Developing Human Capital

Developing Human Capital
Author: Gene Pease
Publisher: John Wiley & Sons
Total Pages: 320
Release: 2014-07-21
Genre: Business & Economics
ISBN: 111875350X
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Don't squander your most valuable resource! Collectively, your workers are your company's most important and most valuable asset. To make the most of this asset, nothing beats quantitative performance and investment measurement. Learning and Development is an 80 billion-dollar industry, and every valuable employee represents a sizable investment on the part of your company. To keep your business moving forward, effective management of human capital is crucial. It generates plenty of data, and deep analysis of this data helps you provide feedback and make adjustments to capitalize on the combined knowledge, skills, and creativity of your workers. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments provides a guidebook for collecting, organizing, and analyzing the data surrounding human capital so you can make the most of your employees' potential. Use predictive analysis to optimize human capital investments Learn effective study design and alignment Get the tools you need for measurement, surveys, and analysis Decide what to measure and how to measure it Outline your company's current and future analytics technology needs Map data sources, and overcome barriers to data collection Authors Gene Pease, Bonnie Beresford, and Lew Walker provide case studies in which major companies applied human capital analytics to guide people decisions, and expand upon the role of analytics in Learning and Development. Developing Human Capital: Using Analytics to Plan and Optimize Your Learning and Development Investments is an essential guide to 21st century human resources and management practices, and can keep you from squandering your company's most valuable resource.

Human Capital Analytics

Human Capital Analytics
Author: Gene Pease
Publisher: John Wiley & Sons
Total Pages: 261
Release: 2012-10-30
Genre: Business & Economics
ISBN: 1118466764
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An insightful look at the implementation of advanced analytics on human capital Human capital analytics, also known as human resources analytics or talent analytics, is the application of sophisticated data mining and business analytics techniques to human resources data. Human Capital Analytics provides an in-depth look at the science of human capital analytics, giving practical examples from case studies of companies applying analytics to their people decisions and providing a framework for using predictive analytics to optimize human capital investments. Written by Gene Pease, Boyce Byerly, and Jac Fitz-enz, widely regarded as the father of human capital Offers practical examples from case studies of companies applying analytics to their people decisions An in-depth discussion of tools needed to do the work, particularly focusing on multivariate analysis The challenge of human resources analytics is to identify what data should be captured and how to use the data to model and predict capabilities so the organization gets an optimal return on investment on its human capital. The goal of human capital analytics is to provide an organization with insights for effectively managing employees so that business goals can be reached quickly and efficiently. Written by human capital analytics specialists Gene Pease, Boyce Byerly, and Jac Fitz-enz, Human Capital Analytics provides essential action steps for implementation of advanced analytics on human capital.

The Return to Firm Investment in Human Capital

The Return to Firm Investment in Human Capital
Author: Rita Almeida
Publisher: World Bank Publications
Total Pages: 30
Release: 2006
Genre: Capital humano
ISBN:
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In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their output, workforce characteristics, and capital stock. Their estimates of the return to training vary substantially across firms. On average it is -7 percent for firms not providing training and 24 percent for those providing training. Formal job training is a good investment for many firms and the economy, possibly yielding higher returns than either investments in physical capital or investments in schooling. In spite of this, observed amounts of formal training are small.

Economics of Agglomeration

Economics of Agglomeration
Author: Masahisa Fujita
Publisher: Cambridge University Press
Total Pages: 484
Release: 2002-05-02
Genre: Business & Economics
ISBN: 9780521805247
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This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.

Humanizing Human Capital

Humanizing Human Capital
Author: Solange Charas, PhD
Publisher: BenBella Books
Total Pages: 337
Release: 2022-09-13
Genre: Business & Economics
ISBN: 1637741804
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The work world is changing faster than ever before. Adapting to this new reality without a significant interruption in results is increasingly a top priority for all businesses. The key to thriving through disruption is understanding and practicing human capital strategies that will drive enterprise performance and value-creation. In Humanizing Human Capital, renowned business thought leaders Solange Charas, PhD, and Stela Lupushor reframe traditional HR practices into a future-forward strategy to optimize human capital. Charas and Lupushor shift decision-making about people from a gut sense to an evidence-based approach—a critical and much-needed departure from the cross-your-fingers-and-hope-for-the-best approach of most traditional HR programs today. Humanizing Human Capital reveals a step-by-step method to apply analytics approaches to human capital while anticipating inevitable changes in the workforce landscape. This will enable human capital professionals to generate positive outcomes for all stakeholders and allow management to make decisions that work for the entire enterprise. With this book’s comparison of “traditional” with the “future-forward” approach to human capital management, case studies, real-world situations, and 20 business principles, you will learn to: Adopt a best-evidence versus best-practice approach to decision making Shift your thinking so that you view human capital as a crucial investment rather than as a sunk cost Identify what needs to change to respond to future pressures and apply critical thinking to create workable solutions Balance human capital analytics with the more human-centric elements of people management Equip yourself with approaches and tools to interpret the collective voice of the workforce Utilize methods to measure and optimize human capital efficiency, increasing your ROI Increase value for all key stakeholders, including investors, management, workers, customers, partners, and the community at large The road ahead may seem unpredictable and even treacherous, but Humanizing Human Capital provides leaders of any organization a new framework to create resilient, responsive, and innovative organizations with tangible and sustainable business results.

