Bìznes Inform (Mar 2024)

Relevance of the Use of Human Capital at Enterprises: An International Aspect

  • Morozova Olha О.

DOI
https://doi.org/10.32983/2222-4459-2024-3-31-39
Journal volume & issue
Vol. 3, no. 554
pp. 31 – 39

Abstract

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The aim of the article is to analyze the relevance of the use of human capital in enterprises in the international context. According to the results of the carried out study, it has been found that human capital is becoming a key factor of competitiveness at the international level. The article examines the relevance of the use of human capital in international enterprises and its impact on their competitiveness. Various approaches to the development and training of staff in different countries of the world, in particular in Japan, the USA, Sweden and Germany, are analyzed. Through the analysis of various models of corporate training and staff management, the article highlights the features of each country and the most effective practices. In particular, Japanese domestic study programs, American corporate universities, Swedish financial well-being programs, and the German dual education system are considered. A general analysis of approaches to the use of human capital in Japan, the United States, Sweden and Germany indicates a significant variety of methods and strategies used in enterprises in these countries. At the same time, there is some convergence in efforts to improve personnel policy and use innovative approaches to human capital management. Japan and Germany focus on long-term development and loyalty to the company, the United States on flexibility and adaptation to change, and Sweden on well-being and social responsibility. The study highlights the importance of adapting human capital management strategies to the specific conditions of each country and to the particular sector of the economy, with a focus on ensuring high productivity, efficiency and competitiveness of enterprises in the global market environment. The carried out analysis helps to understand how each country adapts to the challenges of the modern labor market and the development of its staff.

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