Document Type

Article

Publication Date

5-1-2007

Abstract

Within the hightech defense industry, product reliability results are delivered through the integration of technology solutions and process innovation. This is entirely a result of the ways that people in defense corporations and government agencies develop and use their talent. However, due to the increased average age of defense industry employees and the bimodal distribution characteristics of most technical companies, sustainability of performance is currently at risk. A robust and meaningful way to measure human capital and its contribution to the corporation's net worth is essential to enabling analysis, discussion and appropriate investment. Unfortunately, literature dedicated to human resource accounting is scant. The material that does exist focuses primarily on fullcost analysis of human resource efforts or counting demographic aspects of the workforce in an organization (such as the number of college degrees). Neither of these approaches helps us understand the distinct aspects of human resource capital, its utilization, or the degree of capital expenditure and/or reinvestment for a particular company or agency at any point in time. Clearly, new concepts, measures and models are needed.

Keywords

defense industries, sustainable performance, organizational culture, return on invested human capital

Rights

© The Author(s). Kelvin Smith Library provides access for non-commercial, personal, or research use only. All other use, including but not limited to commercial or scholarly reproductions, redistribution, publication or transmission, whether by electronic means or otherwise, without prior written permission is strictly prohibited.

Department/Center

Design & Innovation

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