The Human Capital

Simply stated, human capital means people. There are, however, two key principles that are central to the human capital idea. First, people are assets whose value can be increased through investment. As with any investment, the goal is to maximize value while managing risk. As the value of people increases, so does the performance capacity of the organization, and therefore its value to clients and other stakeholders. Second, an organization’s human capital policies must be aligned to support the organization’s “shared vision”—that is, the mission, vision for the future, core values, goals and objectives, and strategies by which the organization has defined its direction and its expectations for itself and its people. All human capital policies and practices should be designed, implemented, and assessed by the standard of how well they help the organization pursue its shared vision. Northwest Human Capital Group helps companies maximize their greatest asset. Their People!