A "big picture" approach to managing people and staying competitive is the human capital perspective.

Question

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The human capital perspective emphasizes the value of investing in employees' skills, knowledge, and abilities in order to enhance organizational performance and maintain a competitive advantage. It takes a strategic and long-term view of human resources, recognizing that employees are a valuable asset that can contribute to an organization's success if properly developed and managed.

A "Big Picture" Approach to Managing People and Staying Competitive