The Minister of Manpower, Youth and Employment, Mr. Boniface Abubakar Saddiue, has said human resource capacity becomes economically beneficial when the inherent knowledge, skills and attitudes are harnessed to meet the utmost needs of the country.

He was speaking at the first National Conference on Human Resource Management in the mining industry at Tarkwa. It was organised by Ghana Chamber of Mines.

Mr Saddique said as a nation the national development prospect does not rest solely on economic progress, adding that, growth and development should be accompanied by achievements in the socio-cultural and human levels which is reflected in better standards of living of the people.

He said many organizations, the world over, are redefining the role played by the human resource function, saying the paradigm shift was to focus on human capital formation and management from the traditional personnel administration.

Again, he said, this has created an enormous opportunity for practitioners to shape the destiny and fortunes of nations and various entities.

The Minister said, while there was evidence that the transition from personnel administration to human capital management have had positive impacts on organizational performance, there were also challenges that have been identified with the process.

Professor Stephen Adei, Rector, Ghana Institute of Management and Public Administration (GIMPA), to appeal to all concerned to start a new type of labour relations, which he termed as “win-win” labour relations to address labour situations in Ghana.

He said there should be a labour situation that requires level of transparency from employers, saying, often times, the employees think that there was plenty of money and they have been denied quite often.

He said management and labour should create a “bigger cake” after which there must be some equity, thus investors require a reasonable return and labour deserves its wages thereby the win-win partnership would make things augur well.

Source: GNA