Examlex
A real advantage of the lean philosophy is the reduction of coordination effort required.
KSAOs
The knowledge, skills, abilities, and other characteristics that are necessary for a person to perform well in a job. Also referred to as job specifications, KSAOs are derived from job analysis.
Job Specifications
A detailed description of the qualifications, skills, and experience required to perform a specific job.
Abilities
The natural or acquired skills and talents that individuals possess, which enable them to perform specific tasks effectively.
Human Capital Stock
The collective skills, knowledge, and abilities that employees bring to their workplace, considered an asset to the organization.
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