The ultimate goal of a company is to ensure strong and sustainable growth. Growth is indeed a quantitative process characterized by the increase in size of the company in terms of products and results. It determines the survival of the company, and is also a means of measuring the goals achieved by the company, in order for it to occupy a significant competitive position in the market. Among the conditions to ensure growth and business performance, mobilizing savings is very important. Proper management of Finance is needed to invest heavily in fixed assets, machinery, high technology and modern infrastructure.
[...] Need for self : is the need to continue learning with some involvement of the taste of the effort Revelation Need : the need to communicate by revelation, to discover Physiological Needs: related to maintaining the homeostasis of the body The human capital and its role in Business Performance A. Definition of Performance Performance is a complex concept because it covers many dimensions. According to Bourguignon, the term performance can be widely used without a uniform meaning. In fact, the word performance stems from the Latin word "performare". [...]
[...] Gary Becker and his work on the concept of Human Capital The American economist, Gary Becker, won the Nobel Prize in 1992 for deepening and popularizing the concept of human capital. His work has been ignored and criticized by leading economists in the world. Prior to Becker, many researchers were interested in the theory of human capital, including Theodore Schultz, who developed the concept of "human capital" in 1961. Management scholars such as Flamholtz, Lacey, Lepak and Snell, then contributed to the dissemination of the theory and its practical use. [...]
[...] Human performance is a concern of all principal actors of the organization, be it an officer or an employee. Martory and Crozet (1988) argue that human performance is analyzed through the results obtained by the employees working on the job in a group, department or entire entity. This result is expressed by the wealth created, the value added, the additional value given to the unit and the improvement of environmental implementation. Therefore, to achieve the best results, all the components that contribute to the development of the business require knowledge, know-how, knowledge cooperation, innovation and creativity. [...]
[...] It also helps identify the skills of a worker or professional. Speaking of management skills, we are referring to the decomposition of tasks that are necessary for a process, and the know-how of how to perform these tasks effectively. A crucial task of talent management is selection of qualified people. This step can be implemented following the identification of skills needed for the office or workgroup. Once a set of people have been recruited, it is the responsibility of the Training Department or Training Staff to train these people. [...]
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