Aimed at human resources practitioners, this volume explains how managing human capital impacts business performance and profitability. Baron and Armstrong discuss the concept of human capital management (HCM), describe how it works in practice, and identify the specific skills HR specialists need in order to deliver effective HCM. The appendix includes a toolkit” that organizations can use to develop their own policies.
Aimed at human resources practitioners, this volume explains how managing human capital impacts business performance and profitability. Baron and Armstrong discuss the concept of human capital management (HCM), describe how it works in practice, and identify the specific skills HR specialists need in order to deliver effective HCM. The appendix includes a toolkit” that organizations can use to develop their own policies.
Provides a practical guide to how human capital management policies and practices can help deliver added value through people while continuing to meet their aspirations and needs. -Journal of Economic Literature
Part 1 The essence of HCM
1 The concept of human capital lc§