美世 - A New Approach to Human Capital Strategy.pptVIP

A New Approach to Human Capital Strategy: Helping Human Resources Become a Strategic PartnerWorkforce Planning and Development Conference Agenda  Human Capital is one of the largest expenses that organizations understand the least about The quest to find the ‘Holy Grail’ has led to a proliferation of ideas and approaches . . . which measures most directly impact your business performance?  A framework for HR Transformation Where is your organization currently focused? A framework for examining Human Capital Strategy Human capital strategy is a blueprint that helps an organization secure, motivate, and manage its workforce to accomplish business goals The key resides in being able to causally link human capital tactics and practices to workforce and business outcomes The “Art of HR” is slowly being replaced by the Science of Human Capital Management The most powerful approaches move beyond benchmarking correlation to cause and effect Why benchmarking human capital practices often misses the mark Research has shown wide differences in the average effects of specific HR interventions. Average effects are not a sufficient basis to guide the development of a Human Capital Strategy for a particular organization due to the overriding importance of business context. Context reveals the dynamics unique to each organization. It varies even among direct competitors – and across business / functional units within the same organization. A Human Capital Data Warehouse can be constructed by integrating multiple sources Hundreds of variables – internal and external to the organization – can be analyzed Stop copying Look inside Leverage the data you’ve been collecting Measure the ROI on your various workforce practices Differentiate between high-yield tactics . . . and marginal investments Match human capital strategy to your business model Three underlying principles drive this new approach Business models and human capital strategies must match Insist on systems th