Human Capital refers to the economic value of an individual's skills, knowledge, and experience. It emphasizes the importance of investing in people to enhance productivity and drive organizational success. Companies that prioritize employee training and development often see improved performance and innovation.
Investing in human capital not only benefits organizations but also contributes to personal growth and career advancement for individuals. By fostering a culture of continuous learning and development, businesses can create a more engaged and skilled workforce, ultimately leading to better outcomes for both employees and employers.