Human Capital in India Often Misunderstood

Opinion / Strategy

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Human Capital in India Often Misunderstood
Guru Prasad, Member, CEO, India

Human capital is often misunderstood and ploughed to in a way the human feels useless...

The Indian corporate world run as a family business most often underestimate the potential of an experienced senior staff and end up assigning jobs that either the person does not want to do or if he wishes to perform anyway he feels underpaid & over worked!
The result is,over a period of time either the company throws him out or he starts looking for another job & leaves at a crucial period
just when the boss realises that the persons talent could have been much better utilised!
Management does not think twice in replacing the person,they do not realise that the replacement cost of an experienced individual is much higher. The Indian corporate world is besot with high egos,lack of forethought and fear of being threatened out of their own positions and therefore they appoint staff who quietly confirm because they needed a job at that moment & fondly dream & hope that they will beat the system once they get in. Sadly,things do not work the way they think, they get frustrated and become useless as a human capital and depreciate in value, both for themselves and the company.

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