Question

·        Some leaders place a great emphasis on developing superior human capital. In what ways does this help a firm to develop and sustain competitive advantages?

Answer 1

Human capital management has become an integral part of organizations as they look after the well being and hygeine of the organization by valuing and sfaeguarding the interest of the employees. Leaders today believe that in order to run an organization it is very much important to consider employees as an important stakeholder and hence the hman capital management or human resource is important so that they believe that they are valued and given inportance, along with that they also okay the role of strategic oartners as well so that they can provide benefit to the employees and the otganization at the same time.

An effective human capital ensure that the organization is preferred by employees and also attract more skilled labors which will give benefit to the organization as employees will prefer in such an organization as they know that they can report and communicate the issues that they might experience