Human Capital Management: How to Put Employees First  

20 April 2021:

Your organization relies on a lot of tools and assets to hit its goals.

While you need certain hardware and software to succeed, at the end of the day, it comes down to the people who make up your organization. Do they feel fulfilled? Do they have everything they need? Are they being bottlenecked in any way?

To get these answers, you’ll need to have effective human capital management processes in place.

What is human capital management?

Human capital management (HCM) consists of the practices that go into human resource management that are centered around the employee. Businesses use these practices to attract top candidates and develop employees to their fullest potential so the organization can achieve success.

Essentially, HCM is completely centered around one thing: the employee. Which includes hiring, onboarding, developing, and optimizing each of them across all departments. How do you accomplish such a task? Let’s break it down.

HCM vs. HRM

It’s not uncommon for people to hear the term human capital management and think it’s synonymous for human resources management (HRM). While they are closely related, the two aren’t the same.

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Source: G2

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