Human capital development requires a commitment to employees and ensuring that their skills are aligned to the needs of the organization and in turn to the needs of industry environment/market. Because technology is zooming and AI has come on board it is important for companies to not neglect the human capital side of their business model. Leading edge companies are going to hire highly skilled employees and train them further into organizational needs.
One of the reasons why companies may be investing in training and supporting education is because there is a return to their bottom line. Technology may increase productivity but it is still the human capacity that creates leading edge products and/or uses that technology well. Encouraging training of different forms leads to short and long term productivity boosts as skills learned are implemented and generalized learning develops the whole person.
According to the study below one would want to understand employee commitment, training needs analysis, and development people to create performance feedback and training programs that leads to stronger strategic human capital performance outcomes. Reading and staying on top of new research helps executives to further develop their talent. They call this staying on top of the literature.
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