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Human capital is a critical component of your future success. It comprises your skillset, education, collective skills, knowledge, and creativity. Human capital is also the measure of the economic value you provide for you organization, through your knowledge, skills, and abilities.
Here are five ways you can improve your human capital:
1. Get more education.
The return on educational investment is more than the salary you receive. You can constantly keep on upgrading your skills even by registering yourself for various online or distance learning courses, something you can pursue along with your job. Continually seeking education makes you aware of the latest developments and opens his/her mind up to new ideas. Education goes a long way in preparing you to face new challenges in professional life and beyond.
2. Nurture your human network.
The more people who know you and are familiar with your skills and interest, the more opportunities you will have to, well, seek opportunities. Find ways to expand your network and cultivate your most important contacts. Reach out to those you admire on LinkedIn. Join and participate in forums that allow you to explore your professional and personal passions.
3. Never restrict yourself to a nine to five job.
Work on developing new skills that will help you with your overall performance. Be flexible and open to changes and new learnings. Use your free time and resources to get more experience either in your career field or in a field that interests or could benefit you.
4. Volunteer for skill development activities.
Get more involved in trainings. Don’t forget your organization is investing its time and resources in arranging training programs to benefit you. Never attend trainings or skill development activities with a closed mind or just for the sake of marking your attendance. Sit with your team on an open forum and brainstorm new ideas and concepts. Knowledge is something which can never be stolen.
5. Improve your Communication skills
As you improve on your speaking and presentation skills, you’ll be several steps ahead of your peers. Someone with the same knowledge and technical skills as you who does not know how to perform in front of an audience will be placed at a disadvantage alongside you.
Check out Toastmasters – a traditional path to improving public speaking skills – or look at the public speaking courses on Skillshare and Udemy. Enhanced communication works to improve your overall engagement performance. It is a major add-on skill that increases your human capital.
Bottom line; Improvement in human capital is a worthy goal to pursue. It’s an important aspect of your total financial value and also increases your ability to earn more.
