HUMAN CAPITAL
THEORY
DEVELOPMENT
MANAGEMENT
HUMAN CAPITAL
WHAT IS HUMAN CAPITAL
HUMAN CAPITAL RELATED TOPICS
WHAT IS HUMAN CAPITAL RELATED TOPICS
HUMAN RESOURCES
WHAT ARE THE DIFFERENCES IN
CAPITAL RESOURCES,
HUMAN RESOURCES,
& NATURAL RESOURCES?
THROW-AWAY SOCIETY
HUMAN CAPITAL MANAGEMENT (HCM)
WHAT IS HUMAN CAPITAL MANAGEMENT?
HUMAN CAPITAL LINKS
BACK TO TOP
SECTION 1
HUMAN CAPITAL
Human capital is a quantification of the economic value of a worker's
skill set. This measure builds on the basic production input of labor
measure where all labor is thought to be equal.
The concept of human capital recognizes that not all labor is equal and
that the quality of employees can be improved by investing in them; the
education, experience and abilities of employees have economic value for
employers and for the economy as a whole.
Human Capital
https://www.investopedia.com/terms/h/humancapital.asp
Human capital
https://en.wikipedia.org/wiki/Human_capital
BACK TO TOP
SECTION 2
WHAT IS
HUMAN CAPITAL?
Human capital is the economic value that an employee provides to an
employer. The assessment of this value is related to the body of skill,
knowledge, and experience that the employee possesses. Factors such as
formal education and participation in ongoing training related to the
workplace also help to enhance the value that the employee has.
As one of the basic factors of production, human capital is essential to
the operation of just about any type of business. Employing individuals
who have the necessary expertise, judgment, and ability to function within
their assigned roles allows the business to operate at maximum efficiency.
This, in turn, increases the potential of earning a profit and remaining
successful. A failure to identify individuals with the necessary combination
of skills, experience, and education can undermine the efforts of even the
most well-organized company.
Businesses often make investments in their employees. Just as a company may
invest in new technology to enhance its internal communication processes,
the business can identify employees who demonstrate an aptitude for needed
skills and arrange for those workers to receive professional instruction.
This allows the company to have access to a wider skill set without the
need to hire additional people. At the same time, the business helps to
raise the economic value of each of those individuals.
What is Human Capital?
https://www.wisegeek.com/what-is-human-capital.htm
BACK TO TOP
SECTION 3
HUMAN CAPITAL
RELATED TOPICS
What Is the Difference between
Human Capital and Human Resources?
http://www.wisegeek.com/what-is-the-difference-between-human-capital-and-human-resources.htm
How Do Businesses Measure Human Capital?
http://www.wisegeek.com/how-do-businesses-measure-human-capital.htm
What is a Time and Motion Study?
http://www.wisegeek.com/what-is-a-time-and-motion-study.htm
What does a Human Factors Expert do?
http://www.wisegeek.com/what-does-a-human-factors-expert-do.htm
What is a HNWI?
http://www.wisegeek.com/what-is-a-hnwi.htm
What is Net Worth?
http://www.wisegeek.com/what-is-net-worth.htm
What is Tangible Net Worth?
http://www.wisegeek.com/what-is-tangible-net-worth.htm
What Are the Different Types of Assets
Considered Capital Resources?
http://www.wisegeek.com/what-are-the-different-types-of-assets-considered-capital-resources.htm
What Are the Different Types of Human Capital Systems?
http://www.wisegeek.com/what-are-the-different-types-of-human-capital-systems.htm
What Is the Difference between
Physical and Human Capital?
http://www.wisegeek.com/what-is-the-difference-between-physical-and-human-capital.htm
Human Capital Managemen
http://topics.wisegeek.com/topics.htm?human-capital-management
Human Capital Development
http://topics.wisegeek.com/topics.htm?human-capital-development
Human Capital Consulting
http://topics.wisegeek.com/topics.htm?human-capital-consulting
Human Capital Solutions
http://topics.wisegeek.com/topics.htm?human-capital-solutions
BACK TO TOP
SECTION 4
WHAT IS
HUMAN CAPITAL
RELATED
TOPICS
Knowledge
https://en.wikipedia.org/wiki/Knowledge
Habit
https://en.wikipedia.org/wiki/Habit
Social
https://en.wikipedia.org/wiki/Social
Personality
https://en.wikipedia.org/wiki/Personality
Creativity
https://en.wikipedia.org/wiki/Creativity
Labour (economics)
https://en.wikipedia.org/wiki/Labour_(economics)
Economic value
https://en.wikipedia.org/wiki/Economic_value
Industrial and organizational psychology
https://en.wikipedia.org/wiki/Industrial_and_organizational_psychology
Automation
https://en.wikipedia.org/wiki/Automation
Capital (economics)
https://en.wikipedia.org/wiki/Capital_(economics)
Capital accumulation
https://en.wikipedia.org/wiki/Capital_accumulation
Capitalize or expense
https://en.wikipedia.org/wiki/Capitalize_or_expense
Cross-cultural capital
https://en.wikipedia.org/wiki/Cross-cultural_capital
Human Capital Management
https://en.wikipedia.org/wiki/Human_Capital_Management
Human development theory
https://en.wikipedia.org/wiki/Human_development_theory
Mincer equation
https://en.wikipedia.org/wiki/Mincer_equation
Labor power
https://en.wikipedia.org/wiki/Labor_power
Working time
https://en.wikipedia.org/wiki/Working_time
Human resource management
https://en.wikipedia.org/wiki/Human_resource_management
BACK TO TOP
SECTION 5
HUMAN RESOURCES
Human resources is the set of individuals who make up the workforce
of an organization, business sector, or economy.
