1.EXECUTIVE SUMMARY The onset of globalisation has caused many organisations to find themselves dealing with an increasingly competitive business environment. In general, almost all organisations in global are increasingly becoming more aware of the importance and the value of human capital. Generally, human capital entails great expense on company's expenditure. Research shown that most organisations believed human capital can bring them success and sustainable competitive advantages. Human Resource (HR) departments are responsible in the development …
showed first 75 words of 2845 total

showed last 75 words of 2845 total
…human capital effectively and efficiently within the organisation. The performance created by employees will add to the momentum for the development of skills in managing and taking strategic advantage of a diverse workforce with all their ability. Furthermore, HRM professionals also have to be able to provide meaningful jobs, a challenging environment, and offer the flexibility to accommodate the needs of their employees. By doing so, it will determine the future competitiveness of the organisation.