Human Capital Development

Author(s):  
Anthony Lewis

This chapter is in the area of human capital development in United Kingdom (UK) enterprises and investigates innovative methods involving an evolutionary approach. The objective is to investigate the importance of human capital development in terms of employee recruitment and selection, engagement, and the management of human capital. The research question asks, How important are these themes to human capital development? The chapter presents a collection of 12 research studies in three themes of human capital development. These are Theme 1: new forms of recruitment and selection; Theme 2: employee engagement; and Theme 3: leadership and stress management. Several methodologies have been used in the studies reported and these include case study research, mixed methods, primary and secondary data, qualitative research, questionnaire survey, semi-structured interviews, statistical evaluations, and survey research. Findings presented in the 12 studies provide evidence of the importance of human capital development in terms of employee recruitment and selection, and engagement.

Unity Journal ◽  
2021 ◽  
Vol 2 ◽  
pp. 41-53
Author(s):  
Bikash Gayawali

In the present context of Nepal, moves towards sustainable development, poverty alleviation, and employment generations in the country are the common expectations of all Nepalese people. Some innovative development strategies are essential to materialize the vision “Prosperous Nepal and Happy Nepali”. Development Army can be a novel concept to build up the foundation for sustainable development and upliftment of Nepal from developing country to developed country. In this concept, additional branch of the Nepal Army trained with a specific set of skills will specialize in mega-hydroelectricity generation and transmission, construction of mega-highways and human capital development. The research question of this article is formulated as “Is concept of Development Army viable for instantly responding to the needs of development and prosperity in present context of Nepal?” The major objective of this article is to create a spark in the mind of readers on importance of Development Army to combat major problems like poverty, unemployment, foreign employment and relative inefficiency of bureaucratic and private sectors to bring economic growth and climacteric changes in the country. Due to exploratory nature of the study, eff ort is being made to find new insights on involvement of Nepal Army in development activities with the help of secondary data. The major finding of this article is that the exquisite and valuable Nepal Army has huge potential to contribute in the development of Nepal by designing Development Army. It can be utilized in infrastructure development and skill based human capital development with the help of respective divisions.


Author(s):  
Eric Kong

Social enterprises are a hybrid form of organizations that enact nonprofit and for-profit activities simultaneously. Like their nonprofit and for-profit counterparts, social enterprises are facing the same challenges, if not more, in a turbulent economy. This chapter aims to examine how structural capital assists social enterprises in the development and management of human capital in today's competitive environment. Based on 22 qualitative in-depth semi-structured interviews across 10 social enterprises and nonprofit organizations that perform social entrepreneurship in Australia, the findings suggest that structural capital helps social enterprises in facilitating human capital development and management for innovation. Thus, the study contributes to the literature by arguing that structural capital plays an essential role in social enterprises. Strategies should be developed for a more balanced development of intellectual capital if an intellectual capital-based view of the firm is to be fully integrated.


2021 ◽  
Vol 11 (1) ◽  
pp. 20-32
Author(s):  
Lorena Çakërri ◽  
Oltiana Muharremi ◽  
Filloreta Madani

Over the past three decades, Albania has had positive and increasing foreign direct investment (FDI) inflows that have brought significant changes in many economic sectors. The paper’s purpose is to analyze the dynamic relationship between FDI and economic growth, particularly emphasizing absorption capital variables. The research question is if the human capital development level, technological development, trade openness, public expenses, and financial system development in Albania help or hinder the materialization of the expected positive effect of FDI on economic growth? We used empirical analyses to evaluate these relationships based on the model created by Borensztein, De Gregorio, and Lee (1998). We changed a few variables in the model, and we used the multivariate vector autoregressive (VAR) model and the vector error correction model (VECM) to analyze the variables’ causal relationships. Some of the results achieved are consistent with other authors’ findings, so human capital is considered an essential element of host countries’ absorptive capacity. In the long run, in Albania, the FDI’s impact on economic growth positively affects human capital development, especially on knowledge and expertise and financial system development. However, the technological difference index gives a negative long-term impact on economic growth, and trade opening is statistically insignificant.


