Building organizational resilience through human capital management strategy

摘要

With the scale and rate of disruption organizations face, developing employees and the investment in human capital should not be lessened. Investment in human capital is critical given the need for employees to constantly adapt and evolve their skills and capabilities in the same fashion as organizations evolve. During disruptions such as economic recessions, rapidly changing markets, and pandemics, employees quickly assume new roles, leverage strengths to effect meaningful change, all of which highlight the value of resilience in employees that supports the organization's resilience. Organizations that shift their human capital management strategies giving opportunities and incentives for employees to grow and adapt skills as well as capacity to develop in new areas are more likely to build the collective resilience necessary for organizations to respond effectively to adversity.