Coaching for Human Capital Development

Human capital development is one of every organisation’s primary goals and priorities. It is also a precondition and a necessity for individuals to succeed in the current international dynamic labour market, to endure and know how to perform their work duties so that the organisation helps an individual’s growth while continuously improving, deepening and developing the educational level. Fitzgerald (1992) perceives development and related corporate training as a tool helping individuals to support an organisation and enable success in their current positions, as well as acquiring knowledge and skills related to the existing tasks. The effort to improve the knowledge, attitudes and skills of human capital is the essence of human capital development and corporate training. Corporate training can also increase employees’ trust, motivation and subjective job satisfaction (Fill and Mullins 1990). Milkovich and Boudreau (1991) talk about the systematic process of changing individuals’ behaviour, knowledge and motivation to increase the degree of the correspondence between the characteristics of employees and the requirements imposed on them. Modern and contemporary organisations combine their success and competitiveness with the preparation, development and formation of the working potential of their managers to achieve a high level of talent, skills, knowledge and motivation (Horváthová 2011; Mikušová and opíková 2016). Corporate training is an essential technique for increasing the productivity and development of human capital (Goldstein and Goldstein 1990). According to Srivastava (2002), by this, we pursue continuous innovation created by making links between an organisation’s external and internal worlds, helping it maintain its competitiveness. The survival of organisations depends on whether they can equip their employees with the right skills and competencies complemented by the correct attitudes. In this way, training and development serve an organisation’s aims, primarily by increasing adaptability and the ability to react to changes in the economic and business environment.