Human Capital Measuremen: An Introduction
Synopsis
In the current knowledge intense global economy, achieving organizational success and market differentiation is possible only by an effective human capital measurement that manages the firm's human capital successfully. A matchless competitive advantage and a massive premium mount up for those organizations, that have built up a better facility for measuring human capital. Human capital measurement serves as a guide to companies, that seek superior business results and to investors seeking additional information about companies to make their investment decisions. Hence, it is a precondition for a firm to progress towards supporting and investing in human capital measurement, to improve its organization's effectiveness and to develop a high performance workforce. Human Capital Measurement is the holy grail of today's organization, that has a significant impact on the long-term performance of the company and on the shareholder's value. This book is designed to provide a logical elucidation of the role played by Human Capital Measurement in the evaluation of effectiveness of various HR actions in an organization. It highlights how it contributes to the organization’s strategic decision-making to reap outstanding business results.
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