Human Capital
Subtitle: What It Is and Why People Invest It (The Jossey-Bass Business & Management Series)
Publisher: Jossey-Bass
Published: March 19, 1999
Language: eng
Format: Hardcover
Number of pages: 272
ISBN-13: 9780787940157
Subjects: Personnel & human resources management; Personnel And Human Resources Management; Business & Economics; Business / Economics / Finance; Business/Economics; Personnel management; Entrepreneurship; Human Resources & Personnel Management; Business & Economics / Human Resources & Personnel Management; Human capital
First sentence: As stressful as today's workplace has become, most of us do not have to worry about being eaten alive by rats.
Description: "Shifting labor markets have taught managers this lesson: as workers gain power in negotiating the terms of employment, they behave less like assets, and more like free-agent owners of investable capital. Their capital is the ability, behavior, effort, and time they contribute to a company. Like players in any market, they expect a healthy return on their investment." "In Human Capital, author Thomas O. Davenport explores this worker-as-investor notion, describing what it means to both employer and employee. Drawing from research and personal experience, he provides guidance for managers who must implement successful human capital programs. And individual employees who read the book will come away with ideas for getting the most out of work by cultivating their human capital and maximizing the return on its investment."--Jacket.