Developing Human Capital in American Manufacturing
Developing Human Capital in American Manufacturing

Author: Elaine B. Crutchfield

Publisher: Routledge

Published: 2014-01-14

Total Pages: 224

ISBN-13: 1135701822

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This qualitative case study of an American manufacturing organization describes the barriers which limited its ability to receive maximum return on its investment for training and development resources invested in their human assets. Changing global economics have forced organizations to the realization that their competitive advantage lies in developing and tapping into their human assets or human capital. Professionals, managers, human resource development specialists, and academicians alike have developed theories supporting the systematic development of human assets to improve performance and achieve organizational business goals. This book examines how one organization, typically described as a High Performance Organization, attempted to put theory into application. Specifically, the book examines the concepts of needs assessment, systems theory, organization development, human capital theory, and performance improvement. The results find a systemic failure in human asset development initiatives rooted in the failure to view the organization as a whole, systematically assess performance, and involve the entire organization in designing and implementing a holistic approach to improving performance and developing the organizations human assets. Specifically, inefficient organizational structure and lack of clearly defined business goals were significant barriers to the systematic development of their human assets.

Human Capital in History
Human Capital in History

Author: Leah Platt Boustan

Publisher: University of Chicago Press

Published: 2014-11-05

Total Pages: 419

ISBN-13: 022616389X

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This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.

Human Capital and Development
Human Capital and Development

Author: Ju-Ho Lee

Publisher: Edward Elgar Publishing

Published:

Total Pages: 431

ISBN-13: 1786436973

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During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.

Human Capitalism
Human Capitalism

Author: Brink Lindsey

Publisher: Princeton University Press

Published: 2013-05-05

Total Pages: 144

ISBN-13: 0691157324

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Why the rich are getting smarter while the poor are being left behind What explains the growing class divide between the well educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills—the right "human capital"—reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer—it is also making them smarter. As the economy makes ever-greater demands on their minds, the successful are making ever-greater investments in education and other ways of increasing their human capital, expanding their cognitive skills and leading them to still higher levels of success. But unfortunately, even as the rich are securely riding this virtuous cycle, the poor are trapped in a vicious one, as a lack of human capital leads to family breakdown, unemployment, dysfunction, and further erosion of knowledge and skills. In this brief, clear, and forthright eBook original, Lindsey shows how economic growth is creating unprecedented levels of human capital—and suggests how the huge benefits of this development can be spread beyond those who are already enjoying its rewards.

Human Capital
Human Capital

Author: Gary S. Becker

Publisher:

Published: 2009

Total Pages: 0

ISBN-13:

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A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).

Diagnosing Human Capital as a Binding Constraint to Growth
Diagnosing Human Capital as a Binding Constraint to Growth

Author: Miguel Angel Santos

Publisher: Cambridge University Press

Published: 2021-12-16

Total Pages: 72

ISBN-13: 110898231X

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The empirical literature on the contributions of human capital investments to economic growth shows mixed results. While evidence from OECD countries demonstrates that human capital accumulation is associated with growth accelerations, the substantial efforts of developing countries to improve access to and quality of education, as a means for skill accumulation, did not translate into higher income per capita. In this Element, we propose a framework, building on the principles of 'growth diagnostics', to enable practitioners to determine whether human capital investments are a priority for a country's growth strategy. We then discuss and exemplify different tests to diagnose human capital in a place, drawing on the Harvard Growth Lab's experience in different development context, and discuss various policy options to address skill shortages.

Developing Human Capital in American Manufacturing
Developing Human Capital in American Manufacturing

Author: Elaine B. Crutchfield

Publisher: Taylor & Francis

Published: 2000

Total Pages: 224

ISBN-13: 9780815335849

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Presents results from a research study aimed at better understanding the selection and implementation process for training in an American manufacturing organization. Research was conducted on one company to elicit information about the use of training as a tool to develop human assets and potential reasons behind the reported waste of resources invested in training. Includes a glossary, appendices on organizational models and business practices, and various sample forms for assessment and evaluation. Annotation copyrighted by Book News, Inc., Portland, OR

Measuring Human Capital
Measuring Human Capital

Author: Barbara Fraumeni

Publisher: Academic Press

Published: 2021-07-12

Total Pages: 224

ISBN-13: 0128190582

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Measuring Human Capital addresses a country's most important resource: its own people. Bettering human capital benefits individuals and their country and leads to improved sustainability for the future. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country's overall value. There is now a recognition that many variables contribute to a country's worth, which make accurate measurement difficult. Looking beyond GDP by focusing on human capital, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being. - Addresses six major measures of human capital, covering at least 130 countries - Describes both monetary and index estimates - Includes two monetary measures by the World Bank and the Inclusive Wealth Report by UNEP and the Urban Institute of Kyushu University - Includes four index measures by the Institute for Health Metrics and Evaluation of the University of Washington, United Nations Development Programme, World Economic Forum, and World Bank - Includes two country chapters, one on China and the other on the United States