Human potential development in the mining companies
The new century has inaugurated a number of changes that can be attributed to the process of globalization of the world economy. Globalization with its influence brings a number of technological, economic, educational, social, and political and many other changes that have transformed the world econ...
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| Format: | Article |
| Language: | English |
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Mining and Metallurgy Institute, Bor
2018-01-01
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| Series: | Mining and Metallurgy Engineering Bor |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361802109R.pdf |
| Summary: | The new century has inaugurated a number of changes that can be attributed to the process of globalization of the world economy. Globalization with its influence brings a number of technological, economic, educational, social, and political and many other changes that have transformed the world economy, and have a significant impact on the business environment. The process of globalization brings a completely new concept of intellectual capital, with a clear and strong focus on the human potential, as its key component, pointing to its role and place in economic life. This paper presents the most important component of intellectual capital, which is the human potential. This is because of the role and significance of knowledge that becomes the central resource and bases of intellectual capital, and is the carrier of development and overall creativity. The knowledge and its application become the key form of material, spiritual, and every other social wealth. Rightfully, today's economy is called the 'knowledge economy' because the creativity is based on the knowledge and innovation. Depending on the environment, defined by the economic horizon, the companies are referred to a strategic approach to the business development on the basis of strategy of developing their human potential, so these two strategies become compatible and inseparable. For the strategy of human resources development, as the most important segment of the social strategy, it is necessary to improve and promote the market for education and professional development. Today, instead of the global objective of education to provide the individual with a lifelong knowledge, in the foreground, the objective of education is to teach an individual to acquire the knowledge throughout his/her life, i.e. permanently educate and develop. The aim of this paper is to point out the importance, role and place of intellectual capital in companies with an emphasis on its progressive and constant change, i.e., development. By an empirical research, the role and development of knowledge will be proven in the Serbian mining companies which are part of the global economy. |
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| ISSN: | 2334-8836 2406-1395 |