Human Capital: Concept Theory importance and Trends

Abstract

"Human" is the "capital", which is the most important in driving the organization. Human beings are the only organisms in the world that can create multifarious benefits to the organization. More importantly, the brain that is in the human body is the internal property that will bring many benefits to the organization. In the present era, the era of change is called "globalization". Recognize that "intellectual capital" (Intangible Asset) is more important especially in society and economy. Currently, the world approaches to knowledge-based Economy. All organizations including public, private, and state enterprises emphasize on "people" management, which is an issue that every organization cannot avoid anymore.