Making Human Capital a Source of Competitive Advantage for Educational Institutions
Journal Title: International Journal of Human Resource Management and Research (IJHRMR) - Year 2018, Vol 8, Issue 2
Abstract
Traditionally, human capital has been considered as a necessary expense, rather than a source that contributes values to the organizsation.The vValue is associated with capital such as equipments, technology, and infrastructure. In recent years, numerous studies have demonstrated that spending in human capital development can be significantly valuable. Managerial decisions pertaining to hiring, reward and recognition, training and development, and evaluating employees’ performance, etc are found to directly affect employees’ motivation and improved performance, helping the firm to attain a competitive edge. In today’s competitive business world, the knowledge, talents and skills that people in a firm possess have become increasingly important elements of intangible assets, and potentially powerful source of competitive advantage. The purpose of this paper is to examine how an educational firm can invest in its human capital in order to make it a source of competitive advantage.
Authors and Affiliations
SIDDIQUE KADAVATHE, ABBAS MANTHIRI2
Keywords
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- EP ID EP350199
- DOI 10.24247/ijhrmrapr20183
- Views 105
- Downloads 0
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