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THE IMPORTANCE OF HUMAN CAPITAL

The Journey to Show the Value

This introductory chapter examines the importance of human capital and introduces several arguments for why human capital should be a reigning priority. It begins by examining the role of people in organizations and then explores issues such as how human capital is (or is not) valued. The role of human capital in highly successful organizations is highlighted in lists such as Fortune’s “100 Best Companies to Work For” and “Most Admired Companies.” In almost all cases, logical arguments point toward the importance of the human part of the organization, which contributes most, if not all, of the organization’s successes. The discussion emphasizes the value successful organizations ...

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