Human Capital: how important is it for innovation

shikapatho

Collaborators are essential for any type of business, after all, without them the company simply cannot function. But it is not enough to have a complete staff of employees, each with their own position and function.


It is also necessary to value and develop it to obtain the best results. If you are interested in how to do this and want to better understand the importance of human capital for innovation, continue reading this article and check out the following topics.

Unlike human resources, human capital is not limited to the  whatsapp data company's staff. But rather, the characteristics and skills of employees , not only those acquired in the current position, but also related to the experience of their entire CV.

This concept is important in the world of work because it makes businesspeople, administrators and managers see professionals beyond their roles. In other words, see them in a broader and more complete way.

By valuing the employee's capabilities, the company can help with their professional development and, consequently, reap the rewards of this investment. In this calculation, it is also necessary to consider your education and training.

With the appropriate valorization of human capital , it is possible to significantly reduce employee turnover. In addition to being expensive, changing personnel frequently is counterproductive and costly.




Why should companies value human capital?
As can already be seen, valuing human capital in companies offers a series of advantages. See below what the main benefits are:

Greater talent retention
Many professionals look for the best opportunities in the job market. Therefore, if they find a job with more benefits, they may resign , unless there are reasons to stay at the company.

In fact, if they exist, they may not even look for a new position. And one of the reasons to stay is to feel valued. Therefore, paying the necessary attention to human capital is essential to retain talent.

Permanent team improvement
Another advantage of valuing human capital is having a team that is increasingly qualified and prepared to carry out its activities. This happens because by valuing employees, they seek improvement.