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

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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

Get Book Here

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

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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

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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 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 : 1207

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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.

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: Psychology Press
ISBN: 9780714655864
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Explosive economic and social changes in the Asia Pacific region have meant that much of what we know about the area is outdated. This book addresses this and looks at the "human resource period" with detailed analysis, discussion and predictions for the future. Focusing on the areas of China, Hong Kong, Japan, Korea, the Philippines, Singapore, Taiwan and Thailand the book explores the reasons behind changes and whether they indicate movement of convergence or divergence, the key issues for management and the implications for theory development. This is the latest research available on this subject. A must for managers, researchers and those teaching undergraduate or postgraduate courses, as well as those interested in international business, sociology and employee relations.

Asian Business and Management Practices: Trends and Global Considerations

Asian Business and Management Practices: Trends and Global Considerations PDF Author: Ura, Dasho Karma
Publisher: IGI Global
ISBN: 1466664428
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
As a rapidly rising force in the global market, Asian countries hold opportunities for growth and development. However, in order to successfully gain entry into this new part of the market, it will first be necessary to understand the motives and background behind Asian economies. Asian Business and Management Practices: Trends and Global Considerations analyzes the various strategies found in the Asian economic market. Showcasing a broad range of countries in Southeast Asia in addition to China and India, this publication is a broad, widely encompassing resource for academics, PhD students, experts, policymakers, and government officials interested in understanding the background and applications behind business success in Asia.

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: 9400740816
Category : Social Science
Languages : en
Pages : 345

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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.

Building Human Capital Across Borders

Building Human Capital Across Borders PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264228489
Category :
Languages : en
Pages : 81

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Book Description
This report, an outcome of the 2014 Roundtable on Labour Migration in Asia, captures key trends in migration in Asia and highlights the challenges of building, and benefiting from, human capital through the migration process.

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

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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.

Human Capital Development in the People's Republic of China and India

Human Capital Development in the People's Republic of China and India PDF Author: Asian Development Bank
Publisher:
ISBN: 9789292571610
Category : Human capital
Languages : en
Pages : 0

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Book Description
This report was prepared with the primary objective of drawing insights on how Asian economic giants India and the People's Republic of China leveraged education and skills development to advance economic growth. The analysis presented similarities and differences in human capital development strategies and their outcomes that helped define development pathways between the two countries. It also outlined the prospects for human capital development in the sustainability of the two countries' economic growth. The report was completed in 2014 under the Development Partnership Program for South Asia: Innovative Strategies for Accelerated Human Resource Development in South Asia (TA-6337 REG).