Since it takes human capital to develop human capital,HR forecasting must take into account both the stock and flow of human capital.

Question

Quizplus · Accepted Answer

HR forecasting should consider the current stock of human capital (i.e., the existing employees and their skills) as well as the flow of human capital (i.e., the new employees being hired and the development of current employees' skills). This cycle creates a self-sustaining system for the development of human capital.

Since It Takes Human Capital to Develop Human Capital,HR Forecasting