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.



Human Capital Management is a practical guide for HR practitioners and managers who want to improve business performance through effective people management.

Demystifying the key concepts and practices of human capital management, this book will aid understanding of the value added by employees and how organizations can maximize both employee satisfaction and business success. It proviudes the tools to gain deep organizational insight into how effective youir people strategy is and its impact on business performance and the bottom line.



Including a practical toolkit for organizations to develop their own human capital management policies, practices and strategy, this book is essential reading for everyone concerned with the integration of human resource strategy and overall business strategy.



Table of Contents :

Introduction

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 oof HR in HCM

9. The skills HR specialist need for HCM

10. The future of HCM

Appendix : The HCM Toolkit

Reference

Index