The Extent to Which Human Resources Managers in KNPC Believe in Human Resource Investment

Abstract

Human Capital is increasingly believed to play an important role in the growth process, so the attention headedtowards the investment in Human Capital. This concept is relatively varying from one organization to another. Inthis study the purpose is to examine the extent to which Human Resource managers in KNPC believe in HumanResource Investment. For this purpose the researcher made interviews with the Head Managers in KNPC inorder to understand their thought and ideas about human recourse management and investment. And the resultsof this study are as the following: proceeding from the concept of human resources development, the KNPCHead Managers stated that training the new employees as well as training the trainers has proved positive effectson performance, productivity and the overall success. The performance of human capital is being observed usingthe Balanced Scorecard as a management system strategy. Also the interviews with the head managers haveemerged the perspective of decision making the managers adapting. Finally the researcher presented somerecommendations as the following: while involving the employees in decision making process the managersmust be aware about the privacy of some decisions regarding its importance and how much it is dangerous to bespread outside the organization. In addition of that the researcher recommends to integrate the modern conceptsof balanced scorecard in order to achieve better measurements and estimation for human capital.