Human Capital: What It Is and Why People Invest It

Human Capital: What It Is and Why People Invest It
ISBN-10
0787940151
ISBN-13
9780787940157
Series
Human Capital
Category
Business & Economics / General
Pages
251
Language
English
Published
1999-03-19
Publisher
Wiley
Author
Thomas O. Davenport

Description

Although much has been written to encourage organizations to treat employees as assets, this book argues persuasively for recognizing the worker as the investor. Davenport underscores a fundamental reality of the workplace: work is a two-way exchange of value, not a one-way exploitation of an asset by its owner. Offering a fresh new lens for viewing the realities of today's workplace, this book accurately captures the look of the new employee/employer relationship and the best practices for hiring, developing, and preserving a first-class workforce. Davenport's ideas bring together the key notions of human resources, conflict resolution, and management. He then demonstrates how to put into action the employment practices that provide the employer with organizational value and the employee with a satisfying return on his or her investment.

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