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Article
Human Capital Development and Organizational Performance: A Conceptual Review
International Journal of Innovative Research & Development (2019)
  • Daniel Adofo Kwakye Ameyaw, Adventist University of the Philippines
  • Williams Kwasi Peprah, Valley View University
  • Isaac Anowuo, Adventist University of the Philippines
Abstract
The business environment within which organizations compete is becoming more hyper-competitive given fast technological advancement and globalization. Organizations need to create and sustain competitive advantages to survive. Organizations that thrive are those that can create capabilities and competencies that are hard to come by, difficult to imitate, nonsubstitutable and able to create substantial value for their clientele. The attainment of such a feat requires the systematic development of its human capital as it represents the most dynamic resource among all the resources owned by the organization. Developed human capital creates value and generates revenue, able to spot opportunities and take advantage of them, able to develop and implement strategies that make the organization a market leader, and ultimately optimizes organizational performance. Human capital consists of knowledge, skill, and experience. Human development is achieved through coaching, training, and development, empowerment, delegation, and participation. 
Keywords
  • Human capital development,
  • human capital,
  • organizational performance,
  • human development
Publication Date
January, 2019
DOI
http://dx.doi.org/10.24940/ijird/2019/v8/i1/DEC18038
Citation Information
Daniel Adofo Kwakye Ameyaw, Williams Kwasi Peprah and Isaac Anowuo. "Human Capital Development and Organizational Performance: A Conceptual Review" International Journal of Innovative Research & Development Vol. 8 Iss. 1 (2019) p. 49 - 54 ISSN: 2278-0211
Available at: http://works.bepress.com/williamskwasi-peprah/42/