Many organizations begin to pay greater attention to non-material characteristics, such as loyalty, the ability to settle mutual relations with customers and the readiness to run risks, and also search for the ways of their formal estimation. And understanding how expensive and valuable the potential of such human traits of character is, companies transform them into something more concrete - human capital.
As far as the expression "human capital" enters the corporate lexicon, many companies are freely using this concept not taking any attempts to change or manage assets, of which they speak. As a result it becomes difficult to make a connection between workers' opinions and thoughts and the financial results, received by a company.
The concepts of human and intellectual capital are closely connected and are often mixed up. Intellectual capital is a broader conception. It includes total knowledge that an organization has in the name of its personnel, and also in methodologies, patents and relations. Human capital is everything that concerns people, their intellect, knowledge and experience. It crosses the boundaries of knowledge and skills, including other characteristics like loyalty, motivation and the ability to work in group.
The work with human capital becomes more important as on the contemporary labor market specialists have a great freedom in choice of their employers. The main reason, why people quit companies, is that they don't feel that they are needed and don't see the perspectives for the full development of their abilities. Human capital management helps to effectively use experience and knowledge of personnel and gives them possibilities to fulfill themselves. That's why it is important to introduce human capital consulting. Human capital consulting services are special organizations that help your workers to develop their skills, teach them how to achieve the best results and increase productiveness, uncover human potential using different modern psychological methods, giving lectures, motivating people.
Unfortunately, many leaders of different companies threat the idea of human capital consulting skeptically and refuse investing their money in such programs.
So, if you consider yourself a reasonable businessperson and a good leader and if you want your personnel to be satisfied with the quality of their work, make a right choice and start looking for such programs.