- What are the resources of a company?
- Human Resources
- Financial resources
- Material resources
- Technical or technological resources
We explain what and which are the resources of a company and the characteristics of each one: human, financial, material and technical.
The resources of a company include from its knowledge to its machinery.What are the resources of a company?
The organizations Y BusinessAs well as individuals, they have a limited set of resources with which to carry out their operations, or what is the same, with which to achieve their objectives short and long term.
Most of these resources are part of your heritage, that is, they belong to her, or at least they are placed at her service. Therefore a good management of them will translate into better or worse results.
The resources of a company are the different elements that intervene in the production chain. Your presence is essential to guarantee obtaining a product, that is, to guarantee the perpetuity of the economic circuit of the company.
Some are directly involved in the process, that is, they serve to transform the raw material in processed goods. Others serve to guarantee the supply of the same or to eventually allow the modernization of other resources, thus keeping the company up to date.
Although we will detail them later in their respective and specific areas, the resources of a company are classified, from the outset, into two types:
- Tangible resources. Those that can be touched, accumulated, stored and moved, that is, that are concrete and physical, as is the case with machinery or money.
- Intangible resources. Those that cannot be touched, since they are neither physical nor concrete, but that are not for that reason less valuable, as is the case of the information, human talent or calling know-how (knowing how to do things in the best possible way).
Human Resources
The main and most crucial resource of any organization is its workers, that is, its human employees, throughout their different positions, positions and sectors within the company. It is they who are in charge of executing, controlling and monitoring production, even in highly automated environments.
Obviously, they are the only resource of the company that does not belong to it, nor is it part of its patrimony, but rather constitutes its work force in exchange for a salary, that is, something like a lease of work capacity.
Human resources can have a more or less degree of specialization, and can be dedicated to the production process per se, or to administrative and control, which guarantee its perpetuity.
At the same time, their talents and capacities form an intangible asset of the company, which can be improved through various training processes, such as studies or the accumulation of experience. In fact, the older knowledge and experiences a worker accumulates, the higher his salary will be.
Financial resources
Financial resources are understood to be resources capitals, that is, to the amount of money held in the business patrimony, including all its liquidable assets, as well as its ability to borrow or obtain capital through financing external. They can be money bonds debt, stocks, credit tools, etc.
Financial resources are key to starting up the rest of the company's resources, and constitute the fuel that keeps the productive circuit going. Therefore, its correct management is key to the benefit of the organization.
Material resources
Material resources are the set of tangible assets that are part of the company's assets, whether movable or immovable (that is, they may or may not change location).
This includes real estate, all machinery (machines, computers, etc.), work tools, vehicles and also the total of the stock or warehouse of raw materials and products already made.
These types of resources materially support the productive process. In some cases they allow certain margins of effectiveness, speed or precision, since it is not the same to manufacture a product with tools than without them.
Technical or technological resources
In this case we will refer to the systems, processes and knowledge that allow the organization to carry out the production process, or at least carry it out in a certain way (because knowing what to do is not the same as improvising).
The resources technological They can be tangible or intangible, ranging from physical tools to systems computer science, the knowledge that the company manages (such as secret product formulas), and even the telecommunications and information tools that are at its service.
Production does not usually depend directly on this type of resources, but it does tend to have a very high impact on it, as it provides greater margins of control and supervision, effectiveness, documentation and coordination, when not simply more specialized knowledge to innovate and create new products from what you already know how to do.