HUMAN CAPITAL AS AN ELEMENT OF THE ENTERPRISE STRATEGIC POTENTIAL

N. R. Kelchevskaya () and I. M. Chernenko ()

Russian Journal of Industrial Economics, 2015, issue 2

Abstract: The modern industrial enterprise targeting sustainable development undergoes the constant transformation connected with the better use of resources and raising effectiveness. The effectiveness of transformation directly depends on the intellectual potential of the society, logically, the substantial part of economic transformation must target the human capital development. The present study considers the analysis of theoretical and practical approaches to strategic management of the human capital under domestic conditions and evaluates the human capital as the element of the strategic potential;. The evaluation method proposed puts the attention to the qualitative and quantitative characteristics of the human capital strategic management in an industry enterprise. The author regards both traditional indexes of the human capital such as the volume of investments in the employees education and the share of employees who underwent the teaching and such important indication as the social investment. In the course of the study the data of financial and other reports of 4 large Russian metallurgical companies in 2008-2011 were taken.The author proposes for the future analysis of the human capital as an element of strategic company’s potential to put a special attention to the evaluation of the human capital contribution compared with the other elements of the enterprise’ strategic potential. Besides, when collecting data reflecting the effectiveness of the company investment in the human capital, it appears interesting to study interrelation between financial indexes and indexes of human capital development , as well as to compare integral indexes from other industry branches

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2015:id:211

DOI: 10.17073/2072-1633-2014-2-10-23

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