Value creation- How can companies optimize the human capital
FöretagsledningManagementHuman CapitalHuman Capital EfficiencyStructural CapitalValue AddedValue Creation
The thesis aims to examine how companies optimize the human capital from a value creation perspective. The value creation will be related to transfer of knowledge, recruitment, staff turnover and development. The thesis has a deductive approach and six qualitative interviews have been conducted. The results from the interviews will be strengthened with a quantitative data analysis of two measurements; value added per employee and human capital efficiency. The theoretical framework includes definitions of human capital. Theories regarding human capital investments and how to find and develop the human capital are presented. The relation between human and structural capital and theories regarding the measurements are presented. The empirical framework is based on data obtained from the interviews and from the companies’ annual reports. Our conclusion is that the optimization of the human capital is depending on the organisational capital. External recruitment and staff turnover can have an indirect affect while internal recruitment, development and transfer of knowledge can have a direct affect. The factors affect is managed and determined by the organisational capital that influences the optimization of the human capital.