Human capital valuation

 May 20, 2011 – 07:55 am
The Human Capital Value After having gone through the basic introduction to the course, it is only naturally to begin building the blocks on this foundation. The next section of the course has to do with organizational aspects and valuation of human capital. To further build on the first assignment wherein I used the National Open University of Nigeria, Lagos, (NOUN) as my example organization because it my my own context and because it will always help me to apply whatever I am learning to my context, I decided to continue using NOUN as my organization of choice.
o be successful in this second part, it became necessary to master at least chapters 1 and 2 of the main textbook that has to do with role of human capital in the organization and the valuation methods. I also went on the web for more articles in this area to supplement my readings in this area. From my readings it becomes clear that the importance of human capital can be seen in 2 areas:
i. the investment in equipment is useless if there is no human skill to drive it
ii. the human capital is a major key to the success of any organization as they determine the organization's social capital.
Valuation of human capital also have 2 approaches:
i. cost of production approach
ii. capitalized earnings approach
In establishing

Source: HMIC5503

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The nation's most implacable critic of U.S. foreign policy argues that the war is unjust, America is the biggest terrorist state and intellectuals always support official violence.
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By Suzy Hansen
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Suzy Hansen is an assistant editor at Salon.

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