BNET Business Dictionary
Business Definition for: Human Capital
- the employees of an organization. The term builds on the concept of capital as an asset of an organization, implying recognition of the importance and monetary worth of the skills and experience of its employees. It is measured through human capital accounting.
Additional Resources
- Human Capital, The Structure Of Production, And Growth
- Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labor augmenting technologies becoming available since the 1970's. High human capital levels should therefore have translated into fast growth in more compared to less...
- White papers 2006-05-01
- Effects of Human Capital and Long-Term Human Resources Development and Utilization on Employment Growth of Small-Scale Businesses: A Causal Analysis (1)
- The purpose of the study presented in this paper was to explore how three different human resource variables affect employment growth of small-scale enterprises: human capital of business owners, human capital of employees, and human resource development and utilization. The literature suggests different models of how these human resource variables...
- White papers 2005-11-01
- Elevating, Integrating and Institutionalizing Strategic Human Capital Management in Federal Agencies Through the Chief Human Capital Officer
- Elevating, Integrating and The Chief Human Capital Officer CHCO Act, enacted as part of the Homeland Security Act of 2002, modifies existing human capital rules and establishes the position of CHCO in cabinet-level agencies. Although a CHCO raises the awareness of federal human capital issues, the CHCO's actual range of...
- White papers 2005-07-22
- Direct And Moderating Effects Of Human Capital On Strategy And Performance In Professional Service Firms
- This study examines the direct and moderating effects of human capital on professional service firm performance. The results show that human capital exhibits a curvilinear effect (u-shaped) effect and the leveraging of human capital a positive effect on performance. Furthermore, the results show that human capital moderates the relationship between...
- White papers 2000-08-01
- Human Capital Management Plan 2004-2008
- Human capital is defined as the time, personal skills, capabilities, experiences, and knowledge of the individual. Human capital is obtained through a variety of means - formal education, job training, on-the-job learning, and life experiences. Employees bring their human capital to the job, and in return, the job rewards the...
- White papers 2004-11-23
- The Accenture Human Capital Development Framework: Assessing, Measuring and Guiding Investments in Human Capital to Achieve High Performance
- To help organizations assess the return on their human capital investments, Accenture introduced a new assessment and analytic tool: the Accenture Human Capital Development Framework. With the framework, an organization can better assess its core human capital capabilities (such as leadership, workforce performance and talent management), identify the human capital...
- White papers 2005-07-06
- Human Capital Planning: A Review Of Literature And Implications For Human Resource Development
- This paper examines the literature surrounding human capital, human capital planning, and the implications for Human Resource Development HRD. The results of the review and synthesis of the literature are provided, and the implications for HRD scholars and practitioners are reported in detail. The research reports an in-depth justification and...
- White papers 2007-09-01
- Human Capital Externalities: A Sectoral-Regional Application for Spain
- Human capital externalities have been rejected recently in a number of papers, focused mainly on the US experience. However, these papers only contemplate the possibility of aggregate externalities within politically defined boundaries, states or cities. Given the nature of human capital externalities, their size and very existence should depend on...
- White papers 2003-06-12
- Recognizing Risk in Human Capital Investments : A Real Options Approach To Strategic Human Resource Management
- An issue that has not yet been explored in the field of strategic human resource management SHRM is that of managing the ‘risks' involved in human capital management of the firm. The paper addresses this issue using the real option theory framework. It argues that certain HR practices manage risk...
- White papers 2003-01-01
- Human Capital - Observations on Final DHS Human Capital Regulations
- People are critical to any agency transformation, such as the one envisioned for the Department of Homeland Security DHS. They define an agency's culture, develop its knowledge base, and are its most important asset. Thus, strategic human capital management at DHS can help it marshal, manage, and maintain the people...
- White papers 2005-03-02
- Additional Posthearing Questions Related to Proposed Department of Homeland Security (DHS) Human Capital Regulations
- This document consists of a report that responds to additional questions posed by Senator Akaka and Senator Lautenberg. Changes to human capital management should be implemented only when an agency has the institutional infrastructure in place. This institutional infrastructure includes, at a minimum, a human capital planning process that integrates...
- White papers 2004-04-30
- Achieving High Performance Through Human Capital Development: A Look at the Pharmaceutical Industry
- The relationship between human capital investments and high performance makes intuitive sense, but little empirical support for such a connection exists, until now. This research sheds new light on the link between human capital management and financial performance. Findings from this study of pharmaceutical companies suggest that organizations considered being...
- White papers 2004-01-15
- Human Capital Management Planning
- Human Capital Management helps organizations to develop their resource plans. It highlights the importance of strategically anticipating Human Capital changes through planning; it offers basic planning steps, issues to consider, and strategies. This paper consolidates the concepts and benefits of Human Capital management through a case study for a utilities...
- White papers 2005-11-01
- Presenting Big News in Human Capital Management
- Hewitt's Human Capital Foresight HCF brings rigorous financial analysis to human resources, for the first time connecting the capital and labor markets. Using the most comprehensive HR database available, HCF quantifies the economic value of a company's human capital and predicts the effect specific HR investments will have on shareholder...
- White papers 2005-12-14
- Measuring Human Capital
- The arrival of the knowledge economy and the growth of global competition create a greater need for organizations to measure human capital and to measure it accurately. Quality measures of human capital enable organizations to make better decisions and compete more successfully. Quality measures are those that possess evidence of...
- White papers 2005-10-01
- Inflation, Human Capital and Long-Run Growth - An Empirical Analysis
- This paper investigates the effects of inflation on human capital formation in 89 countries in 1970-2000. Considering that human capital is often observed to be important for long-run economic growth, one highlight in this way an inflation effect on growth that has hardly received attention in the literature. Most of...
- White papers 2001-10-01
- Thanks to the Accenture Human Capital Development Framework, Sinclair Knight Merz Enhances Its Strong Human Capital Foundation to Achieve Better Business Performance
- Sinclair Knight Merz SKM, one of the leading professional services companies in the Asia Pacific region, was looking for ways to increase its ability to manage and grow its workforce capabilities. SKM asked Accenture to implement the Accenture Human Capital Development Framework to help its HR function identify ways to...
- Case studies 2005-01-05
- HR Metrics That Count: Aligning Human Capital Management to Business Results
- This paper explores the current capability of HR Human Resource to report on human capital metrics and the capability needed to report in the future. The study presented in this paper was conducted with 246 HR professionals and business leaders in the United Kingdom and Canada. Although HR professionals and...
- White papers 2005-03-01
- Human Capital - The Elusive Asset; Measuring and Managing Human Capital: A Strategic Imperative for HR
- Human Capital is arguably the most valuable asset held by an organization today. It is also the most elusive asset to manage for a variety of reasons. The primary purpose of this paper is to describe the terminology associated with human capital and its context within an organization. Its secondary...
- White papers 2003-03-01
- Strategies to Retain Human Capital in Business Process Outsourcing (BPO) Industry
- Human Capital is the most crucial resource on which the Information Technology & Information Technology Enabled Services (IT & ITES) industry in India depends. Next to the location advantage that India has, the factor for the country's immense success in the overseas markets, is its abundant & cost effective human...
- White papers 2006-02-01
