Abstract
Sustainable HRM needs an implementation by using appropriate practical methods and actions. If these methods and actions are effective, has to be proven by measurement. Human capital approaches can be useful for this because their general focus is to measure the contribution of human resources (HR) to organizational objectives. Newer approaches additionally consider employees’ needs and their protection and further development. Both topics are related to purposes of a Sustainable HRM. In this chapter, two exemplary measurement approaches of human capital, a monetary (Saarbruecken Formula) and an indicator-based approach (Human Potential Index), are introduced and analyzed in what way they can be adopted for Sustainable HRM. A main result of the theoretical analysis is the finding that in contrast to the monetary approach an adequate measurement of Sustainable HRM additionally has to integrate measurement of supportive circumstances for developing human capital (human potential). The indicator-based instrument can give valuable hints, but has to be extended. A final measurement framework will show a recommendation for such a comprehensive improvement.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Adler PS, Kwon SW (2002) Social capital: prospects for a new concept. Acad Manage 27(1):17–40
Anderson A, Miller C (2003) Class matters: human and social capital in the entrepreneurial process. J Socio-Econ 32:17–36
Avey J, Luthans F, Jensen S (2009) Psychological capital: a positive resource for combating employee stress and turnover. Hum Resour Manage 48(5):677–693
Ayas K, Zeniuk N (2001) Project-based learning: building communities of reflective practitioners. Manage Learn 32(1):61–76
Baker W (2000) Achieving success through social capital: tapping the hidden resources in your personal and business networks. Jossey-Bass, San Francisco
Barney J (1991) Firm resources and competitive advantage. J Manage 17:99–120
Barney J (2011) Gaining and sustaining competitive advantage, 4th edn. Pearson, Boston
Becker G (1964) Human capital: a theoretical and empirical analysis, with special reference to education. Columbia University Press, New York
Becker G (2008) Human capital: a theoretical and empirical analysis, with special reference to education. The University of Chicago Press, Chicago
Bhagat RS, Krishnam B, Nelson TA et al (2010) Organizational stress, psychological strain, and work outcomes in six national contexts: a closer look at the moderating influences of coping styles and decision latitude. Int J Cross Cultur Manage 17(1):10–30
Blyler M, Coff RW (2003) Dynamic capabilities, social capital, and rent appropriation: ties that split pies. Strateg Manage J 24(7):677–686
Boudreau J, Ramstad P (2005) Talentship, talent segmentation, and sustainability: a new HR decision science paradigm for a new strategy definition. Hum Resour Manage 44(2):129–136
Bourdieu P (1986) The forms of capital. In: Richardson JG (ed) Handbook of theory and research for the sociology of education. Greenwood Press, New York
Brown J, Duguid P (1991) Organizational learning and communities of practice: toward a unified view of working, learning, and innovation. Organ Sci 2:45–57
Budd J, Gollan P, Wilkinson A (2010) New approaches to employee voice and participation in organizations. Hum Relat 63(3):303–310
Bullen M, Novin A (2009) Human resource accounting’s role in organizational sustainability. 2010 Conference Proceedings of Southeastern Decision Sciences Institute. http://www.sedsi.org/history/2010/proceedings/proc/p090927001.pdf. Accessed 14 Mar 2011
Cauce AM (1986) Social networks and social competence: exploring the effects of early adolescent friendships. Am J Community Psychol 14(6):607–628
Cascio WF (2006) Managing human resources: productivity, quality of working life, profits, 7th edn. MacGraw-Hill/Irwin, New York
CEDEFOP (2008) European Centre for the Development of Vocational Training. Retrieved March 2011, from Future skill needs in Europe. Medium-term forecast: http://www.cedefop.europa.eu/etv/Upload/Information_resources/Bookshop/485/4078_en.pdf. Accessed 28 Feb 2012
Clarke M (2011) Readings in HRM and sustainability. Tilde University Press, Prahran
Colbert BA (2007) The complex resource-based view: implications for theory and practice in strategic human resource management. In: Schuler RS, Jackson SE (eds) Strategic human resource management, 2nd edn. Blackwell, Malden, pp 98–123
