Human capital
Contents
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.
