Preface

This new book focuses directly on how to develop a human capital (HC) strategy in today’s turbulent and changing environment. Too often, HC strategy encompasses a classic and traditional approach to human resources (HR): recruiting the best people, preparing them for assignments, motivating them for high performance, and retaining them for several years. While this is all necessary, it is more helpful to have a strategy that fits into the current environment and context. An HC strategy must effectively address the demographic changes in the workforce, current skill shortages and mismatches in labor markets, societal and structural shifts in organizations, the persistent energy crisis, globalization, and important environmental challenges. ...

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