Please help me with the following problem.
I need help to support the claim that human capital theory fails to explain the relationship between skills and the economy.© BrainMass Inc. brainmass.com October 25, 2018, 7:11 am ad1c9bdddf
You probably already know that I cannot do the work for you, but I might be able to "kick start" your brain to put out a good answer.
Human Capital Theory (HCT), as you also probably know, makes a clear connection between public and private investment in skills education and (later) increases in both personal income and production.
Learning on the job does cost - but HCT holds that it will pay better dividends later.
The greater the investment in HR (and training programs in general), the better the "fit" between jobs and the population at large.
Check out two ...
The following posting helps support the claim that human capital theory explains the relationship between skills and the economy. References are included in the solution.
The Human Side of Change
THE HUMAN SIDE OF CHANGE APPLICATION:
Need assistance in developing a four to five page paper on the impact of change on the human capital. You need to select a change initiative (one in your own company or one discussed in the popular media). Analyze how a change initiative was handled (from the human side of change).
a. What concepts from the change theories were used?
b. How was resistance addressed?
c. What leadership styles were used?
d. How effective was the company or leader at managing the human side of the change initiative?
e. What were the overall results? Did the company lose unavoidable productivity, money or people during the change?
Your recommendations - should this type of change initiative happen again, what you would recommend the company do to effectively manage the human side of change in the future.