Human Capital Management
About Human Capital Management
Human capital management (HCM) is a set of practices related to people resource management. These practices are focused on the organizational need to provide specific competencies and are implemented in three categories: workforce acquisition, workforce management, and workforce optimization.
Why is Human Capital Management important?
Human capital management (HCM) is the set of practices an organization uses for recruiting, managing, developing, and optimizing employees to increase their value to the company. Done right, human capital management results in:
• Hiring the right talent
• Having all needed skill sets in the company’s workforce
• Managing employees effectively
• Increasing productivity
Who should take the Human Capital Management Exam?
• HR professionals
• Business owners
• HR managers and senior executives
• Anyone who wants to assess their human resources skills
• Entrepreneurs
Human Capital Management Certification Course Outline
1. Human Capital Management
2. The Application of HCM
3. Financial Perspective of HCM
4. Strategic Workforce Planning
5. Talent Acquisition
6. Performance Measurement
7. Potential Measurement
8. HCM Development
9. Employee Retention
10. HRMS or HRIS
Certificate in Human Capital Management FAQs
For what reason is human capital management significant?
Human capital management is the manner by which an association goes about coordinating and fostering its kin. The more strategic the methodology, the more useful the labor force. Human capital management is significant because it helps organizations obtain, develop, and hold their greatest asset, their kin.
What is human capital in simple words?
The term human capital refers to the financial worth of a specialist's insight and skills. Human capital includes assets like schooling, preparing, insight, skills, wellbeing, and different things employers worth such as faithfulness and promptness.
What are the critical roles of human capital management?
• Representative commitment, experience and maintenance.
• Preparing and career improvement.
• Continuous execution management.
• Individuals analytics.
• Unexpected work management.
• Man-made brainpower, AI and robotics.