Development, in terms of categorizing countries, is the level at which a nation achieves stability, whether that includes stability in the government, climate and nature, the health care system or economy, as well as the total value of resources and goods (Gross Domestic Product) they have. The level at which people are literate in a country is also substantial because i...
Development is the act or process of growth of humans throughout the lifespan, improving quality of life and expanding real freedom that people enjoy. Development is a process of extending the true opportunities and real freedom that people revel in. Concentrating on human opportunities and freedom appears differently with relation to narrower perspectives of improvement and development. For example, identifying development with the advancement of gross national product, or with industrialization, or with the rise in personal incomes, or with the ascent in particular livelihoods, or with technological advancement or social modernization.
International Development in Developing Countries
“…increasing international trade and financial flows since the Second World War have fostered sustained economic growth over the long term in the world’s high-income states. Some with idle incomes have prospered as well, but low-income economies generally have not made significant gains. The growing world economy has not produced balanced, healthy economic growth in the poorer states. Instead, the cycle of underdevelopment more aptly describes their plight. In the context of weak economies, the negative effects of international trade and foreign investments have been devastating.
Development: individual and collective activities that develop skills and personal abilities. This might include organisational development and cultural change processes.
Human Resource Development (HRD) which is any process over the activity that is of a short term or over the long term. It has the potential to develop the work-knowledge, expertise, productivity, and satisfaction of the adults. It focuses on benefiting the personal as well as the group. Additionally benefits the organization, community and the whole of humanity. In the Human Resource Development framework, there are four stages which consisted of Need assessment, Design, Implementation and lastly the Evaluation.
Human resource is the most valuable and unique asset of an organization. The successful management of an organization’s human resource is an exciting, dynamic and challenging task , especially at a time when the world has become a global village and economies are in a state of flux. The lack of talented resource and the growing expectation of the modern day employee has further increased the difficulty of the human resource function.
dressing way to fix the problems. However Foreign aid can help a lot of developing and
Field International is a large production company that operates for fifteen years. This company has three divisions: Field Production, Field Music, and the new venture, Field Advertising. The president and chairman of the board, Lawrence Field, has operated this business in a pooled interdependence fashion. Each division is directed independently by a vice president, and evaluated in the same independent basis. Recently, two major clients complained directly to Field about some production delays of the Advertising Division. Therefore Field decided to meet with his three vice presidents on a weekly luncheon; so the two experienced vice presidents could contribute to the one that is having problems. In addition, he taught that this would be a good occasion to change the usual independent method of operation of each division to a new reciprocal interdependence form of operation where all can cooperate with each other. However this sudden change cause a negative reaction on his vice presidents, and Field had to drop this idea of change. Consequently, Field International is going through communications problem that could damage the growth of his company.
The Merriam-Webster Dictionary defines development as the act or process of growing or causing something to grow larger or more advanced. We live in a world that is continuously developing, in ways that we cannot even begin to try to describe. Nonetheless, The World Bank measures indicators of development. To do this, they look at three-hundred and thirty-one different indicators which cover a vast number of areas, including agriculture, aid effectiveness, climate change, economic policy, education, energy and mining, environment, the financial sector, poverty, science and technology, social development, and urban development. The World Bank’s World Development Indicators data is has been used for over fifty years as the standard by which development is measured. While this list may seem like a comprehensive, all-inclusive list, it does not consider the idea of sustainable development. While development for the sake of advancement may seem like a good option for an undeveloped country, it can be argued that development that is not sustainable is not development at all, but merely the illusion of one.
Organizations’ other resources can be hired, retained and discarded at any time but human resources needs special treatment. It needs to be carefully hired, deserve an extra effort to retain it and requires training & development to upgrade and improve its capabilities. Other resources depreciate with the passage of time but when the human resource gains more and more experience, it becomes more beneficial for the organizations. These characteristics have brought human resources to be the central element for the success of an organization. (Mohammed, Bhatti, Jariko, and Zehri, 2013, pg. 129, para. 2)