Meaning ● Human Capital Enhancement, in the context of Small and Medium-sized Businesses, fundamentally represents a strategic investment in the skills, knowledge, and abilities of employees to drive growth and improve competitiveness. This effort commonly focuses on training, development, and organizational learning initiatives, targeting specific skills gaps related to automation implementation or operational efficiencies. To successfully boost revenue, businesses focus on their capital expenditures and employee improvements as this helps propel organizational change management during expansion.
