Human Capital is multi-faceted. It can be further broken down in various aspects – ranging from intercultural wisdom, individual strengths, over academic backgrounds, to professional experiences and other acquired expertise. Each of us is equipped with a variety, a diverse set, of these. If we could further assume that we can trust in each other’s capabilities to deliver towards a common goal, one could argue that only, ‘the sky is the limit’. If that were so, what is missing in a world where crisis and chaos appears ubiquitous?
In the video, my friend and former classmate Aalok and I, state that we are mainly misled by the assumption that time is the limiting, the constraining, factor. However, we are convinced that it does not have to be this way!
We would like to ask the question, whether or not we believe that we are all utilizing such a precious good like time wisely? Do we ask for support regarding skills we may not have? Do we admit weakness on tasks in which we do not excel? Do we allow ourselves to focus on our strengths? And most importantly, do we have a possibility to access un(der)utilized potential (human capital), to access free resources, or maybe even pool the time we all might have to spare?
Let’s assume a methodology could be developed that allows to pool time, our resources, and an individual’s human capital for private or professional projects – regardless whether among family members or peers, in and across businesses, or even between various sectors (e.g., private, public, civil). We are convinced that this is and does not have to be fiction, it can be reality!
We would like to assume that partnering with and adapting a technical backend of one of the crowdfunding platforms would open up such possibilities for relatives, friends, colleagues, social workers, or managers the like. Spending some of our precious time on and pool our human capital towards voluntary commitments! Allowing ourselves to gain self-autonomy for ones’ personal as well as professional development, to explore own, novel ideas of collaboration, concentrating on our strengths, but at the same time learning new skills from others.
Such an approach, we believe, would have to be accompanied by mentoring to facilitate behavioral change. Adapting time management practices, regardless if at home or at work, and understand concepts of resource allocation. For example, coaching embedded in a social co-development, real-life project that uses the voluntary commitments of individuals and the variety of our diverse human capital to bring about social change through frugal innovation – as our time might be precious, but as it is spare, it is for free, or should come at no costs, if we understand that we will get back.