Difference between revisions of "Human Capital"
| Line 1: | Line 1: | ||
| − | All enterprises require human | + | For FairShares V3.0a, 'Human capital' is renamed 'Human wealth'. |
| + | |||
| + | All enterprises require some human effort (which economists call ‘human capital’). The wealth provided by people (human wealth) can increase if the enterprises we work are organised to maintain or improve our skills, qualifications and technical abilities. Human wealth can also be assessed in terms of our health and well-being. In short, if an enterprise or project deskills its workforce and/or members and/or customers, or harms their health, then it degrades human wealth. Deskilling in one area can be offset by retraining, education and professional support in new areas. When considering human wealth, think about the impact of your enterprise/project on the skills, capabilities and well-being of the people affected by it. Human wealth comes in the form of workers’ health, skills and abilities. | ||
Latest revision as of 10:23, 11 February 2018
For FairShares V3.0a, 'Human capital' is renamed 'Human wealth'.
All enterprises require some human effort (which economists call ‘human capital’). The wealth provided by people (human wealth) can increase if the enterprises we work are organised to maintain or improve our skills, qualifications and technical abilities. Human wealth can also be assessed in terms of our health and well-being. In short, if an enterprise or project deskills its workforce and/or members and/or customers, or harms their health, then it degrades human wealth. Deskilling in one area can be offset by retraining, education and professional support in new areas. When considering human wealth, think about the impact of your enterprise/project on the skills, capabilities and well-being of the people affected by it. Human wealth comes in the form of workers’ health, skills and abilities.
Return to Capital
