HUMAN CAPITAL DEVELOPMENT
Human Capital is a measure of the skills, education, capacity and attributes of labor which influence their productive capacity and earning potential.
Human Capital is a measure of the skills, education, capacity and attributes of labor which influence their productive capacity and earning potential.
According to the OECD, human capital is defined as:
“the knowledge, skills, competencies and other attributes embodied in individuals or groups of individuals acquired during their life and used to produce goods, services or ideas in market circumstances”.
Human Capital is a measure of the skills, education, capacity and attributes of labor which influence their productive capacity and earning potential.
Economic development is the development of economic wealth of countries, regions or communities for the well-being of their inhabitants. From a policy perspective, economic development can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating and/or retaining jobs and supporting or growing incomes and the tax base.
Broad-based economic growth is essential to sustainable, long-term development.It creates the opportunities impoverished households need to raise their living standards, provides countries with the resources to expand access to basic services, and—most important of all—enables citizens to chart their own prosperous futures. Roughly half the world’s population still lives on the equivalent of about US$2 a day with global unemployment rates of 5.7% and having a job doesn’t guarantee the ability to escape from poverty in many places. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty.
A continued lack of decent work opportunities, insufficient investments and under-consumption lead to an erosion of the basic social contract underlying democratic societies: that all must share in progress. Even though the average annual growth rate of real GDP per capita worldwide is increasing year on year, there are still many countries in the developing world that are decelerating in their growth rates and moving farther from the 7% growth rate target set for 2030. As labor productivity decreases and unemployment rates rise, standards of living begin to decline due to lower wages.
We cannot talk about Economic growth and development without implement or pursuing a robust Human Capital Development program and policies as well as leveling the playing field for all people and countries.
We cannot talk about Economic Development and growth of a nation without addressing Human Capital Development . A nations economic growth is tied to her Human capital development initiatives and policies. Show me a nation with a robust economy and I will show you the Human innovation, ingenuity, creativity, and leadership behind their economic success. I will show you the investments put into developing skills, talents, knowledge, creativity, innovation by that nation. Our greatest assets are us, our women, our men, our boys, and our girls. Nobody is left out, for each has something to contribute to the society when given the right tools and platforms.
Any nation where the creativity and innovation of her populace is stiffened , cannot make much progress economically. Human Capital is not just about labor, it is also about strategic vision planning, Financial and Business Management Education and skills, Leadership and Problem solving, designing solutions for tomorrow’s challenges today’ finding cure for diseases and creating an eco-system with the right civic space and value chain.
No nation or community can claim economic growth without a robust People Capital, which is the recognition that people in organizations, businesses and communities are an important and essential asset; who contribute to development and growth, in a similar way as physical assets such as machines and money.
The collective attitudes, skills and abilities of people contribute to organizational performance and productivity. Any expenditure in training, development, health and support is an investment, not just an expense. The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
Many people , especially in the developing and under-developed countries do not have access to learn a trade or start a business of their own. Many rely on relatives to take them under their wings and teach them a trade in exchange for serving them for a period of time which ranges from 5 to 7 years. Some of these agreements or contracts are broken before they end of the apprentice program.
We identify young men and women who may benefit from apprenticeship program. We will enroll them in a trade, pay the fees for them and monitor their progress. We mediate and resolve any issues that may arise between the apprentice and his Mentor and ensure that at the end of the program the apprentice is settled as agreed. For example a young man wants to learn the art of dealing in electronics. Arise International will seek out an electronics dealer to train the young man; we will be involved in the contract negotiations and agreement as well indemnify the Electronics dealer. The apprentice will live serve under the tutelage of the dealer for an agreed duration without receiving any pay from the Dealer , who after the duration of the apprenticeship will set the young man up with a store and some goods to start up his own business with; same applies in the case of a young lady.
Why the apprenticeship program; The young man or woman will not only learn the trade but at the end of the apprenticeship will acquire relevant knowledge and skills of the trade and also have the needed tools, funds to start up their own business without taking out any loans.
The apprenticeship programs will be in the areas of textile, electronics, motor spare parts, catering, and all other types of commodities, and consumer goods trading.
With a vocational training, a young man, or woman gets an education in a chosen vocation for a short duration of time than a University Education and earn a certificate for completion of the program. With the certificate earned the young man or woman can seek and gain employment or start a business in their respective vocation , the choice is entirely theirs.
