Ways to Enhance Human Capital Development
Auto Beauty Business Culture Dieting DIY Events Fashion Finance Food Freelancing Gardening Health Hobbies Home Internet Jobs Law Local Media Men's Health Mobile Nutrition Parenting Pets Pregnancy Products Psychology Real Estate Relationships Science Seniors Sports Technology Travel Wellness Women's Health

Ways to Enhance Human Capital Development

Human capital development is essential and beneficial to both the employee and the employer because it aims at enhancing employee productivity through proper knowledge acquisition.

Human capital development is essential and beneficial to both the employee and the employer. It creates avenues to enhance employee skills and helps in enhancing employee zeal and motivation. The resultant effect would be greater staff loyalty and enhanced productivity. It is important for an organization that values growth to engage in the human capital development as it not only increases the skills of its workforce but it also serves as a morale booster and gives employees a sense of belonging and self fulfillment.

Here are simple ways of achieving human capital development.

Orientation Programs

The purpose of an orientation exercise is to enlighten new employees on their new working environment. They gain valuable insight on the organization, its business philosophy and its products or services. They also get to know key members of staff, the management chain of command, the various departments or sections and how they are interlinked.

Workshops

A workshop is an avenue used to teach staff new skill sets. For instance, An IT Company looking to expand its business dealings could opt to have some of its employees attend a Data Management workshop. The aim would be to better equip them for the impending expansion.

Seminars and Lectures

These are quite similar to the workshop exercises. They provide the employee a platform to network with experts bearing similar job functions from other organizations. A properly conducted lecture or seminar could lead to an exchange of ideas, tips or techniques which would enhance the employee’s efficiency on the job.

Job Rotation Exercises

Job rotation exercises are an essential part of human capital development. Imagine having a receptionist assuming the role of a quality controls manager. Without having proper exposure to this position, such a shift would be both stressful and disastrous. The essence of job rotation exercises is to acquaint the staff with the functions and activities of any given job function within the organization. This leaves the employee better exposed and equipped for any challenges that may be encountered on the job in the future.

The ultimate goal of any human capital development is to enhance productivity through knowledge acquisition. In the long-run, both the employee and employer have something to gain from it.

Shopping online? Find the latest coupon codes for hiring & payroll brands and score big discounts on your favorite brands. Shop through our partner network for the best discounts on popular hiring & payroll stores with exclusive discounts, site-wide promo codes, and single-use codes.
Need an answer?
Get insightful answers from community-recommended
experts
in Human Resources & Payroll on Knoji.
Would you recommend this author as an expert in Human Resources & Payroll?
You have 0 recommendations remaining to grant today.
Comments (9)

Excellent ideas and presented so well. thank you.

Thanks Roberta. I'll ensure I keep up the good work.

Good afternoon, thanks for this terrific article. I think job rotation is a very important concept for large organizations in particular. Have a great day:)

Hi Kerry, you are right. Job rotation would give an employee the needed exposure with still utilizing their skills and talents.

Very good points there :D Buzzing this up :D

Very well done! It's apparent that you possess acute knowledge and expertise in this area. Thanks for posting Voted up! ;~))

This is outstanding work.

Very Good work here Charles.

Thanks to everyone for the uplifting words of encouragement.

ARTICLE DETAILS
RELATED ARTICLES
RELATED CATEGORIES
ARTICLE KEYWORDS