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Human Capital Management and Optimization: A Resource-Based View

Human Capital Management and Optimization: A Resource-Based View
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Author(s): Jürgen Mühlbacher (WU Vienna University of Economics and Business, Austria)
Copyright: 2012
Pages: 12
Source title: Service Science Research, Strategy and Innovation: Dynamic Knowledge Management Methods
Source Author(s)/Editor(s): N. Delener (Arcadia University, USA)
DOI: 10.4018/978-1-4666-0077-5.ch032

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Abstract

Recent work in human resource development emphasises the fact that individual skills are strongly oriented towards the future. They enable a person to tackle upcoming challenges in a self-organised manner. So both the current requirements and the skills necessary in the future have to be seen as a strategic competitive advantage for the company. This change in perspective makes it possible to use further education as a strategic instrument of management development.

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