Journal of Business Ethics

, Volume 44, Issue 2, pp 171–184

Human Capital Management: New Possibilities in People Management

  • Marcel van Marrewijk
  • Joanna Timmers

DOI: 10.1023/A:1023347715882

Cite this article as:
van Marrewijk, M. & Timmers, J. Journal of Business Ethics (2003) 44: 171. doi:10.1023/A:1023347715882


In addition to the traditional personnel and human resource management (HRM), there is a need for a new approach to personnel management, which we will call Human Capital Management (HCM). HCM emphasises an alignment between the individual and the organization and in our view offers the challenge and the key to successful management in the future.

human asset management human capital management human potential human resource management 

Copyright information

© Kluwer Academic Publishers 2003

Authors and Affiliations

  • Marcel van Marrewijk
    • 1
  • Joanna Timmers
    • 1
  1. 1.Van Linden vn den Heuvellsingel 7VlaardingenThe Netherlands

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