Human Capital Management – What is it?
What are you doing to optimize your employees? Develop and retain the best employees? Successful manage them? Your answers to these questions will inform you on how effective is your human capital strategy
What is Human Capital Management?
On its basic level, human capital views the people working in a company as a valuable resource that needs to be properly managed. Like physical assets or finances, the employees of a company are vital to the company’s success.
Rather than view people as random individuals, human capital sees them as a collective resource that must analyzed, quantified, organized, and measured to ensure business success.
The 9 ways human capital management works to support the company and its workers. Recruiting.
Human capital management begins with the recruiting process. Companies must have a clear understanding of the needs of the workforce in order to hire people who will fit smoothly into the … Continue reading Human Capital Management – What is it?