Human Capital Management

Walker (1992) defines strategic HRM as 'the means of aligning the management of human resources with the strategic content of the business'.

Author: Angela Baron

Publisher: Kogan Page Publishers

ISBN: 9780749451370

Category: Business & Economics

Page: 240

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Human Capital Management (HCM) has been described as a high-level strategic issue that seeks to analyse, measure and evaluate how people policies and practices create value. Put simply, HCM is about creating and demonstrating the value that great people and great people management add to an organization. This unique book describes how HCM provides a bridge between human resource management and business strategy. It also demonstrates how organizations can use the concepts of human resource management and the processes involved to enhance the value they obtain from people while continuing to meet their aspirations and needs. Armstrong and Baron explain how to achieve these objectives using various approaches including: Describing the concepts of HCM and how the process works; Examining the practice of HCM with regard to measurement and reporting; Discussing the various applications of HCM with regard to HR strategy formulation, learning and development, knowledge management, performance management, reward management and talent management; and examining the role of HR in HCM and the future of the concept. It also contains an appendix a toolkit which organizations can use to develop their own HCM policies and practices.
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Roi on Human Capital Investment

The intersection of demand and supply in human capital markets is not a speculation. The data has been derived from existing public demographic records.

Author: Michael Echols

Publisher: iUniverse

ISBN: 9780595346486

Category: Business & Economics

Page: 86

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Learn how to reduce risk and improve return on investments in your company's most important asset - your people - with "ROI on Human Capital Investment." Author Michael E. Echols brings over thirty years of experience managing and educating executives in human capital decision making. In clear, data-based models, Echols examines the financial impact of policies, procedures and actions related to human capital investment decisions. Echols shows that Return on Investment (ROI ) is the key measurement in convincing CEOs to commit resources to people development. Topics covered include: Myths and reality of tuition reimbursement benefits ROI to the employee ROI to the corporation Budget for human capital investment Corporate policies for managing tuition reimbursement benefits HR role with the CEO on investment decisions Written with the busy executive in mind, "ROI on Human Capital Investment" is organized by management topic with cross-referencing to support concepts in other chapters. This book is a must have for human resource managers, organizational development managers, chief learning officers, chief financial officers and chief executive officers running large and small companies.
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Labour Productivity Investment in Human Capital and Youth Employment

... development of human capital in Nigeria. The study confirms the insufficiency of youth employment opportunities in the formal labour market of Nigeria.

Author: Olga Rymkevich

Publisher: Kluwer Law International B.V.

ISBN: 9789041132499

Category: Law

Page: 232

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Unemployment levels are on the rise nearly everywhere, and the rate is particularly high among young people. If this trend is not reversed, the potential long-term economic and social damage is incalculable. For this reason a particular urgency attended an international conference on the subject held in March 2009 at the Marco Biagi Foundation in Modena, Italy, in the course of which specialists in labour law, human resources management, labour economics, sociology, education, and statistics met to present and compare research. This issue of the Bulletin of Comparative Labour Relations includes a selection of the papers presented at that conference. Although the selected essays present findings on specific issues in particular countries, the general applicability at the global level is evident. Assessing measures taken to deal with youth unemployment in thirteen countries (Italy, Spain, Russia, Sweden, Bulgaria, Estonia, Hungary, Poland, Israel, Nigeria, the United States, China, and Singapore), twenty-five leading authorities describe and analyse such aspects of the problem as the following: vocational education and training; quality of employment as well as quantity; links between educational institutions and local, national and international enterprises; consultation and co-operation between employers' associations and trade unions; job security vs. employment security; funding for postgraduate programmes, internships, and on-the-job vocational training; career development for future managers; safeguards for workers in a framework of flexibility; labour market pressure from unskilled immigrant workers; 'earn-as-you-learn' schemes; work in the informal economy; and the rationale behind the phasing out of passive labour market measures for school leavers such as unemployment benefits.
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Human Capital

March 6 , 2007 G A O HUMAN CAPITAL Accountability . Integrity . Reliability Highlights Federal Workforce Challenges in the 21st Century Highlights of GAO ...

Author: J. Christopher Mihm

Publisher: DIANE Publishing

ISBN: 1422315673

Category:

Page: 11

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The fed. gov¿t. is facing new & more complex challenges in the 21st century because of long-term fiscal constraints, changing demographics, evolving governance models, & other factors. Strategic human capital mgmt. must be the centerpiece of any serious change mgmt. & transformation effort to meet these challenges. However, fed. agencies do not consistently have the modern, effective, economical, & efficient human capital programs, policies, & procedures needed to succeed in their transformation efforts. In addition, the Office of Personnel Mgmt. must have the capacity to successfully guide human capital transformations. This testimony focuses on strategic human capital mgmt. challenges that fed. agencies continue to face.
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Strategic Human Capital Development and Management in Emerging Economies

Human capital is not something that can be owned by the organization (Coff, 1997), and thus firms must deploy human resource policies and practices that can ...

