Are people really an organisation's most important asset? Not necessarily. Some are liabilities ? but some undoubtedly are the most important drivers of value that an organisation has. The question is ? who are they? How do we know? How can we maximise the value they have and the value they provide? These questions are what human capital management is about. This book explains the answers and discusses approaches to measurement and indicators which enable effective management of value creating assets.
Contents: Introduction: the essential need for human capital management; Part 1 People and Value Creation: How organisations create value through people; The value of people themselves; Motivation, engagement and performance; Integrating and reporting human capital measures. Part 2 Human Resources Professionals in Partnership with the Business: The contribution of the HR professional to more effective business performance; People and organisation strategies derived from the business strategy; A score card for the HR function; Building human capital management skills; Appendix: examples of non-financial added value to stakeholders; Index.
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