Developing Human Capital for the Advancement of Cooperatives: What is the Best Approach?

Abstract

The human resources are assuming increasing significance in modern organizations. Obviously, majority of the problems in organizational setting are human and social rather than physical, technical or economic. The failure to recognize this fact causes immense loss to the nation, enterprise and the individual. It is a truism that productivity is associated markedly with the nature of human resources and their total environment consisting of inter-related, inter-dependent and interacting economic and non-economic (i.e., political, religious, cultural, sociological and psychological factors). Thus the importance of human resources can be examined from at least two standpoints – economic and non-economic.