Human Capital: The Foundation of Organizational Success in 2024
Human capital is a concept related to an organization's workforce. It comprehends workers' knowledge, skills, and experience, as well as their knowledge, creativity, and abilities, and the added value the firm derives from them.
HCM stands for Human Capital Management, a strategic framework used to manage a significant business resource: talent; it all consists of a network of practices and processes targeted at delivering the employees and involving them in the organization by developing them to align with the company's objectives and beliefs.