Coleman J (1990) Foundations of social theory. Belknap, Cambridge
Coleman J (2000) Social capital in the creation of human capital. In: Serageldin I, Dasgupta P (eds) Social capital: a multifaceted perspective. World Bank, Washington, DC
De Winne S, Sels L (2010) Interrelationships between human capital, HRM and innovation in Belgian start-ups aiming at an innovation strategy. Int J Hum Resour Manage 21(11):1863–1883
Dyllick T, Hockerts K (2002) Beyond the business case for corporate sustainability. European Institute of Business Administration; Centre for the Management of Environmental Resources, pp 130–141
Ehnert I (2009) Sustainable human resource management. Physica-Verlag, Berlin
Elkington J (1998) Cannibals with forks: the triple bottom line of 21st century business. Capstone, Oxford
Enders J (ed) (2001) Academic staff in Europe. Changing contexts and conditions. Greenwood Press, Westport
European Expert Group on Health in Restructuring (HIRES) (2009) Health in restructuring: innovative approaches and policy recommendations. Rainer Hampp, MĂĽnchen/Mering
Flamholtz E (2005) Human resource accounting, human capital measurement, and the bottom line. In: Losey M, Meisinger S, Ulrich D (eds) The future of human resource management. Wiley, Alexandria
Gould R, Ilmarinen J, Järvisalo J et al (2008) Dimensions of work ability. Results of the health 2000 survey. Finnish Centre of Pensions (ETK), The Social Insurance Institution (KELA), National Public Health Institute (KTL). Finnish Institute of Occupational Health (FIOH), Helsinki
Große-Jäger A, Friederichs P, Schubert A (2009) Der Human-Potential-Index. Personalmagazin 05/09:22–23
Hatch N, Dyer JH (2004) Human capital and learning as a source of sustainable competitive advantage. Strateg Manage J 25:1155–1178
Helliwell JF, Huang H (2011) Well-being and trust in the workplace. J Happiness Stud 12(5):747–767
Hülsmann M, Grapp J (2005) Recursivity and dilemma of a sustainable strategic management: new visions for a corporate balancing efficiency and sustainability through autonomous cooperation in decision making processes. Foresight Management in Corporations and Public Organisations – New Visions for Sustainability, Helsinki, web-publication
Ilmarinen J (2009) Work ability – a comprehensive concept for occupational health research and prevention. Scand J Work Environ Health 35(1):1–5
Inkpen AC, Tsang E (2005) Social capital, networks, and knowledge transfer. Acad Manage Rev 30:146–165
Johnson HG (1960) The political economy of opulence. Can J Econ Polit Sci 26(4):552–564
Johnson H (2005) The Canadian quandary: economic problems and policies. McGill-Queen’s University Press, Montréal
Lane P, Lubatkin M (1998) Relative absorptive capacity and interorganizational learning. Strateg Manage J 19:461–477
Lewis J, Weigert A (1985) Trust as a social reality. Soc Forces 63(4):967–986
Macdonald E, Jackson H, Hayes R et al (1998) Social skill as a determinant of social networks and perceived social support in schizophrenia. Schizophr Res 29(3):275–286
MartĂn Alcázar F, Romero FernĂ ndez P, Sánchez Gardey G (2005) Strategic human resource management: integrating the universalistic, contingent, configurational and contextual perspectives. Int J Hum Resour Manage 16(5):633–659
Marx K (1867) Einfache Reproduktion. In: Marx K (ed) Das Kapital. 1, VII, 21. printed in: Marx K (1996) Marx. Selected and presented by Oskar Negt. Diederichs, Munich
McCallum S, O’Connelly D (2009) Social capital and leadership development: building stronger leadership through enhanced relational skills. Leadersh Organ Dev J 30(2):152–166
Mincer J (1993) Studies in human capital: collected essays of Jacob Mincer, vol I. University Press, Cambridge
Moldaschl M (2005) Kapitalarten, Verwertungsstrategien, Nachhaltigkeit. Grundbegriffe und ein Modell zur Analyse von Handlungsfolgen. In: Moldaschl M (ed) Immaterielle Ressourcen. Nachhaltigkeit von UnternehmensfĂĽhrung und Arbeit I. Hampp, MĂĽnchen
Moore P (2010) The international political economy of work and employability. Houndmills/Palgrave, Basingstoke/New York
Nahapiet J, Ghoshal S (1998) Social capital, intellectual capital, and the organizational advantage. Acad Manage Rev 23(2):242–266
Nordenfelt L (2008) The concept of work ability. PIE Lang, Bruxelles
Pfeffer J (2000) The human equation. Harvard Business School Press, Boston
Pfeffer J (2010) Building sustainable organizations: the human factor. Acad Manage Perspect 24(1):34–45
