Essay specific features
December 23, 2015
No of pages / words:
30 / 8139
Rating of current essay:
Let's step back to quantify more precisely what it means to have human capital, to
attract and retain it.
The human capital can be defined as "the knowledge that individuals acquire during their life and
use to produce goods services or ideas in market or non-market circumstances."
Good managers know that measurement is a prerequisite for good management: We've heard the
axiom that, "What gets measured gets managed...
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because most organizations' systems of measurement, shaped in part by accounting and reporting
requirements, are still unduly influenced by measurement concepts dating back to the industrial
era when physical capital was the primary source of wealth creation. Using these out-of-date
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