Author: Bhattacharya, Anshuman

Publisher: IGI Global

ISBN: 9781522519751

Category: Business & Economics

Page: 321

View: 338

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The analysis and implementation of effective human resources strategies creates opportunities for organizational success. By utilizing such intangible assets, businesses can gain competitive advantage and enhance productivity. Strategic Human Capital Development and Management in Emerging Economies is a comprehensive reference source for the latest scholarly research on the intersection of globalization, organizational behavior, and human capital management in the context of developing nations. Covering a range of business-oriented topics, such as job proficiency, corporate social responsibility, and burnout syndrome, this book is ideally designed for managers, researchers, academics, professionals, and graduate students interested in sustainable management of human behavior in modern organizations.
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Human Capital and Global Business Strategy

Firms will either reinvest in the HR function to build a more strategic capability and stewardship for the human capital, or they will empower other more ...

Author: Howard Thomas

Publisher: Cambridge University Press

ISBN: 9781107656598

Category: Business & Economics

Page: 288

View: 970

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Human capital - the performance and the potential of people in an organisation - has become an increasingly urgent issue for business leaders. Dramatic demographic shifts, the globalisation of organisations, increasing business complexity, and generational differences are causing many organisations to place a more deliberate focus on human capital as a key element in strategic planning and execution. This book helps business leaders determine how to address human capital as part of their business strategy, to drive value and realise the potential of the organisation. Topics are presented clearly, allowing readers to quickly grasp and apply key concepts and ideas. The authors share both their academic research and practical experience from around the world, providing first-hand case studies and examples to help bring theoretical topics to life. With a strong practitioner focus, this book will provide business leaders and HR professionals with new insights into how to improve business performance through a unique, strategic approach to human capital.
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Investing in Human Capital

capital contracts 7 Human capital options What is an option? A special option: human capital as the underlying asset Onestep further:a human capital option, ...

Author: Miguel Palacios Lleras

Publisher: Cambridge University Press

ISBN: 9781107320482

Category: Business & Economics

Page:

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Most higher education finance literature assumes that students cannot pledge their future earnings to finance their education in a free society. Investing in Human Capital, first published in 2004, challenges that assumption and explores human capital contracts as an alternative mechanism for financing higher education. Investing in Human Capital tracks the roots of the idea behind human capital contracts, discusses the beneficial consequences they would have on students and on higher education markets, and describes how they can develop in light of the innovations that have taken place in financial markets during the last decades. The book also explores the challenges - ethical and financial - that such instruments face and offers implementation alternatives that can bring about their existence in the context of a national higher education financing programme.
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Human Capital and Economic Growth

Human capital used directly in production (HY) was measured by mean years of schooling at the primary level while human capital that is used to promote TFP ...

Author: Andreas Savvides

Publisher: Stanford University Press

ISBN: 9780804769761

Category: Business & Economics

Page: 256

View: 995

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This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.
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The Human Capital Imperative

It took some time before the decision was made to include 'human capital' in the title of this book. It is not a construct readily appreciated in boardrooms ...

Author: Alan Coppin

Publisher: Springer

ISBN: 9783319491219

Category: Business & Economics

Page: 271

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"Alan Coppin is a rare individual. His experience and insight span private and public sectors, charities, and the Armed Forces. The vital importance of human capital is the thread which has bound all this together. His book is a rich gold mine of data, research, wisdom and anecdote." —Sir Gerry Grimstone, chairman of Standard Life, deputy chairman of Barclays, non-executive director of Deloitte and lead non-executive director at the Ministry of Defence In this new book Alan Coppin, a leader with extensive cross-sector experience, draws on discussions with leaders in the public and private sectors, as well as from charities, the military and trade unions to offer you the ideas and practical applications that have proved effective in ensuring human capital is properly valued and managed. Most business decisions are based on lag data – historical reporting of what happened last month, last quarter or last year. It’s solid, real and comforting. Unfortunately, it’s also not a very good indicator of what might happen next. The best lead data – information with genuine predictive power – comes from understanding your people and what they can deliver. All major organizations claim that people are their greatest asset and yet, at the first sign of problems, the first action they take is to fire people. Why, because employees are also an organisation’s biggest liability in terms of cost – and their cost is much easier to quantify than their value. But, like any asset, human capital will only deliver its full value if it is properly understood, measured and managed. The author offers you the tools you need to take the issue beyond the HR department and satisfy the number crunchers in the boardroom. With their help, you can make human capital part of the normal financial metrics essential to running a successful organisation. Isn’t it time you understood and managed the metrics that can predict your organization’s future rather than relying on those that simply report on its past?
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Human Capital and Development

Human capital is a broad concept, which is about the accumulated outcome of any kinds of investment for the purpose of increasing the quality or capacity of ...