Pill F, Leana C (2009) Applying organizational research to public school reform: the effects of teacher human and social capital on student performance. Acad Manage J 52(6):1101–1124
Portes A (1998) Social capital: its origins and applications in modern sociology. Annu Rev Sociol 24(1):1–24
Putnam R (1993) What makes democracy work? University Press, Princeton
Riemer K, Klein S (2008) Is the V-form the next generation organisation? An analysis of challenges, pitfalls and remedies of ICT-enabled virtual organisations based on social capital theory. J Info Technol 23(3):147–162
SAM Group (2011) SAM Group. Retrieved March 2011, from http://www.sam-group.com/htmld/main.cfm
Scholz C, Stein V, Bechtel R (2011) Human capital management. Raus aus der Unverbindlichkeit! Luchterhand, Munich
Schubert A, vor der Brüggen T, Haferburg M (2008) Sicherung der Zukunfts- und Wettbewerbsfähigkeit von Unternehmen durch Verbesserung qualitativer humanressourcenorientierter Kriterien. Forschungsbericht F 2127. http://www.psychonomics.de/article/articleview/1733. Accessed 28 Feb 2012
Schultz T (1961) Investment in human capital. Am Econ Rev LI:1–17
Smith V (2010) Review article: enhancing employability: human, cultural, and social capital in an era of turbulent unpredictability. Hum Relat 63(2):279–303
Staples DS, Webster J (2008) Exploring the effects of trust, task interdependence and virtualness on knowledge sharing in teams. Info Syst J 18(6):617–640
Stewart T (1997) Intellectual capital: the new wealth of organizations. Doubleday, New York
van Deth JW (2003) Measuring social capital: orthodoxies and continuing controversies. Int J Soc Res Methodol 6(1):79–92
van Deventer M, Snyman R (2004) Measuring for sustainability: a multidimensional measurement framework for library and information services. Libri 54:1–8
Wankel C (2008) 21st century management: a reference handbook. Sage, Los Angeles
Wiley J (2010) Strategic employee surveys. Evidence-based guidelines for driving organizational success. Jossey-Bass, San Francisco
Woldie D, Sidle R, Gomi T (2009) New perspectives on employability and labour market policy – reflecting on key issues. Environ Plan C 27(6):951–958
World Health Organization (WHO) (1998) WHOQOL user manual http://www.who.int/mental_health/evidence/who_qol_user_manual_98.pdf. Accessed 27 Feb 2012
World Health Organization (WHO) (2010) Mental health and well-being at the workplace – protection and inclusion in challenging times. http://www.euro.who.int/en/what-we-do/health-topics/diseases-and-conditions/mental-health/publications/2010/mental-health-and-well-being-at-the-workplace-protection-and-inclusion-in-challenging-times. Accessed 28 Feb 2012
Yang CC, Lin CY (2009) Does intellectual capital mediate the relationship between HRM and organizational performance? Perspective of a healthcare industry in Taiwan. Int J Hum Resour Manage 20(9):1965–1984
Zaugg RJ (2009) Nachhaltiges Personalmanagement. Gabler, Wiesbaden
Zink K (1996) Continuous improvement through employee participation – some experiences from a long-term study in Germany. In: Brown O Jr, Hendrick HW (eds) Human factors in organizational design and management – V. Proceedings of the fifth international symposium on human factors in Organizational Design and Management (ODAM), Elsevier Science B.V., Amsterdam
Zink K (2005) From participation as a useful add on to participation as precondition for survival of organizations. In: Carayon P, Robertson M, Kleiner B, Hoonakker PL (eds) Human factors in organizational design and management – VIII. Proceedings of the eighth international symposium on human factors in organizational design and management, IEA Press, Santa Monica, pp 449–452
Zink K, Thul M (2006) Corporate health management: designing and evaluating health in organizations. In: Marras WS, Karwowski W (eds) Interventions, controls, and applications in occupational ergonomics. Taylor & Francis, Boca Raton
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Osranek, R., Zink, K.J. (2014). Corporate Human Capital and Social Sustainability of Human Resources. In: Ehnert, I., Harry, W., Zink, K. (eds) Sustainability and Human Resource Management. CSR, Sustainability, Ethics & Governance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-37524-8_5
Download citation
DOI: https://doi.org/10.1007/978-3-642-37524-8_5
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-37523-1
Online ISBN: 978-3-642-37524-8
eBook Packages: Business and EconomicsBusiness and Management (R0)