Recent surveys reveal that although business executives firmly believe that people are the most important asset, most executives are at a loss to prove that investments in people lead to improved business results. Common metrics like economic value added (EVA™) and return on investment (ROI) shed little light on how an organization’s human assets are performing. They say even less about whether an organization’s people development processes are attuned to its business challenges.
Help is on the way in the form of new practices in the realm of human capital management under development at Accenture. The Accenture Institute for High Performance Business, in collaboration with the Accenture Human Performance group, is engaged in a project to link human capital management processes to financial performance. We refer to this as our Human Capital Development Framework (HCDF).
Authors: James M. Benton, Peter Cheese, Robert J. Thomas
Source: Accenture
Subject: Organizational Behavior
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Its very informative