Author: Ju-Ho Lee

Publisher: Edward Elgar Publishing

ISBN: 9781786436979

Category:

Page: 328

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During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
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The Human Capital Challenges And Perspectives

Another surprising implication of the simple theory of human capital is that the individuals may be indifferent to the time spent within the school system, ...

Author: Coordinator: Cristina Balaceanu

Publisher: Author House

ISBN: 9781491878361

Category: Business & Economics

Page: 292

View: 394

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The nowadays society is confronted with some of the most pronounced disparities in the economic system, with direct repercussions on the labor market, borne by both employees and employers. The main deficiencies of the labor market are caused by the low growth rate of the demand for goods, with consequences in terms of employment, the effect of decreasing the purchasing power of the population, the lack of correlation between the growth rates of labor productivity and the price of labor, and also to an insufficient training of a practical nature of the workforce. Labor market is therefore a manifestation of the need to work for both the production act, from the perspective of the firms' sector, and the consumer act, from the perspective of the household's sector, each of the two sectors having different determinations for the same objective: gaining profit from valuing the work. Therefore, work is analyzed in the terms of profitability: cost for the producer, income for the worker, benefit for the society, in the conditions in which from valuing the work production factor and the human capital it can be created the object of the economic goods' market. In the current economic and social-political development context, on the labor market there is an intensification of a series of manifestations that have as substance educational and cultural heterogeneity, the institutional dissolution or the dissolution of authorities in what regards the establishment of some normative elements that would favor work and entrepreneurship, by means of economic strings, mainly fiscal ones, the lack of complementarity between educational policies and occupational ones. Importance of labor market equilibrium resulting from the decisive role of human resources in the economic and social development.
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U S Economic Growth from 1976 to 1986 Human capital

RISK AVERSION , INCOME TAXATION , AND INVESTMENT IN HUMAN CAPITAL If all individuals were risk neutral , then the only consideration with respect to a ...

Author:

Publisher:

ISBN: PURD:32754077271801

Category: United States

Page:

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Human Capital Management Challenges in India

We can conclude that human capital is the core asset that helps organisations develop a distinct competitive advantage. They do that by using the structural ...

Author: Ram Raghavan

Publisher: Elsevier

ISBN: 9781780632483

Category: Business & Economics

Page: 200

View: 428

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Human Capital Management Challenges in India focuses on the Indian talent pool and identifies why companies are finding it difficult to identify, recruit, reward and retain talent. It provides an insight as to why companies find it difficult to retain talent by questioning certain fundamental assumptions held by organisations, such as the role of Human Resources. Human capital management has become a critical issue across the globe. Even in a land of billion people, identifying the right talent, training them and retaining them has become an uphill task. The book also looks at the talent pool available and demonstrates why companies have to alter their strategies to retain this talent pool. Finally, the book will provide a practical and simple approach to the human capital agenda. Illustrates why employees are not an organizations’ asset Provides a step-by-step approach on the practical and strategic workings of HR How to recruit and retain key talent and management
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Value Creation Reporting and Signaling for Human Capital and Human Assets

The arguments suggestthat according to human capital theory, humancapital leads toentrepreneurial success. The magnitude of thisrelationship, however, ...

Author: M. Russ

Publisher: Springer

ISBN: 9781137472069

Category: Business & Economics

Page: 263

View: 620

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The issues discussed in this book are the building blocks needed for an interdisciplinary theoretical framework that will allow for value creation and reporting by the most important assets organizations have, its human capital.
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Human Capital Investment for Central City Revitalization

The Study of Human Capital The study of human capital has long been the province of the economics discipline. Sweetland (1996) explains that the economist's ...

Author: Fritz Wagner

Publisher: Routledge

ISBN: 9781134827619

Category: Architecture

Page: 160

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Viewing poverty as a condition that is fed and renewed on a daily basis by social and economic structures, this book focuses on the ways in which poor residents can be helped to improve their own situations, their living conditions, and the central city itself. Also includes four maps.
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GAO Human Capital Reform Act of 2003

Report of the Committee on Governmental Affairs, United States Senate to Accompany S. 1522, to Provide New Human Capital Flexibilities with Respect to the ...

Author: United States. Congress. Senate. Committee on Governmental Affairs

Publisher:

ISBN: PURD:32754077089187

Category:

Page: 22

View: 949

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