Human Resource vs Financial Resource

by DanielCurpas 22 replies
Hello everyone. As i said I'm a student in business administration, and today at financial management.. it came in my mind the idea of this topic.

Which is more important? ...

Anyway, from my point I like human resource domain because I like it and I think that I was made for this. I'm also waiting for you opinion..
#mind warriors #financial #human #resource
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  • Profile picture of the author naruq
    Daniel What do you mean by Human Resource Domain? Thanks.
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    • Profile picture of the author DanielCurpas
      Well ... staffing & administrating people...things such as self development...of your employees...managing your employees for a greater efficiency and productivity...
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      • Profile picture of the author thriftgirl62
        Human Capital is the most important and most valuable resource of all. Yet, investing in human capital is low and seemingly unimportant when everywhere you turn there are more cuts in education, health care and quality of life.

        Human Capital is an asset yet companies pay wages and treat them like expenses to be reduced instead of capitalized like a real investment that is watched and well taken care of.

        Invest time OR money - paying with both makes the price too high. That's why new people in business don't make any money - they invest too much of both instead of one or the other. The time to pay the GURU is when your investment in time starts paying off.
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  • Profile picture of the author GlobalMedia
    It is not fair if you compare Human resource with financial resource. Human resource is much more important and precious than any thing else. It is the key factor in your path to success.
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    • Profile picture of the author sandalwood
      Originally Posted by GlobalMedia View Post

      It is not fair if you compare Human resource with financial resource. Human resource is much more important and precious than any thing else. It is the key factor in your path to success.
      If the human resource is so much more important and precious, then why do all of the human resources chase the financial resource? Shouldn't it be the other way round?
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  • Profile picture of the author sandalwood
    One more thought: human resources must be unequal in value across the globe given the differing wage/pay structure in the various countries. If that is true, wouldn't you say that the financial resource will always overshadow the human resource?
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    • Profile picture of the author DanielCurpas
      Great point sandalwood ...and another thing that i want to ask...why so many people invest in their projects and stuff like...instead of human resource investment...
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      • Profile picture of the author Nereah
        Originally Posted by DanielCurpas View Post

        Great point sandalwood ...and another thing that i want to ask...why so many people invest in their projects and stuff like...instead of human resource investment...
        People invest in other projects and neglect human resource simply because they do not know the value of investing in human capital, if only they know, they would reverse the process. very sad.....
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  • Profile picture of the author happyme
    See, in a capitalist world like this, Human resource is not possible without financial resource. So, I think Financial wins
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  • Profile picture of the author JingQuimPo
    Chinese Proverbs don't lie.

    “If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.”

    Jing Quimpo
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    • Profile picture of the author Best Seller
      Originally Posted by JingQuimPo View Post

      Chinese Proverbs don't lie.

      “If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.”

      Jing Quimpo
      Very well said!
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  • Profile picture of the author alanabowe
    For me, it's Human resource. Human resource is the greatest asset that any organization possesses and it must ensure that this potential is harnessed to the maximum to contribute positively towards the growth of the organization.
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  • Profile picture of the author Mariae
    For me, Financial Resource should come first. Only if, you are just starting a business. Because you can't start a business without a financial resource. It would be very hard to get human resource without it.
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  • Profile picture of the author Razarulz
    it's better i have human resource, if it's about financial resource i can loan it from the bank..
    in the organization the quality of the organization depending on the human resource...
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  • Profile picture of the author Shania
    Thats interesting. I think both are great!
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  • Profile picture of the author james36
    Both are equally important. If you have skilled persons then you should financially strong to pay them and get the quality work. So both are important in my opinion.
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    • Profile picture of the author Okoji
      Banned
      Yes, that is very correct. Both are important. But human resources are very very important.

      More important then Financial Resource.

      Cheers!
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  • Profile picture of the author uswah
    i think both have their own equal importance
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  • Profile picture of the author jhnbrwn
    Nothing is best by itself, it is you how you make best out of it. Its my perspective, excuse me if someone is not agreed.

    Regards
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  • Profile picture of the author Andrew Ethan
    Hi Guys!
    Human resource is very much important because they able to manage employees effectively and this could be easily achieved with hr software that brings organizations lots of gains in terms of productivity, efficiency, and so on. however, the long-terms benefits, benefits you would gain when you use the product for a period of time. However, there are some immediate short-term benefits that you can gain too;

    1. Centralization
    2. Everyone becomes smarter
    3. Data-driven approach

    This way, the performance of the business function and its effectiveness can be measured.
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  • Profile picture of the author iamcel
    Hello everyone. I'm new here I am also an seo. Together, solid finance and HR teams have developed strong partnerships that have driven the most successful businesses.
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  • Profile picture of the author Kay King
    Very well said!
    6 years ago
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