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Methodology of Business Studies by Mathew Emmanuel

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3

Functioning of Organizations and New Management Tools

3.1 THE ROLE OF TRAINED MANPOWER

The development of manpower in an organization is the process of the employees acquiring skills, knowledge and capacities for work. The maintenance of manpower is the process of matching men and work in accordance with their level of development. Health and education are normally considered as human capital. Health includes both physical health and fitness. Education includes formal, non-formal, in-service and travel-related experiences of life. In contrast, manpower normally refers only to the skill component of education. Manpower is the equivalent of machine power or horse power (hp). If a man can walk 6 kilometers in an hour, a four-wheeler can carry ...

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