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“Human Resource (Employees) Is the Most Important Asset of an Organization.

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Question: Write a short essay that discusses the following statement, using references and examples to support your answer.
“Human Resource (employees) is the most important asset of an organization.

Throughout the years, the importance of employee have increasingly emphasized in organizations. With today's workforce becoming increasingly diverse and organizations doing more to maximize the benefits of the differences in employees, Human Resource managers are evolving from the old school side-line player to the front-line fighters. Organizations are relying on managers to get the people who get the job done, and of course, make the company money. An organization's success increasingly depends on the knowledge, skills, and abilities of …show more content…

(Radha Basu, 2010). The government sees how much difference a trained employee would bring about changes in the organization compared to a non-trained employee. Organizations are also in supportive of the government policies by sending their employees to upgrade the important as they recognize them as an important asset that can bring changes in the company.

From the above data shown, I concluded for over 20 years, Singapore has been experiencing tremendous amount of growth in our economy, it allows our country to transform into a place with diverse and creative workforce which lures MNCs to set up a base in the country where they can oversee their operations in the Asia region. One of the main strategies that Singapore implemented is to continuously invest in our workforce, equipping them with the right skills, abilities and knowledge which will cause the worker to be more productive in an organization, an example of an organization which facilitates that process is Singapore Work Development Agency (WDA) and Singapore Workforce Skills Qualifications (WSQ). With the government sponsoring the upgrading of workers, MNCs are very supportive of the government decision to upgrade their labour force. As mentioned earlier, Singapore is a country where its labour intensive, producing competent workers will directly lead to an increase of revenue in an organization. This shows how important an

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