Human Resource
What is a resource?
a useful or valuable possession or quality of a country, organization or person
Cambridge University Press
a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively
Oxford English Dictionary Press
To many, the understanding of resources has been in the context of raw materials: oil, minerals, currency and other tradable commodities. The definitions above appear vague enough to accommodate both the traditional idea of resources and more modern appreciations. If we take some liberty with the definitions I could, in fact, be “a valuable asset of an organization”. Unfortunately, the word asset itself is tricky, referring to either positive virtues and strengths or conversely, property and goods. A “useful possession drawn on by a person or organization in order to function effectively”? Less appealing.
In conversation, we speak of needing “[x amount of resources] for [a particular task, function or result]” eg “one barrel of oil for production of twenty gallons of petrol”. Accordingly, we could assign “eight developers and one designer for completion of this project”. This likely has roots in labor as part of the factors of production, the idea of human capital.