Short-listed: Human Capital Theory
Barry Richards, Dr. Joanna Cullinane, Catherine Naamani, University of Glamorgan
This activity enables you to consider the significance of the human capital theory and its implications for individuals and organisations by working through requests for annual training and development of staff at Brown Boat Builders (BBB). You have a budget of £5,000. You should decide which requests the company should fund, based on a combination of human capital considerations and business outcomes. This can be used as an interactive drill and practice resource or as a teaching aid on which to base a presentation. It could also be used as part of a hands-on lab session - use and discuss. The resource derives its content from an xml document. Configuring the XML allows for different organisations and situations to be represented. Modifications can be made to the effect of decisions and to the sensitivity of staff to changes in the organisation - making them more or less likely to leave the company.
Funding source: University of Glamorgan