Prof. Dr. Widji Astuti, MM.

Managing Human Capital

What is Human Capital Management?

In recent years there has been a dramatic shift in the way labor is pooled across the globe. The influences of technology and growth have effectively caused industry leaders to have to change their focus

 Human Capital Management, or HCM is focused on the right kind of people to get the job done and the right time.

Value Creation

HUMAN CAPITAL

STRUCTURAL CAPITAL

VALUE

PHYSICAL & FINANCIAL CAPITAL

The role of good leadership skills

The failure of good leadership in the management of human capital is one of the primary causes of bad employment processes, sagging profit margins and, potentially, the overall failure of a company.

Intellectual capital

Human Capital

Employees competences:

Professional: knowledge, capabilities, experience

Social: communication, behaviour

Relationships: (value creating) cooperation with colleagues any department, within teams or expert groups

Values: determine attitude towards work and the way people do their job (e.g. honesty)

Creativity

Imagine new methods Develop new ways of doing things Build unusual alliances

Everyone is smarter, faster Everyone is creative...only if you want to be

Only if you want to be

Nature of Value Creation of Related Services Material: financial income Non material: 1. creating social benefits
a) safety of people b) protection of life and property against natural disasters c) safeguarding the environment d) raising quality of life of people

2. economic benefits
a) protection of property against natural disasters

b) reduction of damage c) increasing number of customers ready to pay for special services