Human capital

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Back to Action fields - Organisational futuring

Description

What is human capital?

Human capital is a concept used by economists and social scientists to designate personal attributes considered useful in the value creating process. It encompasses employee knowledge, skills, know-how, good health, and education, to name a few.

Thinking about the concept

A visual thesaurus search is always an excellent starting point to discuss a concept definition:

HUMAN
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Thesaurus - Synonyms, Antonyms, and Related Words (freethesaurus.com)

Relations of Human capital within Organisational futuring (and Corporate futuring)

EGM - Of - Human capital - 3D - ENG.jpg

There exists a close vertical relationship within Organisational futuring:

On the Outer focus level, an affiliation exists with:

Corporate futuring and Organisational futuring intertwine, on the Outer focus level, through:

In concrete terms, this means:

  • The trio - 'Motivation', 'Talent development' and 'Human capital' - is inextricably linked.
  • Your 'Human capital' contributes substantially to 'Requisite organisation', 'Activa- & enablers management' and 'Compliance management'.
  • Furthermore, 'Human capital' is part of the Outer focus level where 'Organisational-' and 'Corporate futuring' meet.

Questions we can ask ourselves when contemplating our Human capital

  • Supports our 'Human capital' our 'Requisite organisation', our 'Enablers' and our 'Compliance'?
  • Are our idea's about 'Human capital' based on 'Talent development' and 'Motivation'?
  • Is our 'Human capital' robust enough to generate 'Motivation'?
  • Is our 'Human capital' keen enough to support our 'Operational Strategy' and our 'Business model'?
  • Is our 'Human capital' a collider or a mediator between our 'Requisite organistion' and our 'Compliance management'?