The stress on 'human resources' as an organizational asset goes back at least to Drucker . This was elaborated in the theory of 'human capital' by Schultz who was concerned to describe the benefits of education as a 'production good' enhancing the economic resources of society, and by others like Becker who argued for the benefits to economic growth of a well-trained workforce. While labour market segmentation theory developed in reaction , human asset accounting in the 1970s applied the capital theory to quantifying investments in people by the organization . This was embraced by some as a way of encouraging humane employment policies, less geared to the short-term .- Andrew Pettigrew ✦ Customize This Card SAVE: .PNG .JPG .SVG COPY DESIGN: ✦ EXTREME MIX THEME PATTERN FRAME CUSTOM BG: UPLOAD IMAGE ✕ CLEAR DIM: FONT: Playfair Display Cinzel Royal Cormorant EB Garamond Lora Editorial Merriweather Baskerville Roboto Slab Montserrat Raleway Oswald Bold Lato Clean Great Vibes Dancing Script Pacifico Caveat Brush Amatic SC RATIO: Auto Fit 4:5 Portrait 1:1 Square 5:4 Classic 16:9 Wide 9:16 Story 3:4 Poster RES: 1x Standard 2x HD (1080p) 3x Ultra (4K) 4x Extreme Print BG PAT TEXT FRAME The stress on 'human resources' as an organizational asset goes back at least to Drucker . This was elaborated in the theory of 'human capital' by Schultz who was concerned to describe the benefits of education as a 'production good' enhancing the economic resources of society, and by others like Becker who argued for the benefits to economic growth of a well-trained workforce. While labour market segmentation theory developed in reaction , human asset accounting in the 1970s applied the capital theory to quantifying investments in people by the organization . This was embraced by some as a way of encouraging humane employment policies, less geared to the short-term .- Andrew Pettigrew