Human Capital Management Drivers for Organization
Human Capital Management refers to the management of an organization’s employees for them to contribute significantly to the overall productivity of the organization. Every employee tries his level best to utilize his knowledge and skills to benefit his organization and become an indispensable resource in due course of time. HCM emphasizes an alignment between the individual and the organization and in our view offers the challenge and the key to successful management in the future. Human Capital Management Drivers act as catalysts for an effective human resource management. Human capital management drivers fall into five major categories: 1. Leadership Practices Communication: Employees must be treated well for them to develop a feeling of attachment and loyalty towards the organization. Managers must understand that their role is not just to sit in closed cabins and impose ideas on others. They ought to communicate well with their subordinate...