Economic Importance of Human Development in Egypt

The study conspicuously aimed to identify the concept of human development and how to manage human resources, as well as to monitor the most important objectives of modern human resources management and its functions and the effects of human resources management on competitive advantage. This is in addition to the basic issues that confront management in the field of human management in order to transform the population increase from being a burden on the shoulders of the state into an economic resource that is more important than other material resources. Besides, the study dealt with the importance of human resource development, as well as the difficulties encountered in resource development, and the challenges facing human development, especially in developing countries. It also pushes the development train and the need to benefit from the experiences of international institutions in the educational, economic and social sectors in Egypt, as well as the following: 1Paying attention to small industries and their financing and conducting workshops to increase their efficiency. 2Paying attention to human resources management, especially government agencies. 3Determining work needs to reduce disguised unemployment. 4Paying attention to education and curricula since the early stages, with interest in building the child's personality, identifying his tendencies and trying to develop them. 5Paying attention to giving training courses to the workers and seeking help of the experienced to train the youth. Focusing on the importance and role of human resources as a powerful competitive weapon in light of the fierce global competition has made leaders, managers and business owners change their view of human resources in organizations from mere users to partners, and view them as strategic and important assets that are more valuable than other capital assets in business organizations.