How do you see the potential of an understanding of human capital and its impact on the organization growing in the future?

Attached to this post, there is a brief article, “In the Decade of Human Capital, HR Must Lead,” which contains the remarks made by Hank Jackson of the SHRM, at a recent international conference.  Please read the entire article and then think specifically about one of his remarks:

“…we are in the decade of human capital, a time when talent is seen as the real power behind business and organizations are drawing clearer lines between people strategies and business success.”

You know…Human Capital (HR) was not always viewed as a strategic function; to the contrary, many people thought of HR as an expense.  As ineffective.  Sadly, the list could go on.

Look through your text, think about the article, and tell me why you believe this is an exciting time in human capital–and not mean just why it’s a great time to study human capital (it is), but how do you see the potential of an understanding of human capital and its impact on the organization growing in the future?

Your post should reflect your thoughts on human capital, the text, what we may have discussed in class, and the content of others’ posts.

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