Chapter 3Human Capital Steward
“An investment in knowledge always pays the best interest.”—Benjamin Franklin
“Forget land, buildings, or machines—the real source of wealth today is intelligence, applied intelligence. We talk glibly of “intellectual property” without taking on board what it really means. It isn’t just patent rights and brand names; it is the brains of the place.”—Charles Handy
What Is Human Capital?
Effective adoption of the human capital steward role requires appreciation of two issues. First, there must be a clear understanding of what is meant by human capital. Second, a compelling rationale must be provided for a stewardship perspective. In this chapter, we hope to accomplish both of these purposes. We begin with a discussion ...
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