Senior leadership of Organization X is concerned about multiple problems that have become more prominent over the past years. Some of these issues transcend the local organization and have been raised to the level of global human capital management problems. Associated issues include the inability to retain employees, increased employee dissatisfaction, and performance issues. These problems are becoming detrimental to the company’s financial bottom line. Discuss how focusing on the importance and value of human capital can initiate a change that will lead to organizational improvements. Address the meaning of human capital and why it must be appropriately managed both locally and globally.
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