Human Capital¶
Human Capital refers to the collective knowledge, skills, expertise, experience, and capabilities possessed by individuals and teams within an organization. It represents the intellectual and creative assets that people contribute to organizational value creation.
In the context of Enterprise Knowledge Graphs (EKG), Human Capital needs to be known, valued, leveraged and optimized. This means:
- Known: The skills, expertise, and knowledge of individuals and teams should be discoverable and accessible through the EKG, enabling organizations to understand what capabilities exist within their workforce.
- Valued: Human Capital should be recognized as a critical organizational asset, on par with data and technology assets, contributing to strategic decision-making and resource allocation.
- Leveraged: Organizations should actively utilize Human Capital by connecting people with relevant opportunities, projects, and knowledge, enabling better collaboration and knowledge sharing.
- Optimized: Through understanding and leveraging Human Capital, organizations can improve productivity, innovation, and competitive advantage by ensuring the right people are engaged with the right work at the right time.
Human Capital complements Data Capital as a fundamental organizational asset that, when properly managed and connected through an EKG, enables organizations to make better decisions, foster innovation, and achieve their strategic objectives.