Question: Interestingly, contemporary ideas about human resource management and developing human capital have their roots in early 20th-century research findings and theories. Attracting, developing, and retaining
Interestingly, contemporary ideas about human resource management and developing human capital have their roots in early 20th-century research findings and theories. Attracting, developing, and retaining talent may well be the most critical function of today's business leaders. Shifts in trends and other external forces (market demand, legislation, demographic and psychographic changes, globalization, technological leaps) can affect the organization's delicate balance and the knowledge that the organization's internal stakeholders require, bringing some factors outside the control of the organization. Discuss how far we have come in the past 50 years to create and develop organizations that maximize human and organizational potential to help the organization adapt and innovate?
How do managers and leaders within organizations restrict or optimize human capital energy related to diversity, inclusion, and equity? How do the organization's culture, mission, and strategic vision impact how human capital is valued? Consider other factors that impact many organizations, such as globalization of the world's economy and technology growth. Provide an example. Integrate literature and course concepts from MBA course, i.e., HBR.
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