Managing human resource capital in the conditions of sustainable development of enterprises

Abstract

The paper examines the theoretical and methodological principles and scientific and methodological approaches to human capital management in terms of sustainable development of enterprises. There are several sustainability issues, including: implementation of environmental standards, human development, education promotion, resource allocation efficiency, publicly available methodologies and sustainability indicators, use of additional indicators for assessments, indicators to measure resource consumption, balance between sustainability pillars, dynamic sustainability indicators. Human capital management is a scientific approach that looks at employees from the standpoint of intangible assets that form part of the value of the enterprise. As part of the implementation of the concept of human capital management, a scientific search is made for the relationship between enterprise productivity and the effective use of specific knowledge, skills and abilities of employees. The interrelation of HCM (human capital management) and HRM (human resource management) concepts is considered. It is determined that it is useful for the company to use its own indicators of human capital assessment, taking into account individual factors that really reflect performance, such as total sales. It is proposed to use the Vocational Education Performance Indicator (VEI) in the practice of enterprises in order to assess the effectiveness of professional training of staff. It is proved that the indicator will determine the benefit for the company from professional training for staff. It was stated that the VEI indicator is relevant for unprofitable enterprises. In order to implement the concept of HCM in connection with the requirement of sustainability in the practice of the enterprise, it is necessary to adjust performance indicators according to specific business conditions in the context of corporate strategy. Prospects for further research are the use of multicriteria analysis to assess the impact of investment in professional training of staff to improve the efficiency of the enterprise.