"Human capital" is sometimes used synonymously with human resources,
although human capital typically refers to a more narrow view (i.e.,
the knowledge the individuals embody and economic growth). Likewise,
other terms sometimes used include "manpower", "talent", "labour",
or simply "people".
Human resources
https://en.wikipedia.org/wiki/Human_resources
BACK TO TOP
SECTION 6
WHAT ARE THE DIFFERENCES IN
CAPITAL RESOURCE
HUMAN RESOURCE
NATURAL RESOURCE?
Business owners rely on a variety of resources to make and sell products
and services, including capital, human and natural resources. If you’re
new to the business world, you might hear these phrases, as well as other
related terms such as human capital, personnel and raw materials.
Understanding the differences will help you better communicate with the
different professionals you’ll encounter in business meetings.
Capital Resources
Capital refers to money or credit used to invest in or grow a business,
which can come from a variety of sources. A business plan might list the
assets needed to start a company, such as equipment, office supplies,
furniture and computers. The investment money needed to buy those assets
is classified as capital. An investor will want to know how much start-up
capital you need to launch the business, then how much working capital
you’ll need to initially operate it. There is no universally accepted
definition of capital, with some people including credit sources and others
classifying hard assets you can sell as business capital. Under these
definitions, capital resources would include cash, lines of credit, bridge
loans, finished inventory, supplies of materials and other saleable assets.
Human Resources
The people who make and sell your products are human resources. This term
most often refers to internal employees rather than outsourced contractors
when businesses create their budgets. This is because employees often
require more management and compensation than contractors. For example, a
business will pay a contractor a set fee for a specific service in which
the contractor is expert. An employee might require training, a supervisor,
benefits and payroll deductions. The term “human resources” also refers to
the function of hiring, training, managing and terminating employees.
Because some people consider assets capital, the term “human capital” became
business jargon to describe employees. The word “personnel” has given way to
“human resources” because of the more all-encompassing scope of the latter
phrase.
Natural Resources
In many business usages, natural resources are those things found in nature
that can help a business make a product. For example, oil, coal, hydrogen
and water are natural resources industry uses to create energy to power
machines and heat and cool buildings. Other materials, such as wood and ores,
are used to make finished products. Foods are also considered natural resources.
The term “natural resources” often comes up when discussing a business’ impact
on the environment, specifically the depletion of natural resources, destruction
of land and habitat and the pollution of water and air.
Considerations
If you are writing a business plan, proposal, request for a loan, article for a
magazine or website or making a business presentation, run your content by one
or more of your peers if you’re not sure you’ve used these terms correctly.
Usages that sound fine in one industry or profession might sound out of place
in another.
What Are the Differences in Capital Resource, Human Resource & Natural Resource?
http://smallbusiness.chron.com/differences-capital-resource-human-resource-natural-resource-60792.html
BACK TO TOP
SECTION 7
THROW-AWAY
SOCIETY
The throw-away society is a human society strongly influenced by consumerism.
The term describes a critical view of overconsumption and excessive production
of short-lived or disposable items over durable goods that can be repaired.
Throw-away society
https://en.wikipedia.org/wiki/Throw-away_society
BACK TO TOP
National intangible capital NIC
Findings and results for human capital
http://www.bimac.fi
The Union of
Intelligible Associations
https://www.un-intelligible.org/
BACK TO TOP
SECTION 8
HUMAN CAPITAL
MANAGEMENT
(HCM)
Human capital management (HCM) is the comprehensive set of
practices for recruiting, managing, developing and optimizing
the human resources of an organization.
human capital management (HCM)
https://searchhrsoftware.techtarget.com/definition/human-capital-management-HCM
BACK TO TOP
SECTION 9
WHAT IS
HUMAN CAPITAL
MANAGEMENT?
Human Capital management refers to managing an organization’s employees
for them to contribute significantly in the overall productivity of
organization. In a layman’s language managing workforce of an organization
refers to human capital management.
Human Capital Management is defined as the process of acquiring, training,
managing, retaining employees for them to contribute effectively in the
processes of the organization.
In simpler words, upgrading the existing skills of an employee and extracting
the best out of him/her refers to human capital management.
