New Paradigm of HRM : Human Capital and Theory

It may become responsibility of HRM departments in firms to gain theoretical knowledge for professionals. For example, training division may organize theoretical training program for marketing professionals in marketing field. or HR department may enroll professionals for PhD and MBA programs, who has career planning and career maps in organizations. This theoretical knowledge may increase task performance of employees. For example, professionals may apply product life cycle, GE matrix, and Hofer analysis in his/her career after theoretical training