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Whole Foods: Difference Between Human And Social Capital

181 Words1 Pages
According to Kreitner and Kinicki (2013, pg. 14), “Knowledge workers, those who add value by using their brains rather than the sweat off their backs, are more important than ever in today’s global economy”. The difference in human and social capital is that human capital is the based off one individual’s knowledge, whereas social capital is based off a group of individuals. Whole Foods builds human and social capital in several ways (Harris, 2006). One way is by allowing their existing employees to have a voice when hiring prospective employees. Whole Foods allows their employees to vote on a potential employee, and they require at least two-thirds of the current employees to approve the new recruit before they will employ the person. Whole
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