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Investment in Human Capital as a Means to Preserve IT Strategic Advantage in an Organization: A Case Study of Greece

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  • Nikolaos Preve

    (National Technical University of Athens, Greece)

Abstract

The rapid evolution of technology during the past decade has increased among large organizations, while at that same time they are reducing costs to retain their strategic advantage in the market. Organizations have also realized that numerous employees or cutting the size of an organization is not always a solution. Most recently, they have turned their attention to the human factor, which is renewable, to gain and retain strategic advantage inside a competitive market. The paper analyses investment in human capital, demonstrating how it is the sole solution. This paper examines knowledge employees, based on a well-structured IT department, and how they increase productivity and comprise the core of the organization structure. The leadership of an organization must administer its human resources properly to maximize the profit of their investment.

Suggested Citation

  • Nikolaos Preve, 2012. "Investment in Human Capital as a Means to Preserve IT Strategic Advantage in an Organization: A Case Study of Greece," International Journal of Human Capital and Information Technology Professionals (IJHCITP), IGI Global, vol. 3(2), pages 25-39, April.
    • Handle: RePEc:igg:jhcitp:v:3:y:2012:i:2:p:25-39
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