Biz Talk Topic 88 - The Importance of Human Capital in Business Today |
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Human Capital allows an economy to grow. When Human capital Increases in business and areas such as science, education and management, it leads to increase in innovation, social well-being, equality, increased productivity, improved rates of participation, all of which contribute to economic growth.
Human resources are like natural resources: they're often buried deep. You have to go looking for them; they're not just lying around on the surface." - Ken Robinson Human Capital Management (HCM) is a critical process that human resources (HR) departments use to attract talent, support employees, and encourage the business's most valuable asset to reach their full potential. Human capital management can help a company improve employee performance and increase retention. |