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To survive and prosper businesses need to continually make capital investments in physical items such as machinery and equipment, real estate, and inventory. Without employees or human capital, however, none of the investments in tangible items would be of much use. Investment in human capital has become the most important investment that a company can make especially as more and more businesses produce products and services based on intellectual capital. Regardless of whether a company is producing intangible items such as software or real products such as cars, a motivated and properly trained workforce has become an essential element for business success.

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9y ago
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9y ago

Consequences for not investing in human capital including heavy skills shortages.

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Q: What are the consequences for not investing in human capital?
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