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Maximizing Human Capital in Asia

Maximizing Human Capital in Asia PDF Author: Elizabeth Martin-Chua
Publisher: John Wiley & Sons
ISBN: 0470824794
Category : Business & Economics
Languages : en
Pages : 226

Book Description
Organizations do not fully appreciate the link between people and business. They are too driven by short-term financial pressures, resulting in the failure to acknowledge the relationship between leadership, people management processes and business growth. Last but not least, employees’ true needs are also not satisfied. What is the solution? As "growth" is the objective of all parties, HR must build an employee value proposition that would achieve this. This value proposition has to premise itself on satisfying employees’ needs that will result in highly engaged employees, who in turn will deliver high-quality products and services, bringing about happy customers. This interactive process will maximize the human capital and business growth through a strong employer and product brand. In particular, to be successful in Asia, it is important to synergize East with West in all decision making. Three approaches are recommended: Global for Local, Local for Local and Local for Global. The first is having a mindset of a global framework allowing for local customization when necessary. The second is encouraging local for local initiatives to capitalize on local advantages. The third is sharing best experiences and strengths for global benefit. In the case of talent management, organizations should strongly encourage diversity and inclusion, to take advantage of the strengths of the talents that come from different cultures–to maximize the company's human capital, from the inside out. This is a unique opportunity and should not be missed.

Maximizing Human Capital in Asia

Maximizing Human Capital in Asia PDF Author: Elizabeth Martin-Chua
Publisher: John Wiley & Sons
ISBN: 0470824794
Category : Business & Economics
Languages : en
Pages : 226

Book Description
Organizations do not fully appreciate the link between people and business. They are too driven by short-term financial pressures, resulting in the failure to acknowledge the relationship between leadership, people management processes and business growth. Last but not least, employees’ true needs are also not satisfied. What is the solution? As "growth" is the objective of all parties, HR must build an employee value proposition that would achieve this. This value proposition has to premise itself on satisfying employees’ needs that will result in highly engaged employees, who in turn will deliver high-quality products and services, bringing about happy customers. This interactive process will maximize the human capital and business growth through a strong employer and product brand. In particular, to be successful in Asia, it is important to synergize East with West in all decision making. Three approaches are recommended: Global for Local, Local for Local and Local for Global. The first is having a mindset of a global framework allowing for local customization when necessary. The second is encouraging local for local initiatives to capitalize on local advantages. The third is sharing best experiences and strengths for global benefit. In the case of talent management, organizations should strongly encourage diversity and inclusion, to take advantage of the strengths of the talents that come from different cultures–to maximize the company's human capital, from the inside out. This is a unique opportunity and should not be missed.

Human Capital Development in South Asia

Human Capital Development in South Asia PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292610392
Category : Business & Economics
Languages : en
Pages : 302

Book Description
Human capital is an important factor for economic growth in South Asia. Between 1981 and 2010, human capital contributed about 22% of annual gross domestic product per worker growth in India. During the same period, it contributed around 21% in Bangladesh, and 16% in Sri Lanka. However, education and skills remain the binding constraint. Raising the quality of education and skills in South Asia's workforce can play a critical role in catching up to the level of development of the People's Republic of China, the Republic of Korea, and other successful Southeast Asian economies. This study reviews the development of human capital in South Asia and analyzes contributing factors to human development including policies and strategies that countries in South Asia follow.

Economic Stress, Human Capital, and Families in Asia

Economic Stress, Human Capital, and Families in Asia PDF Author: Wei-Jun Jean Yeung
Publisher: Springer Science & Business Media
ISBN: 9400773862
Category : Social Science
Languages : en
Pages : 276

Book Description
This book presents recent findings about the consequences and policy implications of economic stress for human capital development and family well-being in Asia. The scope of the chapters goes beyond the impact of current financial crisis to include the effect of economic deprivation families in Asia experience as a result of job loss, low-wage employment, and catastrophic natural calamities. The studies show how macro-level economic stress can filter down through households to affect individuals’ economic and socio-psychological well-being. The chapters reveal a wide spectrum of economic stresses experienced by families in Asia that is linked to poor human capital development, emotional distress, health problems, changing fertility patterns, more frequent geographic movement, and less supportive parenting behavior. The elderly, women, children, low-skilled workers are particularly vulnerable. The economic shocks in the past several decades have exposed the vulnerability of the family institution and the weaknesses in this region’s social protection system that can lead to detrimental long-term effects on human capital development. This book is relevant for researchers and students in fields such as Family Studies, Globalization, Development, Social Problems, Social Stratification, Social Inequalities, Poverty and Welfare, Education, and Social Policies.