New Perspectives on Human Resource Management (Routledge Revivals)

New Perspectives on Human Resource Management (Routledge Revivals)
Author: John Storey
Publisher: Routledge
Total Pages: 222
Release: 2014-11-13
Genre: Business & Economics
ISBN: 131758046X
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The idea of human resource management has become topical and controversial. The term suggests that people in any organization are an asset to be upgraded and fully utilized rather than merely a variable cost to be minimized. This in turn implies that the way in which people are managed is a matter of crucial strategic concern. Increased international competition has produced various initiatives world-wide for new approaches to management, in particular human resource management. This searching set of interpretations, first published in 1983, will be of interest to serious practitioners and students alike.

Human Capital, Employment and Bargaining

Human Capital, Employment and Bargaining
Author: Robert A. Hart
Publisher: Cambridge University Press
Total Pages: 222
Release: 1995-05-18
Genre: Business & Economics
ISBN: 0521453267
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This book examines human capital investment, employment and bargaining at the level of the firm. It attempts the first summary of results that incorporates both human capital investment and employment decisions within firm - union bargaining models, emphasising investment in teams, or groups, of workers. The authors also examine human capital in relation to labour demand as well as the delineation between neoclassical and coalitional firms. Further, they investigate connections between, on the one hand, turnover costs and firm-specific human capital and, on the other, unemployment. Labour market policy topics recur throughout the book and include the choice between pure wage and profit sharing remuneration systems, the issue of whether training should be subsidised by governments, worksharing versus layoff decisions, payroll tax incidence and the choice of compensation system as well as the role of human capital in influencing a firm's voluntary ex ante decision as to whether or not to bargain with an established union.

Optimize Human Capital Investments

Optimize Human Capital Investments
Author: Frank J. DiBernardino
Publisher: Dog Ear Publishing
Total Pages: 132
Release: 2012-09
Genre: Business & Economics
ISBN: 9781457513800
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Making the "hard" business case for human capital investments isone of HR's greatest challenges. In this groundbreaking work, human capital analytics and strategy expert Frank DiBernardino provides a powerful method that links human capital investment performance with shareholder value. Using the formulas and methods described in this book will change the nature of the conversation about human resource initiatives in the C-suite. They will help HR build a "hard" business case linked to the financials that demonstrate the measurable value of people-centered initiatives. Praise for Optimize Human Capital Investments"The Vienna Index is an excellent and efficient tool to capture and analyze the true cost and productivity of all of the human capital engaged in the organization. The Vienna approach provides reliable, comprehensive and complete measurement that is consistent globally. It is the future of human capital analytics. "Thomas P. Clardy Formerly Senior Vice President Human Resources, QVC "As a former CFO who relied heavily on metrics to help support the management of disparate businesses, I welcome Frank DiBernardino's contribution to the management toolkit. For too long, managers have been limited by their inability to quantify, at an organizational level, the contribution of their human capital to the success of their business. With this book, Frank introduces us to a new way to measure and track our progress toward improving not only the efficiency, but also the effectiveness of an organization's human capital." Frank C. Zirnkilton, Jr.Managing Director Broad Reach Management LLC In my leadership role with the Graduate programs in Human Resource Development at Villanova, I am continually seeking innovations that will provide strategic advantage for human resource executives.Frank DiBernardino has provided a breakthrough contribution with the formulas and analytic methods described in Optimize Human Capital Investments. Frank has made the "hard" business case for human capital investments. HR leaders can use Frank's important contributions to the human capital analytics body of knowledge as the basis for making their own advancement to quantifying human capital. David P. Bush Ph.D.Director, Graduate Programs in Human Resource Development Villanova University