Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

Efficient utilization of human resources means fuller utilization of resources. In an organization, human resources are the most important element and the effective utilization of other resources depends upon the quality of human resources. It also helps an entrepreneur in exploitation of natural, physical, financial resources in a better way. It is the foremost responsibility of an entrepreneur/ human resource to:

1. Finding out the total amount of works to be done and then dividing it into different sets of activities.
2. The total number of tasks and jobs required to be accomplished under different activities.
3. How much work can an average person do in a specified period of time?

Efficient Utilization of Human Resource:

1. Managerial Staff: This category is like brain box of the enterprise. Framing policies, objectives goals etc. for the enterprise, ensuring their implementation and finally getting the work done from workers is the field area of this category.
2. Non - managerial staff: The real group which effectively converts the raw material into finished goods is 'workers'. Nature of job decides the quality and quantity of workers to be assigned.
3. Trained Technical Manpower: This constitutes of people who have technological expertise and are frequently required for machinery selection, installation, supervision and operation.
4. Administrative Manpower: To run the enterprise, the entrepreneur needs a group of staff which gives support services to managerial, professional and trained staff. They do not contribute to production directly but only provide assisting services in the maintenance of the enterprise.
5. Professional Manpower: Chartered accountants, auditors, bankers, lawyers, who are professional experts can be outsourced by the entrepreneur if required. Small enterprises cannot afford them on their regular payrolls. Thus efficient utilization of human resources is only possible if the entrepreneur is able to decide:

1. The total work to be done.
2. The right type of people who can do the work.
3. Employing Right man at right job.