Unlocking the Power of People: Transforming Human Capital into Value
The article "Human Resources or Human Capital?: Managing People as Assets" discusses how managing people effectively can drive value for organizations. It emphasizes the importance of human capital management in maximizing the value individuals bring to the organization. The key focus is on the capability, commitment, and productivity of people, which are crucial for success in both public and private sectors. The article provides insights on creating a framework of measures for performance management and highlights the strategic importance of HR in becoming a valuable business partner. Ultimately, the goal is to enable managers to achieve their goals through their people and add value to all stakeholders of the organization.