Human Capital Management Requirements in Business Organisations:Concepts and Contexts
DOI:
https://doi.org/10.52152/as98zb60Keywords:
Human capital, human capital investment, human capital management, individual capacities, intellectual assetsAbstract
The great importance of the human resource with the skills and abilities it possesses urged scholars to consider itas the basis and the first element in boosting the economy and society. Nowadays business organizations encounterlarge challenge and big pressure because of the continual and quick changes in the business such as globalization,openness, markets liberalization, technological progress in addition to the individual capacities and ambitiondevelopment. These urged organizations to shift their interests from material assets to intellectual assets that areseen as the most important factor of success and excellency.Nowadays human capital plays an important role in the success of organizations. It makes them unprecedentedlydistinguished in providing high quality inventions and innovations. This ultimately makes them the principal keyto success. In this complex situation, the interest in and the management of human resource have become necessaryas it encompasses a power of invention and innovation with the possibility of developing to become a difficult toolto imitate.
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Sterman, J. D. (2000) Business Dynamics: Systems Thinking and Modeling for a Complex World. Boston, MA: Irwin/McGraw-Hill.
Škraba, A., Kljajić, M., Papler, P., Kofjač, D. & Obed, M. (2011) Determination of recruitment and transition strategies. Kybernetes, 40(9/10), pp. 1503-1522.
Venice Commission (2007) Can Excessive Length of Proceedings be Remedied? Collection / Science and Technique of Democracy, No. 44. Strasbourg: Council of Europe Publishing.
Virant, G. & Kovač, P. (2010) Reducing Administrative Burdens as Part of the »Better Regulation« Programme - the Case of Slovenia, Lex Localis - Journal of Local Self-Government, 8(4), pp. 369-390.
Vodovnik, Z. (2013) Employment Relationships in the Public Sector – A Balance between the State, Local and Autonomous Regulations, Lex Localis - Journal of Local Self-Government, 11(3), pp. 497-512.
Vukovič, G., Završnik, B., Rodič, B. & Miglič, G. (2008) The training of civil servants in the Slovene state administration: issues in introducing training evaluation. International Review of Administrative Sciences, 74(4), pp. 653-676.
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Human Capital Management Requirements in Business Organisations:Concepts and Contexts. (2025). Lex Localis - Journal of Local Self-Government, 23(11), 2160-2166. https://doi.org/10.52152/as98zb60
