Human Capital Formation: Developing a Country's Most Valuable Resource
1.
2.
3. Human resources of a country are the
size of population, rate of growth of
population, urban rural distribution of people
and quality of population. The quality of
population as measured by health standards
& educational levels.
This human resource can be
transformed into Human capital with
effective inputs of education, health and
4. Human Capital formation refers to the
process of acquiring & increasing the
number of persons who have the skills,
education and experience that are
essential for the development of a
Country.
5.
6.
7. HR
Consulting
Executive
Search
Training
Permanent
Recruitment
Technology Service
Professional Staffing
General Staffing
8. Country develops if the human
resource is developed.
Increase in productivity.
Eradication of social and economic
backwardness.
Entrepreneur ship increases.
9. It is a creative and innovative human
act.
Ability to create and build a vision
from practically nothing.
Vision requires willingness to take
calculated risks.
It is a discipline, hence it can be
learned – Peter Drucker.
10. It is a social-economic
phenomenon.
Engine of economic growth.
Creator of wealth and
employment.