Hi,
I would be very thankful if anyone could provide me any information regarding what human capital management is all about and the various concepts associated with it?
Message From: phanindrasai
Total Posts: 26
Join Date: 29/08/2009
Rank: Executive
Post Date: 20/11/2009 04:42:52
Points: 130
Location: India
Human Capital Definition
Health, knowledge, motivation, and skills, the attainment of which is regarded as an end in itself (irrespective of their income potential) because they yield fulfilment and satisfaction to the possessor. In an organizational context, human capital refers to the collective value of the organization's intellectual capital (competencies, knowledge, and skills). This capital is the organization's constantly renewable source of creativity and innovativeness (and imparts it the ability to change) but is not reflected in its financial statements. Unlike structural capital, human capital is always owned by the individuals who have it, and can 'walk out the door' unless it is recorded in a tangible form, or is incorporated in the organization's procedures and structure.
With Regards
Phanindra Sai A
Message From: Inayathullah.khan86
Total Posts: 2
Join Date: 29/08/2009
Rank: Beginner
Post Date: 21/11/2009 04:20:59
Points: 10
Location: India
Hello Mr.Phanindra Sai,
That was a very precise and apt explanation. Thanks for the same. I am doing my M.B.A and planning to do my main project in the same topic. Could u plz guide me more on the same topic...
Thank you.....
Regards,
Inayath.
