Abstract

The relevance of the study lies in the fact that the digitalization conditions require the implementation at all managerial levels of the human capital concept, aimed at using all opportunities and their transformation into production processes. The concept was widely spread in the USA, and since the beginning of 60th years all over the world and explosive increase of interest to the human factor theme and the capital invested into it was caused by recognition of its high return in conditions of the Fourth Industrial Revolution. Reality has confirmed the economic growth dependence on the employee, his potential, capacities, features, abilities, education (its different types and levels), professionalism, which turned into a sustainable character. The aim of the article is theoretical and practical foundations for the formation of new knowledge about the human capital concept in the conditions of digitalization. The objectives of the study are: 1) to disclose the process of digitalization as a global problem of our time; 2) to disclose the concept of human capital in the conditions of digitalization and its basic concepts; 3) to show the impact of digitalization on the development of human capital and all its components; 4) to analyze ways and directions to improve the digital skills of human capital. Research methodology: a set of methods, principles, approaches, provide an opportunity to deeply penetrate into the essence and implementation of human capital at all levels of management, that is - synergistic, systematic, structural and functional, promoting its further development in the conditions of digitalization. Research result. Practical recommendations for using the perfection of the concept of human capital and the direction of its use to increase the competitiveness of organizations and enterprises as a condition for the implementation of digitalization

Highlights

  • The relevance of the study lies in the fact that the digitalization conditions require the implementation at all managerial levels of the human capital concept, aimed at using all opportunities and their transformation into production processes

  • The objectives of the study are: 1) to disclose the process of digitalization as a global problem of our time; 2) to disclose the concept of human capital in the conditions of digitalization and its basic concepts; 3) to show the impact of digitalization on the development of human capital and all its components; 4) to analyze ways and directions to improve the digital skills of human capital

  • Relevance of the research topic is that digital technology as a global problem, on which the concept of human resource development is based, including the ICT development, technologies based on the possibilities of collection, storage, processing, transmission and data provision in electronic form, requires the new knowledge development

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Summary

Introduction

The relevance of the study lies in the fact that the digitalization conditions require the implementation at all managerial levels of the human capital concept, aimed at using all opportunities and their transformation into production processes. Relevance of the research topic is that digital technology as a global problem, on which the concept of human resource development is based, including the ICT development, technologies based on the possibilities of collection, storage, processing, transmission and data provision in electronic form, requires the new knowledge development. This demonstrates that the concept of human resource development in a digitalized world requires new knowledge, skills, and digital competencies, and requires a collaborative effort between government, civil society, academia, the scientific community and the technology sector.

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