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utilising the skills of human being / resource to mutual success and benefit will only result in getting the task done. But making the human resource a capital asset, of the organisation needs an extra effort by the management to get the individual learn on continuous basis imporving their skills in various aspects of the business and empower them to be multi skilled and multi tasking individual increases the value of the asset or capital. this enhances the job satisfaction of the individual and make them feel to contribute adequately so the bottom line of organsiation and individual increases. this results in capital staying on its own with the company instead of HR making an effort to retain resource.
Human Resources is the practice where manpower is dealt with as a resource, the focus there in the HR strategy is on retention and utilization of the resource and cost cutting of related costs, looking to maximize output of that resource, while Human capital is when the employees of an organization are dealt with as an asset and the HR practitioners of such organization are trying to answer questions such as how can this capital grow in value, and strategies there includes a lot of investment in career planning, training and retention of employees usually practiced by sectors that prefers long term employment such as consulting firms or agencies, while Human resources practices are preferred by sectors like call centers and manufacturing plants.
