Human Capital

Human Capital

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    Emeline Schindler
    (not a XING member)
    From Human Resources to Human Capital: New HCI Blog
    From Human Resources to Human Capital

    Blog: Author: Ron Thomas | Source: HCI | Published: 2 days ago


    " Human Resources is a relative modern term coined from all indication in the 60’s. It was previously known, possibly since its inception, as “Personnel.” During this transformation, HR was basically an administrative function charged with a range of worker-related processes. This same model is still in existence in some companies today if you can believe it. They have plodded along feeling very comfortable in that space and some would stay there if circumstances had not changed. Because of the economic turmoil, their ground has shifted.

    With the economic fallout there is a distinct need for a more strategic approach. Meanwhile we have all heard and read about our profession wanting that seat at the table. We wanted a brand as strong as marketing and finance. Because of this “perfect storm,” for all that wanted that new place on the corporate totem pole, your wishes have been answered." - Ron Thomas

    To read more visit the blog here: http://bit.ly/ad58vx

    Have you noticed this transformation in HR? How would you differentiate between Human Resources and Human Capital? Do you think that this is an important change?