Human Resources And Human Capital - 823 Words

Human resources and human capital are different. Human resources management is the function by which the human capital is guided and directed. As previously stated, human capital is made up of the knowledge and skills that people possess. When a company hires an employee they are essentially â€Å"leasing† the talent that the individual owns. The company does not own the employee, their skills or abilities. Human capital emphasizes valuing people that work for the companies as assets; employees that add to the value of the organization, and when efficiently managed contributes to the overall success of the company in terms of employee productivity and contribution. The role of human resources in valuing human capital is mainly to figure out ways to attract and recruit the best people, find ways to make them better at what they do and bring the best out of them. Google appears to be a great organization to work for. As a company that thrives from the creativity and innovation of people, they really seem to put forth an effort towards creating an atmosphere in which the talent or human capital has an opportunity to flourish. It is quite clear that Google will not hesitate to go to great lengths to promote a fun and inclusive environment where the workers, or as they prefer to call them â€Å"smart creatives†, are able to feel like they matter. They have decided to stay away from the traditional aspect of corporate America and chose to implement what may be a game changer forShow MoreRelatedHuman Resource Management and Human Capital Management Essay799 Words   |  4 Pagesdefine and then compare and contrast Human Resource Management (HRM)  with Human Capital Management (HCM) by building upon class content and discussion. Human Resource management is the process of managing individuals within an organization, using the policies, practices and systems that influence the employees. Human Capital Management is the managing of individuals based on their skills, training, experience, intelligence, relationships and insight. Human resource management (HRM) is the managementRead MoreHuman Capital Is An Important Resource For Organizations Essay1537 Words   |  7 Pagesworkers ability to adapt to novel situations in the workplace and perform at an elevated level may currently be more crucial than ever. It has become increasingly accepted that human capital is an important resource for organizations (Wright McMahan, 2011). According to Siegel (2005) sleep is a recurring period in human activity that is defined as a state of immobility with greatly reduced responsiveness, which can be distinguished from coma or anesthesia by its rapid reversibility (Barnes, JiangRead MoreHuman Resource Management : The Effective Methodology Of Managing Human Capital956 Words   |  4 Pagestopic is Human Resource Management: The effective Methodology of Managing Human Capital. The second topic is The Constraint of Women in Leadership Roles. The demand of a transforming world influences roles in human resource management and women occupying leadership position. Both topics depth with challenges that produce opportunities to structure organizations future. In order to sustain the advancement of the United States economy, organizations need restructure the way its Human Resource administrateRead MoreImplications of Intellectual Capital on Human Resources Management3213 Words   |  13 PagesTITLE: IMPLICATIONS OF INTELLE CTUAL CAPITAL ON HUMAN RESOURCES MANAGEMENT TABLE OF CONTENTS 1. Introduction pg 3 2. Elements of Intellectual Capital pg. 3 3. Preserving Intellectual Capital pg. 4 4. The Importance Of Implementing Intellectual Capital Processes pg. 4-5 5. The Value Factor Read MoreCapital Equipment Leasing Strategic Human Resource Development Plan1673 Words   |  7 Pages CEL Capital Equipment Leasing Strategic Human Resource Development Plan A Proposal by Tim Bowles OMM-618 Strategic Management in Human Resources Management Instructor Prof. Maja Zelihic May 12, 2015 Executive Summary As Capital Equipment Leasing continues to grow, the need to establish a more mature HR Development program that responds to the company’s needs to succeed in a fast growing market. Traditional values include optimism about the future. The contents of this report areRead MoreDo Personality Based Human Capital Resources Matter At Firm Performance?856 Words   |  4 PagesTaking it to Another Level: Do Personality-Based Human Capital resources Matter to Firm Performance? Per the article, â€Å"Do Personality-Based Human Capital Resources Matter to Firm Performance?† Kim, Oh, Van Iddekinge (2015) said that based on recent human capital research, ASA theory, and SHRM scholarship, personality-based capital resources in the forms of organization-level mean, variance, and their interaction matter to firm performance. Their study showed that when an organization carefullyRead MoreThe Challenges Faced By The Managers Of Companies With Other Areas Of Their Business Essay1227 Words   |  5 PagesAbstract: Human Capital is the most sought after resource today for the whole business world when compared to any other resource. In fact, it has become the most critical resource across the globe. Organizations, big or small, are only capitalizing on the human potential, their strengths and their core competencies to achieve a remarkable competitive advantage. Organizations strategize on different areas of their business. But there may be many challenges that they have to confront while meetingRead MoreImportance of Human Resource Management Essay1177 Words   |  5 PagesHuman resource is the most valuable asset of an organisation as it is the source of operational performance and competitive advantage in an organisation. An asset, by definition, is a useful or valuable thing or person. An organisation comprises of three types of assets, namely; financial assets, physical assets (infrastructure and equipment), intangible assets. Intangible assets include intellectual capital (patents, copyrights and trademarks), social capital and human capital. The creative thinkingRead MoreWhat Are The Impact Of Human Capital Accounting On ShareholdersValue Of Oil And Gas Companies?1405 Words   |  6 PagesHUMAN CAPITAL ACCOUNTING AND SHAREHOLDERS’ VALUE OF LISTED OIL AND GAS COMPANIES IN NIGERIA Abstract This study evaluated the effect of human capital accounting on shareholders’ value in oil and gas companies in Nigeria. This is with a view to providing information on how costs incurred on personnel could be identified, measured and disclosed on the statement of financial position of companies as an asset which is the key factor to the successful operation in oil and gas industry. The study madeRead MoreCreating A Learning Organization?1279 Words   |  6 Pagesgather intellectual capital, the human relations activity, relationship capital, and organizational capital, in such a way as to highlight and answer the following questions: †¢ What are the characteristics of a learning organization? †¢ How can an organization employ intellectual capital in order to create a learning organization? †¢ How can an organization utilize human relations, in order to create a learning organization? †¢ How can an organization best harness relationship capital to create a learning