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The Most Important Asset

Valuing Human Capital

Paperback Engels 2021 9781032096193
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The principles of sound human resource management are generally understood, but too often practitioners believe the same policies and programs will work in all contexts. The effectiveness of any system is highly dependent on the context within which it must function. And due to globalization and increased workforce diversity, the contexts across and even within organizations have become more varied.

The Most Important Asset is a story about new graduates entering the human resources field, encountering and dealing with workforce management challenges and issues and developing their own professional competence through experience. Principles are presented and alternative solutions to problems are explored, providing the reader with a roadmap for analyzing situations and making decisions as to how to act. Placing the characters in different types of organizations provides insights into how different contexts call for different strategies. Alternative strategies for staffing an organization, developing its people, defining, measuring and rewarding performance are used to illustrate how what is done should be compatible with the mission, culture, organizational strategy, and internal and external realities.

Specificaties

ISBN13:9781032096193
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:320
Uitgever:Taylor & Francis Ltd

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Inhoudsopgave

1 Preparing for the real world
New graduates prepare themselves for their transition into the business world.
2 Entering the real world
The characters find employment in different types of organizations.
3 Making sense of the real world
The differences between their organizations cause the characters to struggle with how differences impact the effectiveness of workforce management strategies.
4 Assessing organizational context
The impact of the characteristics of the different contexts on policies and programs are assessed and ways to accommodate differences are explored.
5 Facing a down economy
Changing economic conditions impact organizations differently and ways to operate effectively under the new conditions are sought.
6 Evaluating alternative HR strategies
The different organizations attempt to find strategies that enable them to cope effectively with environmental realities.
7 Learning from others
The characters attend a professional association conference and attempt to find answers for their own organizations to pressing issues.
8 Expanding horizons
Annette begins facing global workforce management issues and attempts to find ways to deal with issues raised by operating with a culturally diverse workforce.
9 You win some, you lose some
Don struggles with convincing the senior management team at the utility that changes are needed, meeting with limited success.
10 Considering new career frontiers
Rob begins a transition into the academic world and Don continues to be frustrated in selling what he believes to be the right path.
11 Life in the (not so?) real world
Rob finds his world to have transformed as he attempts to find how the findings of research can be reconciled with the practices common in

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