Author(s):  
Eric Kong

Social intelligence can be interpreted as one’s tacit knowledge, ability, and skills to sense and understand the needs of external stakeholders, and constantly interact appropriately with the stakeholders for the benefits of the firm. Based on 25 qualitative in-depth semi-structured interviews across 15 Australian organisations, this chapter examines the role of social intelligence and argues that social intelligence acts as a catalyst to external knowledge acquisition, which can have a dynamic influence on human capital and organisational learning that lead to innovation in organisations. The analysis also reveals that the participants’ understandings of social intelligence were different from those contained in the literature. This chapter argues that the implications of the theory-practice divide of social intelligence in organisations cannot be undermined, and a better understanding of the concept is necessary if knowledge management, organisational learning, and an intellectual capital-view of the firm are to be fully integrated.


Author(s):  
Eric Kong

Social enterprises are a hybrid form of organizations that enact nonprofit and for-profit activities simultaneously. Like their nonprofit and for-profit counterparts, social enterprises are facing the same challenges, if not more, in a turbulent economy. This chapter aims to examine how structural capital assists social enterprises in the development and management of human capital in today’s competitive environment. Based on 22 qualitative in-depth semi-structured interviews across 10 social enterprises and nonprofit organizations that perform social entrepreneurship in Australia, the findings suggest that structural capital helps social enterprises in facilitating human capital development and management for innovation. Thus, the study contributes to the literature by arguing that structural capital plays an essential role in social enterprises. Strategies should be developed for a more balanced development of intellectual capital if an intellectual capital-based view of the firm is to be fully integrated.


2015 ◽  
Vol 5 (1) ◽  
pp. 1 ◽  
Author(s):  
Godfrey Oshilim Nkogbu

This study examined enhancing sustainable economic growth and development through human capital development in Nigeria. Primary data were collected through structured interviews from 296 respondents via questionnaire.The survey research design was used to collect data for the study. Data collected were analyzed using simple percentage (%), mean score (x) and chi-square (X2). Results of the findings showed that human capital development plays a critical role in economic growth and development; investment in human capital development will result in improved economic growth and development and that economic growth and development cannot be sustained without human capital development.The study concluded that to enhance and sustain economic growth and development, and for human capital to have an impact on economic growth and development, Nigeria needs to invest more on its human capital development as well as the provision of opportunities for developed human capital to express their skills, knowledge and abilities. The study suggested that more priority should be given to human capital development as well as the educational sector and human capital development should be the responsibility of all and sundry and not government/organizations alone. 


2007 ◽  
Vol 36 (4) ◽  
pp. 539-560 ◽  
Author(s):  
COLIN LINDSAY ◽  
RONALD W. McQUAID ◽  
MATTHEW DUTTON

AbstractThis article analyses recent developments in policies to promote the employability of unemployed and economically inactive people in the UK. It discusses the extent to which these policies reflect the dominant approaches of ‘Work First’, where programmes focus mainly on compulsory job search and short-term interventions to facilitate a quick return to work, or human capital development (HCD), where programmes tailor services to promote longer-term skills and personal development. Specifically, the article reports on case-study research into two recent pilot initiatives: Working Neighbourhoods (which targeted a range of intensive services in neighbourhoods characterised by high levels of inactivity) and Pathways to Work (which combines employability services and cognitive behaviour therapy-type approaches to help clients to manage health problems). While both pilots have retained strong Work First features, they potentially represent a shift towards a more HCD-oriented approach, through the delivery of more holistic ‘coping and enabling’ services. However, there remain concerns that, as with previous progressive policy initiatives, the positive lessons of these pilots will not be fully mainstreamed. We conclude that, if the UK is to balance Work First compulsion with high-quality services delivering progress in the labour market and HCD, a strengthening of ‘coping and enabling’ interventions is required, alongside a renewed commitment to training.


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