Holistic Management
A term originally used to describe an approach to managing land resources that builds biodiversity, improves production, generates financial strength, and improves the quality of life for those who use it. Holistic Management addresses the farm, family, and community as an integrated whole, instead of as separate parts. Coined by Allan Savory, a biologist in […]
Human Capital
One of at least four forms of capital used by people, organizations, corporations, and governments, to build and maintain their livelihoods. Human Capital is the sum total of knowledge, experience, “good will,” intellectual property, and labor available to an organization or society. While many organizations value their people, many do not manage or measure human […]
Hypercar
A specification for a passenger vehicle made of ultra-light materials, is aerodynamically streamlined (for low drag), and uses a hybrid-electric drive system. Regenerative design (such as in hybrid cars) is also implemented which converts normally wasted braking energy back into stored electricity. While any one of these characteristics alone can create improved efficiency, when all […]
Hypercompetition
Often a characteristic of new markets and industries, hypercompetition occurs when technologies or offerings are so new that standards and rules are in flux, resulting in competitive advantages that cannot be sustained. In response, companies must constantly compete in price or quality, or innovate in supply chain management, new value creation, or have enough financial […]
