HUMAN CAPITAL: Meeting the Governmentwide High-Risk Challenge
Abstract
Thank you for the opportunity this morning to contribute to the Subcommittee's discussion about the urgency of improving the way the federal government manages its most valuable asset its people. High-performing organizations in the private and public sectors have long understood the relationship between effective people management and organizational success. An organization s people its human capital are its most critical asset in managing for results. However, the federal government has often acted as if federal employees were costs to be cut rather than assets to be valued. After a decade of government downsizing and curtailed investments in human capital, it is becoming increasingly clear that today s federal human capital strategies are not appropriately constituted to meet the current and emerging needs of the federal government and the nation's citizens.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 2001
- Accession Number
- ADA387257
Entities
Organizations
- United States Government Accountability Office