Difference between revisions of "Human capital"

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(Development of human assets)
(Development of human assets)
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There are several [[Business process|business process]] which contribute to developing organisation's human assets. Basically the available processes can be divided into developing the human resources the organisation already has and to importing new human resources. The most typical processes available in organisations include
 
There are several [[Business process|business process]] which contribute to developing organisation's human assets. Basically the available processes can be divided into developing the human resources the organisation already has and to importing new human resources. The most typical processes available in organisations include
 
* [[Human resource development]]
 
* [[Human resource development]]
 +
* [[Knowledge management]]
 
* [[Training]]
 
* [[Training]]
 
* [[Education]]
 
* [[Education]]

Revision as of 10:29, 8 June 2014

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Definition

Human capital is The part of organization's intangible assets which is embedded in people working in the organization and is based on people's knowledge, skills and competences

Summary

One paragraph.

Description

Human asset is a part of an organization's intangible assets (see Fig 1). It includes the knowledge, skills, competencies and qualifications of the people in the organization. Also teams, networks and Communities of practice are a part of human assets.

Human asset refers to economical view of human resources. Human assets are developed via investments like training with the expectation that this investment enhances potential income earning of the organization.

Management of human assets

Development of human assets

There are several business process which contribute to developing organisation's human assets. Basically the available processes can be divided into developing the human resources the organisation already has and to importing new human resources. The most typical processes available in organisations include

Fig 1. Human asset as a part of organization's intangible assets.

References

Related articles

Asset (disambiguation)

Intellectual asset

Knowledge asset

Intellectual capital

Asset management