The Management of Human Resources in the Asia Pacific Region

The Management of Human Resources in the Asia Pacific Region PDF Author: Chris Rowley
Publisher: Routledge
ISBN: 1135755469
Category : Business & Economics
Languages : en
Pages : 206

Book Description
These papers focus upon the need to update knowledge and understanding of Asian human resource management. A model is included that can be used to make a comparative analysis of HRM in the region and to establish the various levels of change that need to be assessed.

The Human Capital Index 2020 Update

The Human Capital Index 2020 Update PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464816476
Category : Political Science
Languages : en
Pages : 301

Book Description
Human capital—the knowledge, skills, and health that people accumulate over their lives—is a central driver of sustainable growth, poverty reduction, and successful societies. More human capital is associated with higher earnings for people, higher income for countries, and stronger cohesion in societies. Much of the hard-won human capital gains in many economies over the past decade is at risk of being eroded by the COVID-19 (coronavirus) pandemic. Urgent action is needed to protect these advances, particularly among the poor and vulnerable. Designing the needed interventions, targeting them to achieve the highest effectiveness, and navigating difficult trade-offs make investing in better measurement of human capital now more important than ever. The Human Capital Index (HCI)—launched in 2018 as part of the Human Capital Project—is an international metric that benchmarks the key components of human capital across economies. The HCI is a global effort to accelerate progress toward a world where all children can achieve their full potential. Measuring the human capital that children born today can expect to attain by their 18th birthdays, the HCI highlights how current health and education outcomes shape the productivity of the next generation of workers and underscores the importance of government and societal investments in human capital. The Human Capital Index 2020 Update: Human Capital in the Time of COVID-19 presents the first update of the HCI, using health and education data available as of March 2020. It documents new evidence on trends, examples of successes, and analytical work on the utilization of human capital. The new data—collected before the global onset of COVID-19—can act as a baseline to track its effects on health and education outcomes. The report highlights how better measurement is essential for policy makers to design effective interventions and target support. In the immediate term, investments in better measurement and data use will guide pandemic containment strategies and support for those who are most affected. In the medium term, better curation and use of administrative, survey, and identification data can guide policy choices in an environment of limited fiscal space and competing priorities. In the longer term, the hope is that economies will be able to do more than simply recover lost ground. Ambitious, evidence-driven policy measures in health, education, and social protection can pave the way for today’s children to surpass the human capital achievements and quality of life of the generations that preceded them.

Tapping Technology to Maximize the Longevity Dividend in Asia

Tapping Technology to Maximize the Longevity Dividend in Asia PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929261147X
Category : Technology & Engineering
Languages : en
Pages : 77

Book Description
Asia is graying rapidly: its share of senior population aged 65 and over will double from 9.2% in 2020, to 18% in 2050. Some countries will experience a drastic reduction of its working-age population (ages 15–64), as well as aging of the current workforce. This report explores the role and potential of technology in addressing economic and labor market opportunities and challenges posed by aging. It shows how technology can harness gains from the longevity dividend and draws together national and regional policy recommendations for countries in Asia and the Pacific.

Women Practicing Resilience, Self-care and Wellbeing in Academia

Women Practicing Resilience, Self-care and Wellbeing in Academia PDF Author: Ida Fatimawati Adi Badiozaman
Publisher: Taylor & Francis
ISBN: 1000846989
Category : Education
Languages : en
Pages : 248

Book Description
Through a lens of self-care and wellbeing, this book shares stories of struggle and success from a diverse range of women in academia. Each story highlights how these women mitigated and overcame various barriers as part of their academic trajectory and provides practical strategies for maintaining self-care and wellbeing. Taken from lived experience, the autoethnographic narrative approach provides a deeper, personal understanding of the obstacles faced by women throughout an academic career and guidance on how these might be navigated in a way that avoids self-sacrificing. This collection goes further to illustrate the ways that higher education institutions can be more accommodating of the needs of women.

