There seem to be a growing shift from Human Resource Management to Human capital Management. Good people what is the major difference between the two approaches to people management in an organization?
I would be most grateful for you insight on these.
Okumu wa Oyiengo
From Kenya, Nairobi
I would be most grateful for you insight on these.
Okumu wa Oyiengo
From Kenya, Nairobi
Earlier days there were no much business players and proportionately jobs were very less. Those days employer might not be concentrate much on employees they just paid according to their attended days and employer just looking after their salaries that's all that was called personnel management. Later stage so many Acts came into force to protect employees' values and rights by this human resources were become more sensitive and critical. Due to increase in number of employers, people get better offers. Consequently employers concentrate on employees welfare,Health and safety and development activity like training, to measure employee performance PM system finally all to gather personnel management became more sensitive and vital in the organization's development i.e., hr and now hr role become more sensitive (incumbents) that will be called as human capital management.
From India, Hyderabad
From India, Hyderabad
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Applied Human Capital Management.pdf
Managing Human Capital.ppt