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Chapter 1 Training & The Preparation of Human Capital - Coggle Diagram
Chapter 1
Training & The Preparation of Human Capital
Training for Improvement
Perform mission and achieve strategic goals.
Training important for organization to develop human capital & improve performance.
Does the training make an individual or group of people more productive, efficient or useful to an organization?
Challenges for organizations
Social capital
Causality. Assigning causality is a challenge because a business context is a very different social environment.
Structural capital
Why Value Human Capital?
Human capital can be developed & cultivated.
Human capital is an important indication of future business performance.
Human capital is dynamic & requires multiple indicators.
What every HR Strategic business partner should know about human capital?
Explicit knowledge critical to an organization.
Core competencies
Human competencies are dependent on tacit knowledge.
Optimizing the Human Capital ROI
Technology-based learning tools.
Human Resource Development (HRD).
On-job-training for employees is the most influential factor in the success of workplace learning.
Career pathing/competency enhancement