DeutschHuman capital management
Competitive advantages through Human capital management
Human capital (HC) is the knowledge, capabilities and attitudes with which- the employees provide their companies and
- which are critical for the future competitive ability of the company.
Strategic dealings with human capital is gaining in importance as a competitive factor for companies …
- When competing for the sales markets (product advantages require competence advantages)
- When competing for the money markets (IAS, accounting guidelines, Basel II, US GAAP)
- When competing for the human resources markets (generation X, Y…; the age pyramid, globalisation)
Companies which offer human resources attractive incentives
- will create advantages for themselves,
- develop human resources with regard to future competence advantages and
- prove and document the resulting human potentials regularly.