High-Impact Human Capital Strategy
- 6h 12m
- Jack J. Phillips, Patricia Pulliam Phillips
- AMACOM
- 2015
Traditionally, human resources has focused on recruiting good people, preparing them for assignments, motivating them to perform, and retaining them. These functions remain essential, but to be successful in turbulent times like ours, human capital strategy needs to be broader and much more far-reaching. High-Impact Human Capital Strategy examines 12 critical forces that must be considered: globalization, changes in workforce demographics, skill shortages and mismatches in labor markets, environmental matters, and more. It shows how to incorporate each into an effective overall plan, and how to translate that plan into action. You'll learn to design human capital programs that: connect with business measures; achieve positive ROI; ensure critical talent is in place; boost engagement; address work/life balance and other social issues; reduce the need to outsource. It includes case studies and step-by-step guidelines that help you move beyond hiring-training benefits functions, to develop human capital strategies that deliver measurable value in the face of ongoing challenges.
About the Authors
Jack J. Phillips, Ph.D., and Patricia Pulliam Phillips, Ph.D., are Chairman and President/CEO, respectively, of ROI Institute. They are active consultants, prolific speakers, and co-authors of many HR books and articles.
In this Book
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High-Impact Human Capital Strategy
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The Importance of Human Capital—The Journey to Show the Value
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The Importance of Human Capital Strategy and the Role of the Chief Human Resources Officer
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Set the Proper Investment Level—Establishing the Appropriate Amount to Spend on Human Capital
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Align with Business Needs—Achieving Business Alignment with Human Resources Programs
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Manage Talent for Value—Optimizing the Most Important Asset
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Engage Employees at Work—Changing the Nature of Work to Maximize Performance
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Create a Performance and Innovation Culture—Developing and Sustaining a High-Performance Organization
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Keep Employees Healthy—Controlling Health Status and Healthcare Cost of Employees
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Embrace Demographics and Societal Changes—Using Differences to Drive Value
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Utilize Technology Effectively—Making Technology Work for All Stakeholders
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Confront Globalization—Maximizing the Value of Human Capital
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Protect the Environment—Implementing Green, Sustainable Projects
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Build Global Leaders—Developing Agile Leaders to Drive Business Results
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Use Analytics and Big Data—Using Analytics to Drive Business Results