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Management development as a capital investment
Author(s) -
Connellan Thomas K.
Publication year - 1972
Publication title -
human resource management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.888
H-Index - 94
eISSN - 1099-050X
pISSN - 0090-4848
DOI - 10.1002/hrm.3930110202
Subject(s) - investment (military) , business , productivity , return on investment , finance , human resource management , human capital , capital investment , industrial organization , operations management , economics , economic growth , management , microeconomics , production (economics) , political science , politics , law
Abstract Systematic management development efforts represent investments that will be returned over a period of time in the form of increased productivity for the organization. This article looks at the several ways in which an organization can maximize its return on investment in human resources.