must think again, yes there are exceptions but one is likely to find same fuss in the service based business as in manufacturing business....

human capital makes up a distinctive character of a organization and ensures its survival. The term ‘human capital' comprises such… otions as the combined intelligence, skills and expertise and is the collection of intangible resources that are embedded in the members of the organisation which result in organizational value.... (Bontis & Michael, 2002 ) With respect to the importance of human capital in modern business environment managers need to develop organizational skills such as managing networks, master HR planning and development....

Human resource is at times referred to as human capital which is simply manpower further defined to… how and explain how the human being when engaged in the right manner of tasks and exposure can lead to admirable outcome from the relative human in question. In my research, I sort to find a human resource blog in the tourism industry and critically review its content to come Human Resource Blog Human Resource Blog Human resource refers to a particular set of individuals whom collectively make up an organization's workforce, a business sector workforce or an economy workforce in general....

: world bank Publications, 2006.... Economists and environmentalists agree to disagree that human capital can substitute natural capital.... While some hold the view of human capital replacing natural capital, others contend that the two can only work side by side as opposed to outright substitutability.... From this point of view, human capital could move in to replace natural capital that could otherwise be depleted from the environment....

uman resource is the human capital of an organization or the employees and personnel and the integrated management of this resource in a way that it increases the efficiency and effectiveness of an organization are referred to as the human resource management.... The paper "The human resource Management Has a Strategic Implication" states that having a human resource department helps in itself to improve the image of the company as it portrays that the firm actually cares about its employees and is ready to invest as much as is required to take good care....