Author: Christian Scholz (Herausgeber)
Title: Human Capital Management - More than just a Phrase: Schwerpunktheft der Zeitschrift für Personalforschung 3/2007
Description: , Hampp, R, 2007. 147, 23,2 x 15,6 x 1 cm, Softcover. Zustand: 2. Human Capital Management is currently one of the most controversially discussed topics in Human Resource research and practice. Rather than being a definite concept, 'Human Capital Management' covers a broad range of ideas. In this special issue there are five papers that reflect the impressive scope and impressive depth of discussion, which we currently find in Germany. Roman Bechtel deals with the paradigmatic foundations of Human Capital Management. Discussing both the Resourced Based View and the Market Based View, he basically calls for an integration of both. He rejects from a theoretical standpoint the Market Based Valuation, which is a subset of the Market Based View and is currently strongly favoured by various consulting companies. This paper is, on one side a warning signal for companies, on the other side, a solid basis for further academic discussion, which could run very controversially. Stephanie Schmidt und Kirsten Thommes ask the question of who is the owner of the human capital, which rests in the temporary workforce. Using a specific human capital interpretation, they deliver a logical proof, that even in this situation with a very specific psychological contract it could make sense to invest in human capital. This paper calls for an empirical validation - which makes it even more valuable. Gotthard Pietsch starts with the far-reaching attention of concepts of human capital measurement and puts up two interesting hypotheses: (a) Human Capital Measurement tends to promote opportunistic behavior by offering opportunities to escape from responsibility, but (b) the institutionalization of Human Capital Measurement limits opportunism. This is an interesting dialectic, based upon a theory of organizational anarchy. Isabell Welpe, Stephan Lutz and Erich Barthel approach the topic from using the analogy to financial capital market models. The authors show the limitations of models, which basically draw upon financial data. They also discuss why especially attributes such as 'flexibility' and 'options' are currently hard to integrate in a concept of human capital, if we really use the full analogy to financial models. Volker Stein recalls at the beginning the long tradition of Human Capital Management in Germany and then highlights the current debate in Germany about the right way towards a Human Capital Management, which is sound both in terms of academic rigor and practical relevance. The author sets up a framework to position the various approaches. He supports the notion that the German discussion could also influence the international debate. ISBN: 3866181752. Gewicht/weight: 2000 gr.

Keywords: Human Capital Management is currently one of the most controversially discussed topics in Human Resource research and practice. Rather than being a definite concept, 'Human Capital Management' covers a broad range of ideas. In this special issue there are