Institutions as INCUBATION Centers for HUMAN CAPITAL

Institutions as INCUBATION Centers for HUMAN CAPITAL

Human beings are the critical input of any endeavor, the potential of humans are unlimited and the unique creation of God is our human brains. Education system is the nursery of training the brains to think, analyze and solve the problems. In turn transforming human beings into non replaceable capital and recently we call it HUMAN Capital. Best universities in Rajasthan, such as JK Lakshmipat University has been indulge continuously in such processes since its inception.

Humans in organizations have been referred as the resources; off late humans have become capitals in the organizations. This transformation from resource to capital is a significant paradigm shift.

Today India is one of the fastest growing economies of the world. The MAKE IN INDIA campaign is a leading national program, designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best-in-class manufacturing infrastructure, probably the best time India and top management colleges in Rajasthan could have thought of initiating a program like this.

Though the dream is big and may be little farther but it is always a vision for best universities in Jaipur like JK Lakshmipat University that turns into reality. India has the potential to make it happen. One of the strongest things in India’s favor would be the availability of young work force in the near future. The need of the time is to make them future ready, to convert these people into human capital. This responsibility lies on the shoulders of the Best universities in Rajasthan, such as JK Lakshmipat University and the training centers. Through education, the skills and knowledge of individuals come into the needed contour to form future workers, which makes education the virtual workshop of the success of future generations. Building human capital for the needs of today and tomorrow should be the intention of educational institutions at all levels. Maybe, this is the right time that the Best management institutes in Jaipur, Rajasthan and Top engineering institutions such as JK Lakshmipat University turns into incubation centers of human capital

It is to inspect how knowledgeable professionals perceive the role of formal education in building human capital. I am sure, it is logical to think and expect that schools and Best universities have the tasks to produce these human capitals.

Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value and that what we need to MAKE IN INDIA happen.

The worth of human capitals support for any productive work depends on the skills and competencies for generating wealth for the organization. The skills and competencies of any person are developed and accumulated as capital over a period of time by the education process they have undergone, the role played by the best educational institutes like JKLU.

The responsibility of transforming the present human resource to capital and generating human capitals a source of competitive advantage for India respites on shoulder of academia and organization collectively. And this is what we are trying to do at JKLU.

About the Author

jkluDr. Richa Mishra has done her Ph.D. from TAPMI School of Business, Manipal University Jaipur. She completed her Masters of Social Sciences in Psychology with specialization in Organization Behavior.  She has a total experience 8 years in teaching at various Management Institutes. As a facilitator she has contributed in various corporate training sessions during her association with Center of Organization Development, Hyderabad. Her research interest lies in the area HR and Organization Behavior.

Assistant Professor- IM, JKLU, Contact at-

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