The Psychological Well-being of East Asian Youth

The Psychological Well-being of East Asian Youth PDF Author: Chin-Chun Yi
Publisher: Springer Science & Business Media
ISBN: 9400740808
Category : Social Science
Languages : en
Pages : 345

Book Description
The rapid social change in the East Asia has brought great research attention on the family, education and political impacts. The growth trajectory of the next generation is exposed to an entirely different context owing to the dual effects of traditional and modern values as well as practices. This book provides an overall picture of the developmental trajectory of Taiwanese youth as a typical example in the region. The time frame is set from early adolescence (13years old) to young adulthood (22yeard old). Individual psychological well-being in its broad definition will be used as the outcome indicator to reflect significant developmental processes during this important transitional life course. Benefitted from the rare panel datasets conducted from 2000-2009, this book has two major focuses: one is to explore the interplay among family, school and community with regard to their influence on the individual growth patterns; the other is to highlight the potential constraint and/or strength of the prevailing social norms and values shared among East Asian societies. To be specific, different chapters will describe and analyze the life chances and growth patterns among youth with different social capitals (including family SES, educational achievement, rural-urban residence, etc.). Their short-term versus long-term outcome, as indicated by various psychological well-being variables (e.g., depressive symptoms, deviant or problem behaviors, happiness, edutional performance), will allow us to delineate the particular structural context that individual East Asian youth encounters and to offer constructive suggestions on family interaction, educational strategy as well as health related policies based on the scientific evidence. This book incorporates comparative reports from other East Asian societies, and from youth panel studies of Australia and the U.S.. The experience of their counter-part in the advanced societies will contribute to readers’ understanding of the particular social situation that East Asian youth is embedded in the growth process. In addition, comparative perspective will enable the reader to contemplate on the potential future development of the affluent generation in the region. Since changing social structure occurred in the last few decades in the East Asia has suffered inadequate investigation in the realm of family, education and community, this book provides timely information to fill up the gap. Analyses of the valuable dataset from early adolescents to young adults will attract those who are interested in family researches, in youth studies, in panel data analyses, as well as in the social development in Taiwan and in East Asia.

The Oxford Handbook of Human Capital

The Oxford Handbook of Human Capital PDF Author: Alan Burton-Jones
Publisher: OUP Oxford
ISBN: 0191634964
Category : Business & Economics
Languages : en
Pages : 718

Book Description
Macroeconomic research on human capital - the stock of human capabilities and knowledge - has been extensively published but to date the literature has lacked a comprehensive analysis of human capital within the organization. The Oxford Handbook of Human Capital has been designed to fill that gap, providing an authoritative, inter-disciplinary, and up to date survey of relevant concepts, research areas, and applications. Specially commissioned contributions from over 40 authors reveal the importance of human capital for contemporary organizations, exploring its conceptual underpinnings, relevance to theories of the firm, implications for organizational effectiveness, interdependencies with other resources, and role in the future economy. Unlike neoclassical macroeconomic concepts of human capital, human capital in organizations is shown to be dynamic and heterogeneous, requiring new theories and management frameworks. The systemic role of human capital is explored, revealing it as the lynchpin of social, structural and other forms of intangible and tangible capital. Connections between human capital and organizational performance are investigated from HR management, procurement, alignment, value appropriation, and accounting perspectives. Links between micro and macro perspectives are provided through analyses of inter firm human capital mobility, national and regional human capital formation regimes and industry employment relations practices. This Handbook is designed for scholars and graduate students of organization and management theory, strategy, entrepreneurship, knowledge and intellectual capital, accounting, IT, HR, IR, economic sociology and cultural studies. For policy makers and practitioners it should provide an up to date guide to the nature and role of human capital in contemporary organizations and the roles that government, industry and other extra firm institutions can play in facilitating its development.

Why You Should Fail

Why You Should Fail PDF Author: Vincent Ng
Publisher: The Entre Club Pte Ltd (Singapore)
ISBN: 9813170573
Category : Business & Economics
Languages : en
Pages : 593

Book Description
Build A Profitable Company That Lasts Learn the exact business strategies that helped 23 of Singapore’s best and brightest entrepreneurs start and grow their companies to the multi-million empires they are today. From crafting a winning investment pitch to unleashing a consistent stream of customers, this is a book packed with tons of real life examples in every area you need to build a profitable company that lasts.