#WOTW – Word of the Week – Human Capital Management (HCM)

13 Sep #WOTW – Word of the Week – Human Capital Management (HCM)

#WOTW: Human Capital Management (HCM) – is a strategy and not necessarily anything to do with tech. HCM means treating an organisation’s people as assets, but assets that can be measured and enhanced with investment. HCM implies a belief in being able to quantify the value of people. From this derives the phrase HCM System, used interchangeably with HRMS, to mean an HR system that integrates both employee and “talent” records. This implies, at recruitment stages too.

 

 
PDobson
peter.dobson@phase3consulting.co.uk
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