We established vocational and skills acquisition centers offering programs in Auto Mechanic, Tailoring, Hair dressing, Cosmetology, Web Design and Computer Programing, Printing, Plumbing, Painting, Carpentry, Cabinet making, Electrical, Machinist,Baking and Pastry, Coding, Graphics,Computer Networking,Business Management, Entrepreneurship, etc.
These programs will enable the young man or woman acquire skills that will help him or her secure a meaningful employment and skill set. The vocational program will also help people with disabilities acquire needed relevant skills that will enable them gain employment.
Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal. This program is designed to inspire men. women, boys and girls to develop the skills and traits in them to become leaders in their respective communities. It is designed to help them build and develop confidence to lead and affect positive change within their communities.
Our leadership program will help boys, girls , men and women develop and sharpen skills that will make them successful as leaders in the society; Problem solving skills, communication and interpersonal skills, team building and analytical skills. Our capacity building workshops will help raise and prepare Tomorrows leaders today. “We prepare for tomorrow, today” Ifeanyi Nwanoro
While there are people who seem to be naturally endowed with more leadership abilities than others, people can learn to become leaders by improving particular skills.
We use our coaching and mentoring program to unlock the individuals potentials to maximize their own performance. The program helps them to learn to release the greatness in them and silencing all negativity.This program is designed to help them improve on their permanence and focus on the here and now rather than on their past mistakes and what would be tomorrow.
We help them focus on concrete issues, such as managing more effectively, speaking more articulately, and learning how to think strategically. This requires a content expert (coach) who is capable of teaching the coachee how to develop these skills.
Help to improve the individual’s performance on the job. This involves either enhancing current skills or acquiring new skills. Once the coachee successfully acquires the skills, the coach is no longer needed.
This is a 12 weeks curriculum program geared to train and teach the youths about Entrepreneurship ( How to start their n business. It covers writing business plans; how to discover opportunities, budgeting, sourcing funds, accounting, marketing etc.
At the completion of the course seed money will be offered to some of the youths based on their business plans and they will be paired with a mentor or coach for one year who will guide them through the rigors of starting and running a successful business
We offer a mentoring program with the mindset of developing a long-term relationship, focused on supporting the growth and development of the mentee. The mentor we pair them with becomes a source of wisdom, teaching, and support. Research has long demonstrated that youth benefit from close, caring relationships with adults who serve as positive role models.
We seek to provide a safe environment where the mentee shares, whatever issues affecting his or her professional and personal success. Although specific learning goals or competencies may be used as a basis for creating the relationship, its focus goes beyond these areas to include things, such as work/life balance, self-confidence, self-perception, and how the personal influences the professional.
The program is designed to help develop the individual not only for the current job, but also for the future. We seek to build a climate of trust that creates an environment in which the mentee can feel secure in sharing the real issues that impact his or her success.
Ensuring economic growth is broad based and reducesing poverty has become a fundamental development challenge. In many countries, poor people cannot fully participate in, or enjoy the benefits of, economic growth.
Poor people, particularly poor women, in the developing world often lack access to safe places to keep their savings. They cannot obtain credit to start businesses or to grow their businesses or farms.
The poor often do not have basic services like insurance to protect themselves against drought and natural disasters. Small and very small firms owned by the poor often have little help in getting access to new technologies or business networks that could improve opportunities to sell their products.
Our programs enhance poor people’s access to financial services such as savings accounts and credit. These programs seek to:
These programs also help small businesses access new inputs, technology and services that lead to improved products that bigger businesses are looking to purchase.
Our micro-enterprise programs will improve the lives of the very poor, helping them to: recover from shocks such as a flood or death in the family; protect themselves against risks such as illness or drought; and steady home food and family purchases so that they have the ‘breathing space’ that allows them to work to graduate themselves out of poverty.
Additionally, We are are working with various agencies to broaden micro financing product offerings to include health, education, and energy, to meet the needs of the mass market. In our experience, microfinance, when offered with other services, improves household earnings.
Another major area of focus is expanding access to financial services to the rural dweller, through mobile phone technology. Mobile money services help the poor reduce the cost of banking transactions and have been shown to increase savings. Along with developing these services, the Agency is working to support a robust regulatory environment to ensure users’ money is not put at risk.