Human Capital Production Function
GSTF Journal on Business Review
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Title |
Human Capital Production Function
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Creator |
Kesti, Marko
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Description |
In many organizations the labor workforce is thesingle most important factor for business performance, but alsothe most difficult to analyze. Traditional analyzing andforecasting methods do not explain the phenomenon how humancapital affects business economics, and therefore they are not toowidely used in strategic management. This article introducesHuman Capital Production Function (HCPF) as an analyzingmethod that combines the tangible and intangible assets ofhuman capital with financial scorecards in a way that explainsthe meaning of human resources for business performance.Intangible assets can be measured using tacit signal methodwhich can be connected to organization system intelligence. Thearticle studies HCPF validity in longitudinal business case dataand tests the use of HCPF in scenario-analyzing in a statisticalaverage business services company in the Singapore region. |
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Publisher |
GSTF Journal on Business Review (GBR)
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Date |
2017-12-28
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/757
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Source |
GSTF Journal on Business Review (GBR); Vol 3 No 1 (2013): Journal on Business Review (GBR)
2251-2888 2251-2888 |
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Language |
eng
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Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/757/700
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Rights |
Copyright (c) 2013 GSTF Journal on Business Review (GBR)
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