3 Questions
What is human capital?
A way of managing different assets in an organization
What is the purpose of HCM?
To create value for organizations
What does HCM focus on?
Measuring and evaluating how people create value
Study Notes
- The term human capital refers to the different assets that employees have that can be used to help an organization succeed.
- HCM is a way of managing these assets and is important for organizations because it creates value for them.
- HCM focuses on analyzing, measuring, and evaluating how people, policies, and practices in an organization create value.
- HCM is a strategic approach to people management that links HR and business strategy.
Test your knowledge of Human Capital Management (HCM) with this quiz. Explore the strategic approach to managing employees and their assets, and understand its significance in creating value for organizations.
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