The Human Capital Report Flashcards
Detrimental
adjective
Causing harm or damage
* These chemicals will have a detrimental impact on people’s health.
* Their new CEO might be detrimental to the future of their company.
Society as a whole
phrase
Used to refer to people as a group, rather than as individuals
* Persol is trying to better the lives of society as a whole.
* He believes that society as a whole is in danger.
Workforce planning
noun
Managing human resources into the future to meet business objectives
* We are using workforce planning to ensure that organizations have the people with the right skills in place.
* Strategic workforce planning is critical to our success.
Human Capital Endowment
noun
An individual’s skills and capacities put to productive use on behalf of society
* Human capital endowment development strategies are critical to the success of a nation.
* Life-long learning is key in a comprehensive human capital endowment strategy.
A nation
noun
A group of people with a common language, history and geographic territory.
* Independence is vital for the survival of a nation.
* The Cherokee is one of the great nations of North America.
Leverage
verb
To use something that you already have in order to achieve something new or better
* We are trying to leverage AI technologies in our new products.
* Our marketing department will leverage our social media accounts as best they can.
Scarcity
noun
A lack of something
* There is a scarcity of IT talent in Japan.
* We are facing a scarcity of skilled workers.
Talent crunch
noun
The growing scarcity and high demand for skilled and qualified workers in various industries worldwide
* It is estimated that by 2030 there will be a worldwide talent crunch of 85 million.
* They gave us some tips on how to manage the upcoming talent crunch.
Population dynamics
noun
The births, deaths, immigration and emigration of a country / nation
* Population dynamics will play a major role in the next few decades.
* Population dynamics is incredibly complex and hard to estimate.
Civil society
noun
Society as it relates to normal people (Distinct from business and government)
* Our company is trying to involve itself in civil society.
* Wellbeing in civil society is a key factor.
Pillar
noun
An important part /basis of something
* “Work and smile” is at the pillar of our organization.
* Our philosophy consists of four pillars.
Population pyramid
noun
An illustration of a population’s age and gender distribution
* Males are usually to the left and females to the right on a population pyramid.
* The population pyramid of a country is a very good indication of its birth rates.
Multiply
verb
To increase something very much in number
* We will need to multiply the amount of engineers we employ.
* Unemployment in Spain is multiplying every year.
Rapidly aging populations
noun
Referring to a nation where there are many elderly people and fewer working-age people in the economy
* Japan and Italy are dealing with rapidly aging populations.
* Rapidly aging populations will be a critical factor in the coming century.