7. The Human Factor Quality of the Workforce in Achieving and Maintaining Global Competitiveness

The presentation in this chapter concentrates on the human factor quality of the workforce and its long-term implications for achieving and maintaining global competitiveness. With this view in perspective, the contents of this chapter maintain that the fashioning, implementation, and aggressive enforcement of diverse management rules and human resources (HR) laws do not necessarily bring about the achievement and maintenance of the global competiveness of any business organizations. With this background in perspective, the reader is guided to gain a much deeper understanding that if the owners, managers, leaders, and the various categories of employees are to achieve and maintain global competitiveness, it is imperative that they channel many more of their scarce financial, effort, energy, and time resources (FEET) into more human factor-based education programs that lead to the development of the diverse human factor-based acumen of the workforce. It is argued further that anyone who denies this truth will definitely jeopardize the opportunities the company’s labor force requires to excel in everything they are able to do to achieve and sustain the global competitiveness of the business organization.