Human capital risk
Duration: 20 mins 17 secs
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| Description: | We think of effective human resource management (HRM) as the means to value creation, organisational performance and competitive advantage, however, we understand much less well how ineffective HRM can inhibit organizational performance, destroy value and competitiveness. Dr Jonathan Trevor takes the current financial crisis and explains how it is an example of a human capital crisis. He argues that it had its genesis in the failure to manage human resources effectively, be they executives of financial institutions, bankers and traders, regulators acting on behalf of government, employees in the automotive sector… not since the winter of discontent in 1979 has our economic and social well-being, societally and personally, been so dependent on how effectively people, as human capital, are managed. |
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| Created: | 2010-06-15 15:14 | ||||
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| Collection: | Cambridge Judge Business School Discussions on Organisational Behaviour | ||||
| Publisher: | Cambridge Judge Business School, University of Cambridge | ||||
| Copyright: | Cambridge Judge Business School, University of Cambridge | ||||
| Language: | eng (English) | ||||
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| Abstract: | Dr Jonathan Trevor explains why the current financial crisis is in fact a human capital crisis and why we need to develop a critical mass of understanding about human capital risk in order to fully engage in actions that are sustainable. |
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