Key factors for successful human capital management in market conditions


https://doi.org/10.20913/2618-7515-2025-1-22

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Abstract

Human capital is an important factor in the development of organizations, and its effective use is directly related to the achievement of goals. Understanding its main aspects and principles allows you to develop effective strategies and methods for its development and assessment. Developing human capital requires a systematic approach and a deep understanding of its main aspects and principles. Knowing these aspects allows managers to develop strategies aimed at maximizing the potential of their employees, creating an environment conducive to learning and growth, and implementing assessment systems that will help take into account the contribution of each employee to overall results. The introduction of these strategies not only optimizes the use of available resources, but also helps create a more sustainable and adaptive organization capable of overcoming the challenges of the time and actively responding to changes in the external environment. The article specifies the principles underlying the concept of human capital, which include: the principle of continuous learning, the principle of maintaining health, the principle of stimulating motivation for learning, the principle of the need to integrate human capital into the strategic management of the organization, the principle of social responsibility. Methodology and methods of the study. The object of the study is the organizational and economic relations arising in the process of formation and development of human capital in the agricultural sector in transboundary territories. The subject of the study is the conditions, factors, principles and mechanisms arising in the process of formation and human capital. The object of observation was agricultural business entities and their employees, state agricultural management bodies, educational institutions of the agricultural profile, various representatives of the rural population, including rural youth. Depending on the tasks to be solved, the following research methods were used: monographic, abstract-logical, bibliographic, etc. Results. Human capital performance indicators are tools used to measure and evaluate the effectiveness of human resources in an organization. These indicators allow you to assess the contribution of human capital to the overall effectiveness of the organization and make informed decisions on its optimization. They include financial and production indicators that allow you to assess the impact of human capital on the financial results and production processes of the organization. The relationship between human capital performance indicators and overall organizational performance indicators is a key aspect in the human resource management process. The article specifies the principles underlying the concept of human capital, which include: the principle of continuous learning, the principle of maintaining health, the principle of stimulating motivation for learning, the principle of the need to integrate human capital into the strategic management of the organization, the principle of social responsibility. Conclusion. A systematic approach to personnel management allows us to consider human resources as a valuable asset that helps achieve the company’s strategic goals. Various tools and methods for assessing the level of human capital, such as competency analysis, performance management, personnel training and development, allow us to optimize work with employees and improve the efficiency of production activities. Further research in the field of human capital management will contribute to the emergence of new approaches and techniques that will help companies better use the potential of their employees.


About the Author

I. G. Kuznetsova
Novosibirsk State Agrarian University; Siberian State University of Railway Engineering
Russian Federation

Inna G. Kuznetsova – doctor of economics, professor of the department of management and industrial economics; professor of the department of finance and credit

155 Nikitina str., Novosibirsk, 630039

191, Dusi Kovalchuk St., Novosibirsk, 630039



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Supplementary files

For citation: Kuznetsova I.G. Key factors for successful human capital management in market conditions. Professional education in the modern world. 2025;15(1):194-200. https://doi.org/10.20913/2618-7515-2025-1-22

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