Indicative Method of Human Capital Management in the Planning of the Strategic Development of the Company

Abstract

In modern market conditions in the era of rapid scientific progress, the usual assessment of the market value of an organization may not give an objective assessment, which is why the concept of human capital is of particular importance. Human capital and its components determine the value of the company's intellectual and labor resources. The complex nature of human capital determines a special approach to its assessment and management. This article discusses the methodology of indicative management, whose advantages in the form of flexibility and adaptability make it especially effective for managing such a complex concept as human capital. The methodology of the approach is described from the perspective of the firm, and not the state as a whole, therefore, in the article, a number of capital characteristics will be omitted as insignificant. The data for the experiment were collected by questioning, and indicative indicators were calculated based on an expert assessment of a specific market situation, respectively, in other cases, indicators should be recalculated..

Management of Human Capital Development in the Era of the Digital Economy

“…Many scientific studies by leading foreign and domestic scientists are devoted to the processes of managing the development of human capital, including in the conditions of digitalization of the economy. Among them should be noted: Alhemairy et al [2]; Alolayyan et al [3]; Balueva et al [4]; Bhattacharya et al [5]; Gad and Yousif [6]; Hamadamin and Atan [7]; Khan et al [8]; Kucharčíková and Mičiak [9]; Mykhailov et al [10]; Naz and Muhammad [11]; Piontek F. and Piontek P. [12]; Tulchynska et al [13]; Garafonova et al [14]; Tvaronavičienė et al [15] and other.…”

“…The authors concluded that strategic personnel management has a positive effect on the development of human capital and the commitment of employees to institutions. Balueva et al [4] claim that human capital and its components determine the value of a company's intellectual and labor resources. The authors proposed an indicative management methodology based on flexibility and adaptability, which makes it particularly effective for managing such a complex concept as human capital.…”