Types of Capital

Types of Capital

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There are different kinds of capital that individuals and organisations use to pursue their goals and deliver value.

Employees usually trade human capital (their individual time, talent and efforts) and intellectual capital (their thoughts and ideas) in exchange for financial capital (money).

Effort, ideas and money are not, however, the only forms of capital that exist.

There are at least six (6) different types of capital that individuals and organisations can use to achieve their objectives:

  1. Financial Capital – money, stocks and bonds. These are the most obvious forms of capital and some people focus on acquiring them to the exclusion of everything else.
  2. Human Capital – the time, energy and effort of individuals. Management consulting firms hire the best and brightest students and use them to produce new insights (and charge clients correspondingly high fees).
  3. Intellectual Capital – Ideas, knowledge, literature, software, proprietary technology and trade marks. Intellectual capital might be used as a substitute for human capital or to augment human capital and make it more productive and valuable.
  4. Material Capital – plant, property, equipment and computer hardware. The manufacturing industry often uses a lot of material capital in order to turn raw materials into finished products in an efficient way.
  5. Natural Capital – the farmland, hills, valleys, rivers, fresh air and oceans. Natural capital is the first and most fundamental type of capital upon which the other kinds are built. Unfortunately, profiteering capitalists and short sighted financiers often destroy natural capital in order to produce financial capital and maximise short term profits for shareholders.
  6. Social Capital – relationships, connection, recognition and prestige. Universities and religious institutions often produce large amounts of social capital. This form of capital would appear to be the glue which holds individuals, families, organisations and communities together.

HR consulting firms in India 2008

THE list of HR consulting firms forms part of the full list of consulting firms in India:

  1. Mitcon Consultancy Services Ltd
  2. Vruksham Talent Group
  3. ALP Management Consultants
  4. Synergetics
  5. Omam Consultants
  6. Ma Foi Management Consultants Ltd
  7. ABC Consultants Pvt Ltd

1. Mitcon Consultancy Services Ltd

Website: www.mitconindia.com

Founded in 1982, MITCON is based in Pune and also has an office in Mumbai and New Delhi.

MITCON provides total consultancy and training services to existing and new entrepreneurs, looking at a range of industry sectors.

2. Vruksham Talent Group

Website: www.vruksham.com

Founded in 1999, Vruksham has headquarters in Bangalore and offices in Ahmedabad, Coimbatore, Hyderabad, Mangalore and Pondicherry.

Vruksham provides management, recruitment, and software consultancy services.

3. ALP Management Consultants

Website: www.alpconsultants.com

Founded in 1996 in Bangalore, ALP has an office in Bangalore, Chennai, Pune, Hyderabad, Mumbai, New Delhi and Edison.

ALP provides recruitment consulting services.

4. Synergetics

Website: www.synergetics-india.com

Synergetics has an office in New Delhi, Chennai, Pune, Bengaluru, Hyderabad and Mumbai.

Synergetics is a leading “software development training” provider.

5. Omam Consultants

Website: www.omamconsultants.com

Omam has an office in New Delhi, Pune, Chandigarh, Kolkata and Mumbai.

Omam recruits candidates for senior and middle level management. Omam provides recruitment services to a wide range of industry segments including: telecom, engineering, automobile, FMCG, banks, insurance, chemical, petroleum, and infrastructure.

6. Ma Foi Management Consultants Ltd

Website: www.mafoi.com

Founded in 1992, Ma Foi has a strong global presence across Europe, USA, Middle East, South and Southeast Asia. Ma Foi has an office in Chennai, Colombo, Abu Dhabi, Bahrain, Shanghai, Dubai, Hong Kong, Kuwait, Kuala Lumpur, Oman, Qatar, Singapore, Bangkok, London, and New Jersey.

Ma Foi is a global HR consulting firm providing a range of services including: staffing, executive search, HR automation & outsourcing, consulting advice, and training.

7. ABC Consultants Pvt Ltd

Website: www.abcconsultants.net

Founded in 1969 by Dr B P Agrawal, ABC Consultants operate in India, the UK and Dubai. In India, ABC Consultants have an office in Kolkata (Calcutta), New Delhi, Bangalore, Madras, and Hyderabad.

ABC Consultants is the pioneer of organised recruitment services in India. Its focus is on middle and senior management talent needs. ABC Consultants recruits across various industry segments for multinational corporations as well as leading Indian business houses.

HR consulting firms in America 2008

THE list of HR consulting firms forms part of the full list of consulting firms in America:

  1. Hewitt Associates
  2. Towers Perrin
  3. Watson Wyatt

1. Hewitt Associates

Website: www.hewittassociates.com

Founded in 1940 as an insurance brokerage firm, it now has offices in 33 countries. In America Hewitt Associates has offices in Newport Beach, Pleasanton, San Francisco, Norwalk, Washington, DC, Orlando, Miami, Atlanta, Atlanta, Lincolnshire, Chicago, Hunt Valley, Waltham, Kalamazoo, Troy, Minneapolis, St. Louis, Bridgewater, New York, Charlotte, Independence, Philadelphia, Pittsburgh, Irving, The Woodlands, Falls Church, and Milwaukee.

Hewitt Associates is the world’s largest provider of multi-service HR business process outsourcing (BPO), and the only firm fully integrating HR outsourcing and consulting.

2. Towers Perrin

Website: www.towersperrin.com

Founded in 1934 in Philadelphia, Towers operates in 75 offices across 22 countries (excluding its alliance partner offices in South Africa, India, Austria, and Poland). In America Towers operates out of Atlanta, Austin, Bloomington, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbia, Dallas, Denver, Detroit, Hartford, Houston, Indianapolis, Irvine, Los Angeles, Miami, Milwaukee, Minneapolis, New York, Parsippany, Philadelphia, Phoenix, Pittsburgh, St. Louis, San Antonio, San Francisco, Seattle, Stamford, Tampa, Valhalla, and Washington, D.C.

Towers is a global professional services firm that helps organizations improve performance through effective people, risk and financial management.

3. Watson Wyatt

Website: www.watsonwyatt.com

Formed in 1878 in the UK as an actuarial firm, Watson Wyatt operates in 103 offices across 33 countries. In America it operates out of Atlanta, Berwyn, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Dallas, Denver, Detroit, Grand Rapids, Hartford, Honolulu, Houston, Irvine, Los Angeles, Madison, Memphis, Miami, Minneapolis, New York, Paramus, Philadelphia, Phoenix, Portland, Rochelle Park, San Diego, San Francisco, Santa Clara, Seattle, St. Louis, Stamford, Tampa, and Washinton D.C.

Watson Wyatt is a global consulting firm focused on human capital and financial management. They specialize in four areas: employee benefits, human capital strategies, technology solutions and insurance and financial services.