Human Capital Management: Leveraging Your Workforce for a Competitive Advantage

Description

We’re constantly looking for ways to make our companies or organizations more successful. We often ask ourselves: “What can we do to develop and drive maximum organizational performance?“ “How can we separate ourselves from the competition?” “How can we build a long-term sustainable advantage?” It used to be that organizations could differentiate themselves through such means as product leadership, advanced technology, geographic coverage or process management tools and systems. But in today’s ultra-competitive global business environment, these advantages are short-term and temporary. The reality is that the only long-term sustainable advantage that remains is the “people.” However, leveraging your workforce as a practice isn’t so easy to understand, let alone accomplish… unless you have a roadmap or path to help you along the way. Human Capital Management: Leveraging Your Workforce for a Competitive Advantage is just that. Your roadmap to maximizing your most important organizational asset: your people. This roadmap is centered on Human Capital Management as a practice, and focuses on how to successfully implement organizational goals that are heavily reliant on the collective efforts of the people in your organization. This book is practical, and from a seasoned business executive’s point of view. It’s relevant for any size organization, both for profit and not-for-profit. Real-life examples are included to support the principles and key learning points. This book was written primarily for people who are in a position to directly and significantly influence an organization through its human capital, that is, CEOs, HR managers and other leaders who are charged with the responsibility to make their organizations successful. It’s also applicable to aspiring managers, professionals, and students who can learn new organizational and management techniques that will be helpful to them as they navigate their careers. Whether you’re a student aspiring to be a business leader, an already seasoned exec or someone who would like to climb the ranks of their company, this book has plenty of resources to offer with supporting anecdotes that can help not only you, but your organization benefit as a whole. Preface Forward & Endorsements Acknowledgements Section 1: The Emergence of “Human Capital Management” as a Discipline Introduction: The Human Capital Survey at Markem Corporation Chapter 1: What is Human Capital Management? Chapter 2: Human Capital as a Competitive Advantage Chapter 3: Prerequisites to Human Capital Management Section 2: Human Capital Management as a System Chapter 4: The “Business Foundation” Comes First Chapter 5: Mobilization of the Workforce Starts with the Mission and Vision Chapter 6: Values: Guiding Organizational Conduct Chapter 7: The Glue that Binds the Organization Together Chapter 8: Transforming Business Strategy Into Human Capital Initiatives Section 3: Powering Up the Human Capital Management System Chapter 9: The “Performance Wheel:” Making the System Go Chapter 10: Advantages and Disadvantages of Organizational Structure in Human Capital Management Chapter 11: Processes and Policies: Working in Tandem Chapter 12: Talent Utilization: Right People @ Right Place Chapter 13: Building an Organizational Development Framework Chapter 14: The 3R’s: Recognition, Rewards & Remuneration Chapter 15: Internal Communications: Formalizing a Plan is a Must Section 4: Putting It All Together Chapter 16: Leadership – A Critical Ingredient for the Human Capital Management System to Work Effectively Chapter 17: Can HR Evolve to Human Capital Management? Final Thoughts A Personal Note Footnotes