The Concept of Human Capital
Defining the Concept of Human Capital in the Context of HCM The term human capital originated with Theodore Schultz (1961, 1981), who defined it by stating: “Consider all human abilities to be either innate or acquired. Attributes… which are…
Navigating the Evolution of HR: From Service Provider to Strategic Business Driver
In today’s rapidly changing corporate landscape, Human Resources functions are undergoing a critical transformation. For years, many HR teams have operated primarily as data-enabled service providers—responding to ad hoc requests, maintaining historical…