Unit of competency Outline

Date retreived
22/07/2026 1:30 PM AWST

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Develop human capital

Develop human capital

Unit of competency
National Code
BSBLED810
State Code
AUK00
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
080303 - Human Resource Management
Original Release Date
15/09/2015
Nominal Hours
80
Description
This unit describes the skills and knowledge required to identify human capital; to consult on advantages of human capital with internal and external stakeholders or collaborative partners; and to develop and monitor capital value attained through implementation of development activities.It applies to individuals working to enhance individual, team and organisational capabilities. While not all individuals will operate within an organisation that acknowledges and treats people as a capital asset, training and related people development activities may be advanced by considering principles and practices relating to the concept of human capital.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify human capital
  • 1.1 Analyse and evaluate principles of human capital theory and concepts
  • 1.2 Assess factors involved in formation of human capital
  • 1.3 Determine capital asset value of human resources in an organisation, an industry or region
  • 1.4 Determine relationship between human capital and organisational requirements
2. Consult on advantages of human capital development
  • 2.1 Develop and prioritise strategies for deploying human capital development strategies to support the organisation’ training needs profile in consultation with key stakeholders
  • 2.2 Negotiate with key stakeholders on opportunities for collaborative human capital development projects
3. Develop and monitor human capital development
  • 3.1 Complete human capital needs analysis and development planning according to organisational requirements
  • 3.2 Analyse and interpret information and data on human capital gaps and forecasts
  • 3.3 Implement options and strategies to develop, attract and retain talent
  • 3.4 Implement options and actions to optimise asset value of human resources in relation to organisational strategic imperatives
  • 3.5 Determine talent and develop potential of human capital required to meet organisational requirements
  • 3.6 Promote capacity of organisation, team and individual employees to achieve strategic and personal advantage through effort to develop human capabilities
No information
No information
Replaces
State Code National Code Title Type
D0809 BSBLED710A Develop human capital Unit of competency
Replaced By
State Code National Code Title Type
OCG23 BSBHRM611 Contribute to organisational performance development Unit of competency
No information