
Human Resources And Labour Relations Management
February 13, 2025 at 09:46 PM
Human capital management
The human capital of an organization consists of the people who work there
and on whom the success of the business depends. It has been defined by
Bontis et al (1999) as follows: ‘Human capital represents the human factor in
the organization; the combined intelligence, skills and expertise that gives
the organization its distinctive character. The human elements of the organi-
zation are those that are capable of learning, changing, innovating and
providing the creative thrust which if properly motivated can ensure the
long-term survival of the organization.’
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