Human capital
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Chapter 3 - Experiential Growth Method® - Deeper dive - Action field
Back to Action fields or Book content
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Welcome to the Human capital page
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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.
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Thinking about the concept
A visual thesaurus search is always an excellent starting point to discuss a concept definition:
| HUMAN |
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| https://www.freethesaurus.com/human |
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Relations of Human capital within Organisational futuring (and Corporate futuring)
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There exists a close vertical relationship within Organisational futuring:
- Outer focus: Human capital
- Other focus: Talent development
- Inner focus: Motivation
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On the Outer focus level, an affiliation exists with:
- Requisite organisation
- Activa- & enablers management
- Compliance management
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Corporate futuring and Organisational futuring intertwine, on the Outer focus level, through:
- Operational strategy
- Financial management
- Commercial management
- Business model
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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.
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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'?
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