Topic: Human Capital, An Intangible Asset for a Company's success. - page 2. (Read 388 times)

Imagine you're have a company and you're really care with your employees for giving many good thing for them, but after next few years they submit a resignation letter

You expect them to work for you entire of their life because you've give many training course, development, pay good amount of salary etc, but the reality people comes and go, all of your investment in human capital are become useless because you need to spend more money to train the new employee.

This is why investing in human capital isn't good.

First of all, yeah, human capital usually contributes to the success of a company in different ways, but some companies in some parts of the world don't usually appreciate it when their staff shows all this human capital. Normally some companies or organizations are already paying a small salary, but it doesn't sometimes matter to them the kind of effort that the staff is putting into the company for success; what they only seem to realize and act faster on is when the staff is not being steadfast; they seem to recognize mistakes quicker than effort. Sometimes it even becomes unfair that a staff member will put all their human capital to work but will never get a salary increment or some incentives, but it will still be required of them to keep doing their best. I am not saying it is so with every company, but what I am talking about is something that is common in some organizations, and I also do watch things like that in some movies .

I don't just want to start telling stories now  .

Human Capital are people that make up a company workforce.  So choosing people with higher human capital simply means more beneficial for a company.  This is also the reason why many companies are spending lots of funds to give training to their employees.  Through it was stated that these training expenditures may temporarily decrease the company funds, the company will surely benefits from it since the investment will allow the employee to do their task efficiently thus delivering more profit to the company.

So for any investors that are aspiring to put up their company own company, one should consider learning about Human Capital because it will really lead a company to success if one manage it successfully.

Human capital is no doubt a valuable asset to an organization and when it’s recognized and utilized in an organization, the organization would definitely grow.
Organizations today recognize the great benefits human capital can bring to the organization and that’s why they have the HR Department to help the organization cash in.

A happy and satisfied employee would be extremely loyal, motivated and would go all out to ensure the success of the organization.

Giving training to people, allowing them to have a good enough rest, and paying their overtime accordingly will enhance the workforce's loyalty thus can help in securing the future of the company.

Giving training to people, allowing them to have a good enough rest, and paying their overtime accordingly will enhance the workforce's loyalty thus can help in securing the future of the company.

Very true, anyone who has worked for a company knows that in most company they don't really care about heir employee, all they care is profit. Everything that company do for their employee is so their employee can generate much more profit for the company. All those companies will not hesitate to just dump any employee if they aren't considered as profitable anymore. After all, the 'Human Capital' or 'Human Resources' is the easiest resources to be exploited.

if you want to start a business in future then keep in mind that not only investing in your employees is important but also hiring a right person for right role is important.
how it will be like to giving computer training to an uneducated labor worker.
We can know many things about a person in a interview with him, like his past experiences, internships, questioning about the role, why he choose this field, etc.

I agree human capital is a key to companies success that's why apple, microsoft, google, like big companies gives their employees competitive compensation and benefits packages.

if you want to start a business in future then keep in mind that not only investing in your employees is important but also hiring a right person for right role is important.
how it will be like to giving computer training to an uneducated labor worker.
We can know many things about a person in a interview with him, like his past experiences, internships, questioning about the role, why he choose this field, etc.

I agree human capital is a key to companies success that's why apple, microsoft, google, like big companies gives their employees competitive compensation and benefits packages.

I browsing the internet when I happen to stumble on the word Human Capital.  This is the first time I read about this terms and I got interested to know its meaning. 

According to this article[1]  Human Capital is explained as an intangible asset stemming from a person's talent and experience although it can't be put on our balance sheet but it is very important economic value  for a company.

Investopedia also explained Human Capital as[2]:

"The term human capital refers to the economic value of a worker's experience and skills. Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality."

The article also stated that Human Capital can be made of several factor such as shown in the picture:

It is also stated that there are different types of Human Capital Namely:

• Knowledge Capital: Trade School Education, College Degree, Hard skills, Work experience, Situational Knowledge and Intelligence.
• Social Capital: Relations, Fame, Social Status, Professional Network and Health.
• Emotional Capital: Emotional intelligence, Creativity, Problem-solving, Personal resilience, Critical thinking, Loyalty, Leadership behaviors, Other soft skills

The article also gives a tips on increasing Human Capital like:
Human Capital can be increased by hiring more people but it is also possible to improve within the workforce.

• Improve education for your workforce
• Provide a work culture that encourages creativity
• Divide labor into specialized niches
• Hire a diverse workforce
• Provide ongoing coaching

The importance of human capital. 

Human Capital are people that make up a company workforce.  So choosing people with higher human capital simply means more beneficial for a company.  This is also the reason why many companies are spending lots of funds to give training to their employees.  Through it was stated that these training expenditures may temporarily decrease the company funds, the company will surely benefits from it since the investment will allow the employee to do their task efficiently thus delivering more profit to the company.

So for any investors that are aspiring to put up their company own company, one should consider learning about Human Capital because it will really lead a company to success if one manage it successfully.

Frankly so is the distinction between human capital and workforce. No idea can really work without having the right person to interpret the idea into physical form/structure.
 Even the government needs human capital, in the form of intelligence. The right intelligence I mean.
 It is a quality invested human capital, that can lead a workforce and automate an AI to achieve the desired and well implemented idea to maximum efficiency.

The importance of the right human capital in the success of a company is and never be overlooked.

Al will not take the place of human capital you know why? Because they are different. Human capital is not necessarily same as workforce or when they say human capital, it doesn't only mean work force even though a means to know efficiency of human capital is either in the workforce or employee (s). So we can talk about human capital even if a company has one workforce. In other words, Al may eat up the work population or labour population but human capital still exist in the remaining staff, after all there is collaboration between employee and AL. More to this is that human capital is more superior than Al because Al is a product of human capital and it takes command from human capital. A more efficient worker is more productive with Al.