Human Capital Concept - Definition And Explanation

Topics:
Human Capital Management
Tags:
Asset Management,
Business Operations,
Derek Stockley,
Human Capital,
Human Resources,
Operational Planning,
Workforce Management
Source:
Derek Stockley

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Overview: The term human capital is recognition that people in organizations and businesses are an important and essential asset who contributes to development and growth, in a similar way as physical assets such as machines and money. The collective attitudes, skills and abilities of people contribute to organizational performance and productivity. Any expenditure in training, development, health and support is an investment, not just an expense. This paper explains the importance of human capital.

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Format: HTML | Date: Feb 2005 | Pages: 3

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