The Art of Knowledge

 

REPORT TO THE PRESIDENT: CRISIS IN HUMAN CAPITAL by R.C. Holmes

Another dating back to '01. In here he writes about the human capital crisis that was presented to the President when he took office.

The Senate is on target when it assesses human capital direction. "Human capital is an asset whose value can be enhanced by investment. An organization's human capital approach must support: 1) mission, 2) a vision for the future, 3) core values, 4) goals, and 5) strategies. Hierarchical management must move to partnering. Siloed organizations should become integrated to use people's knowledge, skills and
abilities (competencies)."

The directional value of these efforts could be greatly enhanced by identifying from whence our human capital problem emanates. The environment visited by the report is rooted in a dying information age. This short lived era is being superseded by a stronger and diametrically different Knowledge Environment....our lack of definitions, vocabulary, measurements and reliable business models for the New Economy may result in a wrong direction for economic and policy decisions...which could result in a serious misallocation of society's resources.

Once again Human Capital becomes the topic of the address. The President has been keen to these observation and has started to matriculate funds from welfare to training. He has given homeland security and the DoD monies that can be allocated to solving these problems in our nation's most vital sectors. The problem is, that the rest of the country is running around trying to figure out what the problem is and how to fix it without direct funding and without the time to nurture anything of real substance. Elearning projects seem to be failing across the board with companies who don't have the resources to support such a large project that is still in semi-beta forms.

You can find the entire article here.
Link posted by JVMM : 4:01 PM