By Harry Scarbrough and Juanita Elias.This report examines the intangible asset of the knowledge, skills and initiative possessed by employees. Although most organizations recognize that employees are their most valuable asset, little is done to evaluate just how valuable it is. The authors argue that it is possible for organizations to measure and manage human capital using methodology designed to suit their own needs and goals.
A pilot project has been launched to connect 1600 people on a housing estate in London to each other and to the outside world. The project which is led by Newham Council, and supported by public and private sector partners, is one of seven around the UK which forms part of the Department for Education and Skills’ “Wired-Up Communities” initiative.
The first stage of implementing freedom of information legislation has been set in train with a ‘commencement order’ requiring public bodies to publish details of what information they will make available, how it will be published and whether there will be a charge. Central department must publish these details by the end of November.