Human Capital Management in Malaysia: Issues and Strategic Measures

Abstract

Aim: In this study, the human capital management concept and its importance were discussed. The study aims to gain insights on human capital issues in Malaysia and look on a strategic measure that has been taken to counter the issues. The objective also to add scanty literature review on the human capital issue. Method: This paper based on secondary data collection from reports, previous studies such as journals, books and newspapers. The key issues were constructed as a main-frame and been discussed thoroughly with solid arguments and supported evidences from previous findings and reports. Findings and Conclusion: The key main issues being discussed are education issues, brain drain issues and racial conflict issues. Racial conflict issue is considered as a unique issue facing by the country as Malaysia is a multiracial country, having positive discrimination practice and masked with discrimination practice from race-type organization. The discussed issues inflicted major damage to development of human capital in Malaysia which in turn hinder progress towards vision 2020. It is hoped that the government will and implement effectively discussed strategic measure to ensure competency of human labor in Malaysia.

Exploring the Role of Waqf Instrument in Supporting Educational Development: A Qualitative Content Analysis

“…It is so because a country's progress and development depend heavily on higher education. Awalluddin (2019) claimed that only competent human capital with a solid educational background and specialized skills could bring about national progress.…”