The Human Capital 2

In my last post, I wrote about the main components of human capital. These components are education and behavior. Education implies in traning that leads to your area of expertise or specialization. Education is composed of formal and informal education. Formal education is the one we receive in a formal setting such as primary, secondary, and college level education. Informal education is the specific training generally provided or sponsored by corporations. Higher level of education is very important so corporations can have laborforce that can solve problem and not rubber stamp style. Secondly, we are in a knowledge economy. The more knowledgable the laborforce, the more productive and effective it is. It is also more innovative and can withstand the competition. Knowledge requires continuous learning and this must be provided by corporations so their products and services cannot be taken over by the competitor. The money invested in education brings return to companies.
     The second component of human capital is the behavior. Behavior or comportment implies how you take your job. Do you take it serious or just to pass time? Do you consider your job as the only option? Do you dedicate 100% to your job or less? How do you relate to your colleagues and your clients? How often have you been late at work? All these questions say something about you. If you are committed to your work, always on time and relate well with others, there is a high probability that your company will not lose its business. 
     In summary, good education and good behavior ensure a high level of human capital of an organization, and consequently, its success. What type of human capital does your organization have? Think about this!