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What Is Human Capital Management & Why Is It Important?

HR Tech Girl

The practice of human capital management, or “HCM” for short, has become increasingly prevalent in the last few decades. One is that people recognize that an organization’s workforce is its greatest asset. The second is that, for many companies, the cost of their workforce is often their greatest expense.

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Should You Use an HRIS Platform for Performance Management?

15Five

The solution is to use performance management software that integrates with your HRIS platform to provide a complete solution for HR leaders. HRIS platform vs. performance management system: what’s the difference? While the HRIS serves as your system of record, the performance management platform should be your system of action.

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Why Integrated Workforce Planning Is Vital for Business Agility

Workday

For organizations looking to operate with agility, these seismic shifts prompt some critical questions when it comes to workforce planning. What effect will they have on workforce efficiency and productivity ? Amid all this uncertainty, one thing is for certain: Decades-old workforce planning processes will be of little help.

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Rising retention: Why it may not be all good news for employers

HRExecutive

While the numbers may have employers breathing a sigh of relief that the revolving door has stopped for the time being, experts say, HR leaders shouldn’t get complacent, as high retention driven by macro trends like the economy could lead to disengaged workforces.

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5 Must-Read Talent Acquisition Articles of 2016

Visier

Measure for Measure: The Evolution of Recruiting Metrics. In this article, leading voices from SHRM’s Talent Management Conference & Exposition come together to outline 12 meaningful steps that can enhance your talent acquisition efforts. Closing the Loop: Linking Workforce Planning, Analytics, and Hiring.

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Increased Transparency of Human Capital Data – an interview with Brian Wilkerson

hrQ

The standard is a series of 23 metrics in 9 categories that are designed to provide a balanced view of the strength of human capital management within an enterprise. 2) The adequacy of your talent acquisition capabilities, including long-term talent relationship management. Can you break that down for us?

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Human resource planning (HRP): Meaning, process, and examples

Bob

We’ll also share a step-by-step walkthrough for you to effectively carry out your own HRP, as well as some commonly used tools to help you improve your HRP processes from the get-go. What is human resource planning (HRP)? Why are human resource planning processes important? Performance management systems.