The human capital and human resource management relationships in non-profit organisations: misunderstanding and implication Online publication date: Tue, 20-Feb-2007
by Eric Kong
International Journal of Knowledge Management Studies (IJKMS), Vol. 1, No. 3/4, 2007
Abstract: Through qualitative in-depth semi-structure interviews with 35 senior non-profit executives in 22 Non-Profit Organisations NPOs) in Australia, it was found that Human Capital (HC) and Human Resource Management (HRM) were perceived to be identical and interchangeable. However, the two concepts are conceptually different. Drawing from the interview data, non-profit executives' strategic decision-making in relation to knowledge development, application and dissemination was distorted due to the misunderstanding of the two concepts. Thus the contribution of the paper is to provide non-profit executives, particularly who are directly involved in HRM, an improved understanding of the two concepts which leads to a better implementation of human resource strategy.
Online publication date: Tue, 20-Feb-2007
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