Asked by Elena Martinez on May 25, 2024

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The Conference Board of Canada (2016) identified the top human capital challenges faced by organizations.Which of the following is the top human capital challenge for organizations?

A) leadership capacity
B) labour cost containment
C) capacity to innovate
D) aging workforce

Human Capital Challenges

Issues related to managing and developing an organization's employees in order to maximize their value and productivity.

Leadership Capacity

The capability of an individual or organization to lead, influence, and support others towards achieving common goals.

Labour Cost Containment

Strategies employed by organizations to control or reduce labor expenses without negatively impacting employee performance or morale.

  • Comprehend significant trends in human resources and their effects on organizations.
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JA
Johana AguirreMay 31, 2024
Final Answer :
A
Explanation :
According to the Conference Board of Canada (2016), the top human capital challenge for organizations is leadership capacity. This refers to the ability of organizations to identify, develop, and retain effective leaders at all levels. With the rapid pace of change and increasing complexity of the business environment, organizations need leaders who can navigate uncertainty, inspire and engage employees, and drive innovation and growth. Labour cost containment, capacity to innovate, and aging workforce are also important human capital challenges, but they are not the top challenge identified by the Conference Board of Canada.