Human Capital Management
This book describes how Human Capital Management provides a bridge between human resource management and business strategy. It 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.
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.
REVIEWS :“Baron and Armstrong’s book is to be commended for its good
intensions and contribution to this key area of enabling organisations’
people to help those organisations achieve their objectives more
effectively and efficiently.”
H.C.M Human Capital Management
“A highly readable book that debunks much of the mystique
surrounding human capital and fills an identified gap in the literature
on the subject. For readers seeking an introduction to HCM and insights
into its relevance to organisational performance, this book is to be
strongly recommended for it breadth and depth of coverage but, above
all, for making a complex subject accessible. Individuals who are more
familiar with the topic and the debates that surround it will welcome a
comprehensive text on a subject which they can use to develop
organisational strategies that take account of the value people,
contribute to the business.”
People Management
Hardback, 240 Pages, Dimensions 234 x 156 MM Language English.
Part 1 The essence of HCM
1 The concept of human capital
2 The concept of HCM
3 The process of HCM
Part 2 The practice of HCM
4 Human capital data
5 Measuring human capital
6 Human capital reporting
7 Applications of HCM
Part 3 The role and future of HCM
8 The role of HR in HCM
9 The skills HR specialists need for HCM
10 The future of HCM
Appendix: The HCM toolkit
Angela Baron is a chartered member of the CIPD, for whom she is currently an adviser on organisation and resourcing. She has been responsible for numerous research programmes ranging for corporate culture to recruitment practice.
Michael Armstrong is a Companion and former Chief Examiner of the Chartered Institute of Personal Development (CIPD), joint managing partner of e-reward and an independent management consultant.
He is the author of several best-selling HR titles including A Handbook of Human Resource Management and Practice, Performance Management, Strategic Human Resource Management, A Handbook of Management and Leadership (with Tina Stephens), Job Evaluation and Reward Management (with Helen Murlis), all published by Kogan Page.