Human Capital management has more to do with how organizations treat their
employees ? Do not treat your employees as mere labours. Senior management
must ensure timely growth and development of every individual concerned for
him/her to contribute efficiently when required.
The key objective of every organization should be to train its employees so
that they become efficient resources later on. In human capital management,
organizations treat their employees as important resources that play an
instrumental role in productivity of the organization.
The development and management of individuals in line with their key
responsibility areas not only make them an indispensable resource in
the future but also ensure their hundred percent contribution towards
the organization.
What is Human Capital Management ?
https://www.managementstudyguide.com/human-capital-management.htm
BACK TO TOP
Human Capital Development
Before Age Five
https://www.nber.org/papers/w15827
Research Institute for
Human Capital and Development
https://www.wu.ac.at/en/humancapital/
BACK TO TOP
SECTION 10
HUMAN CAPITAL
THEORY
DEVELOPMENT
MANAGEMENT
LINKS
8 Benefits of Investing in Your Human Capital Development
https://theolsongroup.com/5-benefits-investing-human-capital/
The Basic Theory of Human Capital
https://econ.lse.ac.uk/staff/spischke/ec533/Acemoglu%20Autor%20chapter%201.pdf
Findings and results for human capital
http://www.bimac.fi/nic
How Important is Human Capital?
http://https://www.nyu.edu/econ/user/debraj/Courses/Readings/ErosaKoreshkovaRestuccia.pdf
Human Capital
http://www.investopedia.com/terms/h/humancapital.asp
Human Capital
http://www.econlib.org/library/Enc/HumanCapital.html
Human Capital
http://lists.repec.org/mailman/listinfo/nep-hrm
Human Capital
https://www.khanacademy.org/economics-finance-domain/core-finance/investment-vehicles-tutorial/investment-consumption/v/human-capital
Human capital
http://www.investorwords.com/2359/human_capital.html
Human capital
https://www.britannica.com/topic/human-capital
Human capital
https://www.econlib.org/library/Enc/HumanCapital.html
Human capital
https://www.merriam-webster.com/words-at-play/human-capital-definition
BACK TO TOP
Human Capital definition and importance
https://www.economicshelp.org/blog/26076/economics/human-capital-definition-and-importance/
Human Capital Development
https://www.recruiter.com/human-capital-development.html
Human capital development is
key to economic transformation
https://www.newvision.co.ug/new_vision/news/1480831/human-capital-development-key-economic-transformation
Human Capital and Development
https://www.r4d.org/resources/human-capital-development/
Human Capital Institute
http://www.hci.org/
Human Capital Management (HCM)
http://www.softscape.com/us/forms/form_whitepapers.htm
Human Capital Management (HCM)
http://searchfinancialapplications.techtarget.com/definition/human-capital-management
Human Capital Management
https://www.opm.gov/policy-data-oversight/human-capital-management/
Human Capital – a primer
http://www.oecd.org/insights/humancapital
Human-capital theory
https://www.encyclopedia.com/social-sciences/dictionaries-thesauruses-pictures-and-press-releases/human-capital-theory
Human Capital Theory
http://simpleeconomist.com/human-capital-theory/
Human Capital Theory
https://journals.sagepub.com/doi/abs/10.3102/0034654314532696?journalCode=rera
Human Capital Theory
https://aspe.hhs.gov/report/transition-events-dynamics-poverty/human-capital-theory
Human Capital Theory
https://www.cipd.co.uk/Images/human-capital-theory-assessing-the-evidence_tcm18-22292.pdf
Human Capital Theory
http://www.thehumancapitaltheory.org/
Human Capital Theory
http://simpleeconomist.com/human-capital-theory/
BACK TO TOP
Human Capital Theory and Education
https://link.springer.com/referenceworkentry/10.1007%2F978-981-287-588-4_331
Human Capital Theory in Education
http://humancapitaltheoryineducation.blogspot.com/2012/06/human-capital-theory-in-education.html
Human Resources and Capital Resources: It's A Match!
http://www.econedlink.org/teacher-lesson/419/
Investments in Human Capital
http://www.ssc.wisc.edu/~walker/wp/wp-content/uploads/2012/09/ehrenberg-smith-ch9.pdf
Journal of Human Capital
http://www.journals.uchicago.edu/toc/jhc/current
Natural, Human, and Capital Resources
http://porterroom.csusb.edu/modelLessons/documents/5.Unit3.5Lesson1TypesofResources.pdf
Society for Human Resource Management (SHRM)
http://www.shrm.org
Top 3 options for human capital development
https://www.imd.org/ola/corporate-reflections/human-capital-development/
What is human capital and how is it used?
https://www.investopedia.com/ask/answers/032715/what-human-capital-and-how-it-used.asp
BACK TO TOP
Help Guide.org
https://www.helpguide.org/
Investopedia
http://www.investopedia.com/
HOME
CAREER HOME PAGE
SMALL BUSINESS
E-MAIL
BACK TO TOP