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Strategic human capital management (HCM) is not just a measurement focused approach to human resource management (HRM). It is certainly not a decision science in which people can be managed as a result of quantitative analysis and financial valuation. In fact, it is probably more of an art than a science and is a way of leading people to unlock great business performance. Strategic HCM focuses all people management and development practices on maximizing the capability and engagement of the people working for an organization to create valuable intangible capability, human capital, which enables the organisation to take full advantage of potential business opportunities. Unlike HRM which focuses on getting closer and closer to the business, strategic HCM draws its energy from people, from their individual strengths, interests and motivations, which, aligned with long-term business strategy, can increasingly provide the main basis for differentiation and competitive advantage. However, the perspective also recognizes that measurement is important, and the book outlines an approach to measurement which recognizes the importance of knowledge, complexity, best fit and intangibility. Pulling together seemingly disparate strands of thinking, the book calls for a paradigm change in which people really are seen as an organisations most important asset, and are managed in a way that reflects this fact. The text includes case studies from leading private and public sector organizations and commentary from HR practitioners and academics. Homepage HR Resources Factsheets Strategic human 3/16/13 Strategic human resource management - Factsheets - CIPD Strategic HR Training and HR Conferences Human Capital The Global Association for Talent Management Strategic Human Resources Workforce and Leadership Development Strategic Human Resource Management - NUS Executive Education Effective management of human capital is critical to the success of most organisations Yet with all the emphasis on human resource development many leaders still Human Capital Management The Office of Personnel Management (OPM) Human Capital Framework (HCF) provides comprehensive guidance on strategic human capital management in the Federal Government About HCI - Human Capital Institute At the Human Capital Institute (HCI) our work makes work better HCI delivers live and virtual educational content to human resource teams talent management leaders Strategic Human Resources Management - AF US Office of Personnel Management Office of Merit Systems Oversight and Effectiveness Strategic Human Resources Management: Aligning with the Mission Strategic Human Resource Management - SlideShare Strategic Human Resource Management 1 Strategic HRMStrategic HRM PGDM MSRIM DrHMuralidharan Ref: SHRM Charles Greer 2 US GAO - High Risk: Strategic Human Capital Management Since we last reported on government-wide efforts to address skills gaps the Office of Personnel Management (OPM) the Chief Human Capital Officers (CHCO) Council1 Key Components of a Strategic Human Capital Plan - OPMgov Key Components of a Strategic Human Capital Plan (continued) A CLEARLY UNDERSTOOD STRATEGIC DIRECTION This element requires a comprehensive understanding of the What is human capital management (HCM)? - Definition from What is human capital management? This definition breaks down the concept and explains the technology associated with managing human capital
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