Conservation

In the context of human resources (HR), “Conservation” refers to the strategies and practices aimed at preserving and efficiently managing an organization’s resources, including human capital, financial assets, and organizational culture. It encompasses initiatives that promote sustainability, employee well-being, and retention, ensuring that valuable knowledge and skills within the workforce are maintained over time. Conservation in HR can involve talent development programs, succession planning, and fostering a positive workplace environment that enhances employee engagement and loyalty. This approach not only aims to protect the organization’s current resources but also prepares it to meet future challenges by nurturing a capable and committed workforce.