Technology

Summary

This article talks about the importance of human capital, which is defined as recognition that people in organizations and businesses are important and essential assets who contribute to development and growth, in a similar way as physical assets such as machines and money. It looks at the expenditures you make in training and development as an investment, not just an expense. It goes on to say that a company can no longer gain a competitive edge just with a technological advance because other companies will soon gain these advances as well. To gain a real edge company’s employees must have better skills and abilities than the competitor. In summary, people should be treated as an asset rather than an expense item. Efforts should be taken to develop skills and abilities and to provide opportunities for people to maximize their contribution.

Reaction

I think this article is very true because employees are essentially the foundation of most companies. To gain success