The Importance of Human Capital

The Importance of Human Capital

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‘Human Capital’ is linked within the whole HRM concept. It is about seeing people as value-creating assets and managing them accordingly. Consider a maritime organisation you are familiar with and critically evaluate their approaches to HRM in order to add value to the business through their people.

You should consider a variety of ways in which organisations manage and motivate their workforce to ensure they add value to the business and to help it to remain competitive in its marketplace.

You should use the HRM theory you have learnt in the lectures and seminars and apply it to your discussion.  You are required to demonstrate that you firmly understand the HRM principles and have investigated how these apply and are implemented in a specific maritime organisation.  You must provide real facts and evidence from your research that demonstrates the company manages its HR strategy and policy.

You must not simply provide a report of detailed HR theory. You will be assessed on your application of the theory to real issues and organisations. Therefore you must support your discussion and conclusion with extensive research and evidence.

Any organisation you choose to research should have a maritime or logistics element such as shipping lines, tankers, bulk carriers, cruise companies, ports or port owners, maritime agencies, logistics providers etc.

Learning Outcomes

This assessment will enable students to demonstrate in full or in part the learning outcomes identified in the unit descriptors.

Extenuating Circumstances

The University’s Extenuating Circumstances procedures are in place if there are genuine circumstances that may have affected your academic performance. Remember however you need to be ‘fit to study’, this means that you can either submit your assessed work or declare extenuating circumstances, but you cannot do both.

A summary of guidance notes for students is given below:

Academic Misconduct

Any submissions must be your own work and, where facts or ideas have been used from other sources, these sources must be appropriately referenced. The University’s Academic Handbook, includes the definitions of all practices that will be deemed to constitute academic misconduct. You should check this link before submitting your work.

Procedures relating to student academic misconduct are given below:

Ethics Policy

The work being carried out by the student must be in compliance with the Ethics Policy. Where there is an ethical issue, as specified within the Ethics Policy, then the student will need an ethics release or an ethical approval prior to the start of the project.

The Ethics Policy is contained within Section 2S of the Academic Handbook:

Anonymous Marking

A copy of the University’s Policy on Anonymous Marking, process details and student guidance on submission sheet completion can be found on the following links, which are also uploaded on the Student Portal.  The guidance ‘fact sheet’ will be available at Faculty Reception Points.



Fact Sheet:

Grade marking

The University uses a letter grade scale for the marking of assessments. Unless you have been specifically informed otherwise your marked assignment will be awarded a letter grade. More detailed information on grade marking and the grade scale can be found on myCourse. The guidance ‘fact sheet’ is available at the Faculty Reception Points.


Fact sheet:

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