Human Capital
All enterprises require human capital. Human capital can be increased if an enterprise maintains or improves the capacity of its workforce and/or members (in terms of their skills, qualifications and technical capabilities). Human capital can also be considered in terms of an enterprise's/project's impact on the health and well-being of the people who interact with it. If an enterprise or project deskills its workforce and/or members and/or customers, or harms their health, then this degrades human capital. Deskilling in one area can be offset by retraining, education and professional support in new areas. When considering human capital, think about the impact of your enterprise/project on the skills, capabilities and well-being of people. Human capital equates to workers’ health, skills and abilities.
Return to Capital
