Research of Practices of Formation and Development of Human Capital in Companies of Various Industries on the Russian Market
https://doi.org/10.26794/2304-022X-2024-14-3-110-134
Abstract
Almost all global trends create a synergistic effect, which increases the importance of forming and developing human capital to ensure the survival of companies in the market and their confidence in the future, regardless of their size and type of activity. However, despite the unflagging and continued interest of the scientific community in the issues related to human capital, there are still many “white spots” in this area. The aim of this work is to explore the approaches to forming and developing human capital applied by companies doing business in Russia in the current realities and modern conditions, to identify industry specifics and to outline recommendations. To achieve this goal, the authors conducted a questionnaire survey of managers of enterprises from different segments of the economy. As a result of the analysis of the obtained data, the conclusions were made that not all organisations have a generally accepted definition of HR and not everywhere there are procedures for its assessment. The problems related to personnel development, creation of competitive labour conditions for employees, search for potential employees and internal filling of vacancies were also revealed. The methodology of this work is based on a systemic approach and surveying, as well as general scientific methods such as synthesis, analysis, comparison, and generalization. Research results: Despite the fact that, in the opinion of the authors of the study, it did not consider all the problems of human capital formation and its impact on the sustainability of organisations, the obtained results allowed for the identification of the peculiarities of approaches to forming and developing human capital, considering industry specifics, and can be useful to develop practical recommendations for managers of companies aimed at improving this activity. Originality: This study presents, for the first time, a comprehensive overview of the approaches to forming and developing human capital in companies across various industries in the Russian labor market.
About the Authors
E. S. YakhontovaRussian Federation
Elena S. Yakhontova — Dr. Sci. (Sociology), Professor of the Department of Corporate Management of the Higher School of Management
Moscow
D. V. Kutyavin
Russian Federation
Dmitrii V. Kutyavin — MSc, Business Systems User Support Product Manager, Mars Russia
Moscow
References
1. Petty W. The economic writings of Sir William Petty together with the Observations upon the bills of mortality more probably by captain John Graunt. Cambridge: Cambridge University Press; 1899. 422 p. (Russ. ed.: Petty W. Ekonomicheskie i statisticheskie raboty. Moscow: Sotsekgiz; 1940. 324 p.).
2. Malthus T., Keynes J., Larin Yu. Anthology of economic classics. Vol. 2. Moscow: Ekonov; 1993. 308 p. (In Russ.).
3. Smith A. An inquiry into the nature and causes of the wealth of nations. London: Methuen & Co., Ltd.; 1904. 1152 p. (Russ. ed.: Smith A. Issledovanie o prirode i prichinakh bogatstva narodov. Moscow: Sotsekgiz; 1956. 490 p.).
4. Kutyavin D. V. The evolution of attitudes towards the “human factor” in economic activity and the genesis of the concept of “human capital”. In: Corporate management and business education. Moscow: MAKS Press; 2022;(5):55–67. (In Russ.).
5. Semenov V. I., Chernenko I. M. Social responsibility of metallurgical industry enterprises as a way to attract investment in human capital. In: Innovations in materials science and metallurgy. Proc. 4th Int. interact. sci.- pract. conf. Ekaterinburg: Ural University Publ.; 2015:455–458. (In Russ.).
6. Becker G. S. Investment in human capital: A theoretical analysis. Journal of Political Economy. 1962;70(5–2):9– 49. DOI: 10.1086/258724
7. Becker G. S. Human capital. New York, NY: Columbia University Press; 1964. 534 p.
8. Kapelyushnikov R. I. The concept of human capital. In: Criticism of modern bourgeois political economy. Moscow: Nauka; 1977. (In Russ.).
9. Azriliyan A. N., ed. Large economic dictionary. Moscow: “Pravovaya kul’tura” Foundation; 1994. 470 p. (In Russ.).
10. Yakhontova E. S. Digital transformation and management models of a company. Problemy teorii i praktiki upravleniya = Theoretical and Practical Aspects of Management. 2020;(1):48–55. (In Russ.).
11. Dobrynin A. I., Dyatlov S. A., Kurganskii S. A. Human capital methodology. Ekonomika obrazovaniya = Economics of Education. 1999;(1):24–30 (In Russ.).
12. Kapelyushnikov R. I. The Russian labor market: A statistical portrait against the backdrop of crises. Moscow: HSE Publ.; 2023. 78 p. URL: https://wp.hse.ru/data/2023/05/16/2015545143/WP3_2023_02.pdf (In Russ.).
13. Zav’yalova E.K., Latukha M. O. Managing human resource development. St. Petersburg: St. Petersburg State University Publ.; 2017. 252 p. (In Russ.).
14. Benson-Armer R., Gast A., van Dam N. Learning at the speed of business. McKinsey Quarterly. 2016;(2):115– 121. URL: https://www.mckinsey.com/~/media/McKinsey/Business%20Functions/Strategy%20and%20Corporate%20Finance/Our%20Insights/mckinsey%20quarterly%202016%20number%202%20overview%20and%20full%20issue/Q216%20McKinseyQuartely%20FullIssue.pdf
15. Gimpelson V. E. Russian human capital in times of sanctions and counter-sanctions: Some redistributive implications. Zhurnal Novoi ekonomicheskoi assotsiatsii = Journal of the New Economic Association. 2022;(3):234–238. (In Russ.). DOI: 10.31737/2221–2264–2022–55–3–16
16. Koritskii A. V. Introduction to the theory of human capital. Novosibirsk: Siberian University of Consumer Cooperation; 2000. 112 p. (In Russ.).
17. Yakhontova E. S., Kutyavin D. V., Volodina V. V. Pandemic challenge for staff training and development systems. Vestnik universiteta (Gosudarstvennyi universitet upravleniya). 2022;(9):56–64. (In Russ.). DOI: 10.26425/1816–4277–2022–9–56–64
18. Andreev I. Lifelong learning. Valamis. Feb. 17, 2022. URL: https://www.valamis.com/hub/lifelong-learning
Review
For citations:
Yakhontova E.S., Kutyavin D.V. Research of Practices of Formation and Development of Human Capital in Companies of Various Industries on the Russian Market. Management Sciences. 2024;14(3):110-134. https://doi.org/10.26794/2304-022X-2024-14-3-110-134