Functions of HRM : Managerial &

Operative
Managerial Functions
• Planning
• Organizing
• Directing
• Controlling
Operative Function
Human Capital
Human Capital refers to the economic value of
worker’s experience and skills.
Human capital includes assets like education,
training, intelligence, skills, health and other
things employers value such as loyalty and
punctuality
Example :- Communication Skills, Creativity,
Experience, Problem Solving Skills, Technical
Skills, Mental health etc.
Elements of Human Capital
Intellectual Capital
• Trade school education
• College degree
• Hard skills
• Work experience
• Situational knowledge
• Intelligence
Social Capital
• Relationships
• Fame
• Social status
• Professional network
• Health
Emotional Capital
• Emotional intelligence
• Creativity
• Problem-solving
• Personal resilience
• Critical thinking
• Loyalty
• Leadership behaviors
• Other soft skills
Thank You