hi , i would like to know about human capital management & intellectual capital management . i want guidance on these topics
From India, Hyderabad
From India, Hyderabad
Dear Colleagues,
To my mind Kailash might just be talking about the same concept in HRM.
However I would over my own opinion as follows:
Definition: Human Capital Management- this is management of the intellectual quality and capacity of an organization, this unit-confirms the certification, need for relevant courses to be attended, organizes in-house training when necssary and also implement training recommendations sent in by line-managers of employees.
One thing of note is that emphasis has to be on intellectual quality of workforce as against numeric strenght-here we can ask the following:
How many chartered accountants do we have?
How many CCNA/CCNP Network/System Intergrators do we have
How many Masters/MBA degree holdere are available in the Firm etal
On the other hand as mentioned above Intellectual Capital becomes the pool of all these intellectual qualities available from one Department to another in a given organization.
For instance in the ICT environment the higher number of CCNA/CCNP certified engineers you have in an organization the more marketable the firm becomes especsially if it has to do with Network assignments.
However the task of the HRM would not be complete if he/she does not put in place a process of Knowledge Management where by intellectual knowledge share is encouraged by colleagues up and down the career ladder.
There is popular saying-"Every day your Human Capital Closes From Work-are sure of who is returning to work the following day?"
In essence they go home with their intellect and might never show-up on the morrow.
Hence Managements of Companies should ways of tapping from highly intellectual employees by making them write papers, make presentations, be resource persons, organize workshops,seminars etal and all these made available on the Company's servers for employees to access and read any time and at the same time a part of them is left behind even if they have to leave.
Thanks.
From Nigeria, Lagos
6To my mind Kailash might just be talking about the same concept in HRM.
However I would over my own opinion as follows:
Definition: Human Capital Management- this is management of the intellectual quality and capacity of an organization, this unit-confirms the certification, need for relevant courses to be attended, organizes in-house training when necssary and also implement training recommendations sent in by line-managers of employees.
One thing of note is that emphasis has to be on intellectual quality of workforce as against numeric strenght-here we can ask the following:
How many chartered accountants do we have?
How many CCNA/CCNP Network/System Intergrators do we have
How many Masters/MBA degree holdere are available in the Firm etal
On the other hand as mentioned above Intellectual Capital becomes the pool of all these intellectual qualities available from one Department to another in a given organization.
For instance in the ICT environment the higher number of CCNA/CCNP certified engineers you have in an organization the more marketable the firm becomes especsially if it has to do with Network assignments.
However the task of the HRM would not be complete if he/she does not put in place a process of Knowledge Management where by intellectual knowledge share is encouraged by colleagues up and down the career ladder.
There is popular saying-"Every day your Human Capital Closes From Work-are sure of who is returning to work the following day?"
In essence they go home with their intellect and might never show-up on the morrow.
Hence Managements of Companies should ways of tapping from highly intellectual employees by making them write papers, make presentations, be resource persons, organize workshops,seminars etal and all these made available on the Company's servers for employees to access and read any time and at the same time a part of them is left behind even if they have to leave.
Thanks.
From Nigeria, Lagos
as per my understanding Human Capital management deals with the science of measuring HR, its about ROI and HR, how do we calculate the value HR brings to organisation.
Check this book
The Roi of Human Capital: Measuring the Economic Value of Employee Performance
by Jac Fitz-Enz
http://www.amazon.com/exec/obidos/tg...glance&s=books
Check this book
The Roi of Human Capital: Measuring the Economic Value of Employee Performance
by Jac Fitz-Enz
http://www.amazon.com/exec/obidos/tg...glance&s=books
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Managing Human Capital.ppt
Human Capital.pdf