The Value of Human Capital

The Gen A and Z are see the Future very differently from the previous generations and the renewal of the planet has to be reshaped to the relevance of their lives.

What is Human Capital?

Value is measurable as Functional (Quality), Economic (Cost), Lifetime (Delivery / Time), Emotional (Service / Empathy) and Brand (Digital Flexibility); mutually inclusively in the modern context.

This isn’t a new revelation but one that needs to be understood in the context of the emerging Digital World. Imagining and Institutionalizing Value demands a Dramatic Transformation; first at the level of Mindset / Education that is followed by Approach / Ownership (Technique and Tools) and Institutionalization / Ecosystem (Adoption of a Universal Process).

Why is it important to understand this formally?

  1. Recognize the Value of Human Potential (Aspirations) and Performance (Expectations).
  2. Controlled the Value Creation Process with the power of Government, Industry and Commerce.
  3. The democratization opening a sliver of opportunity for a few has only worsened the problem; instead of uplifting the rest of their ilk, the privileged crossed over to the other side.
Illustration 1: The Imagined Journey of Human Capital on Giggr — The Future of Work Platform

Isn’t it about time we look at employment in a mutually inclusive context of Intrapreneurs, Solopreneurs and Entrepreneurs. Shifting people from mere Consumers (Resources) to Contributors (Creators). We need to stop using the term Job and instead replace it in our dictionaries as Work.

In the narrative of the Future of Work, the origin is the Workforce. And this Workforce needs to be Transformed to raise Capital for a New Sustainable Planet that is different from the one that we currently live in and is on the precipice of a self-destructive implosion.

Each human is a unique life being with their own Aspiration / Potential that is infinite in its very nature. But evolution of life has limited Human Thinking severally; owing to Socio, Economic and Political forces usurping the power to influence and insist on a small minority controlling a large majority. The internet and Digital Technologies are empowering humans with Learning & Knowledge that can lead to the decontrolling / delimiting of the power exercised by a few to a larger section of the society; but the creation and progress of new Structures, Synergies and Systems is largely hampered by divisive narratives and a lack of unified approach.

Each Individual will have to take the accountability for the shift of power from forces that limit the potential to grow sustainably. The powers that be have no vested interests in transforming the way things are.

Illustration 2: Why only each one of us needs to participate

Shifting a Financial to Human Ecosystem

Let us stop stereotyping and limiting people’s potential with pithy livelihood schemes. The people anywhere in the world don’t need Schemes but rather Synergies that include them in the human ecosystem. Don’t reserve opportunities but rather open it up for them and let them experience the freedom of being Valued. Governments and Societies must stop patronizing and start participating in the lives of people; both the privileged as well as the underprivileged. Both need to transform to a new societal paradigm that works on the triad of Social Justice, Increased Rate of Innovation and Sustainability.

Equitable Income

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