The New Science of Human Capital

An interview with John Boudreau, Professor, University of Southern California's Marshall School of Business. The key to staying competitive? Invest in your strategic pivot points--roles where improved performance would make the biggest difference to executing your strategy.

Category:

People & Blogs

Tags:

• john
• boudreau
• usc
• marshall
• school
• business
• strategy
• competition
• performance
• harvard
• publishing

[StroonsGlen]

As competition for top talent increases, companies must recognize that decisions about talent and its organization can have a significant strategic impact. Gawin itong Capital.

[katheryncruz24]

I need focus!

[pamelbia2011]

Focus on your strengths. Make them even stronger.

[mba2ceo]

99.9% of slaves have NO distinct talent. ALL BS ... hiring is all about likability or connections.

[Ravengaurd6]

@richmcduck it's sensible and efficient for the price system to be paid in what ones labor earns him. skilled labor is worth than unskilled labor and earns more. it doesn't take skill to wash dishes. You can. I can. Now,if you take out 10 years to learn economics and I don't, you'll be a person skilled in economics and I won't. there are a lot of people who can wash dishes but not that many can read markets like an economist there fore your skill is precious and worth higher pay. bye love!

[Ravengaurd6]

@richmcduck it's not elitist at all. It's meritocracy. individuals that bring something worthwhile to the table get rewarded according to the applied worth of the good or service that they have brought. therefore you get $10.00 an hour for cleaning bathrooms and $14,000,000 an hour for inventing the internet.

that's why you get paid $20.00 an hour to clean a patients body and $120.00 for conducting brain surgery.(these are not actual wages or straight forward examples but you catch my drift)

[richmcduck]

@Ravengaurd6 more freedom for some then others because their practical worth is valued more?? sounds Elitist

[Ravengaurd6]

@richmcduck it sounds bad but it's not. tobe able to create high human capital within oneself is to have more freedom than most people because your practical worth to your fellow man is enough to allow you basically choose what you want to do with your life and always be able to put food on the table, water in the tap and a car or two in the garage.

human capital is the ability to satisfy the needs of your fellow man so that he awards you for you skilled work.

[cyawhr]

Nicely done overview of strategic planning

[richmcduck]

People as Capital? sounds like a type ownership on a person.