This paper develops a theoretical framework for human capital strategy.
Written in 2005; 13,800 words; 23 sources; MLA; $ 135.95
Paper Summary:
This paper discuses the many facets of human capital strategy and its effect on organizations including methodologies for diagnosing an organization's human capital situation by using balanced scorecards, human capital modeling, benchmarking and metrics. The author reviews a human capital strategy for Wal-Mart as a hypothetical example demonstrating how the strategy, methodology and approach must be tailored to an individual organization. The paper presents best practice cases as a source of knowledge and expertise and stresses that human capital strategy is a must in today's organizations.
From the Paper:
"Human resources (HR )departments are undergoing a transformation in this century from entities that viewed people as being a cost to the organization to entities that recognize people as an asset to the organization."
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