Human capital management (HCM) is a set of practices related to human resources (HR) management that enables managers and business leaders to retain top talent and maximize their team’s productivity.

Human capital includes education, knowledge, experience, and skills. Economists Gary Becker and Theodore Schultz pioneered human capital theory. Education is viewed as an investment in productivity.

Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

On this episode of The Long View, Tom Idzorek, chief investment officer of retirement for Morningstar Investment Management, and Paul Kaplan, who before retiring in 2023 was the director of research ...

The Human Capital Trust Fund was launched in 2019 with generous support from the Gates Foundation and the Government of Canada. The Trust Fund helps countries to invest in people through a ...

Deloitte’s recent research indicates that nearly 90% of executives want their compensation tied directly to human capital performance metrics. This isn’t just a reaction to market trends; it signifies ...