Management of a Public Organization and the Effects of Human Capital Development on Organizational Performance

Abstract

This paper aims to bring to everyone's attention how important effective management of an organization is and the impact that good management has on the development of an organization.The responsibility of management in our society is crucial not only for the organization, but also for the public attitude towards management, for its success and status, for the future of our economic and social system, and for the survival of the organization as an independent institution. From an almost unknown position in 1990, management has today become a central activity of the economic era, a powerful and innovative force on which our society relies in the material field and economic well-being. All organizations, whether private or public, profit-oriented or not, regardless of the field in which they operate, have one thing in common: they need to be managed. Also, the purpose of this paper is to emphasize the effects of human capital development and its impact on organizational performance. To create a competitive advantage, it is essential that organizations invest their entire arsenal in the workforce, viewing it as a competitive weapon.