toolkit

Module CPS1A

Human Capital Reporting

Human Capital Reporting

It is one thing to refer to people as ‘capital’ but reporting on how much human capital your organisation manages and what value it is generating requires a completely new type of management report.  This Module provides those all important measures, indicators and contraindicators.

Price £6.50

Add to basket

 

Human Capital Management and Reporting is a revolution in management thinking

The term 'human capital' has been around for nearly 50 years and yet it is only just starting to bring about a fundamental re-think in how organisations are managed. You may not like to refer to human beings as capital but it is probably the most accurate and positive description of how a company should regard its people.  When people are regarded as valuable capital it is incumbent on the leaders of the organisation to make the best possible use of the capital at their disposal.  It also places a much higher value on people, their talents and potential. In practice this means that organisations are under pressure to report on just how well they manage this reservoir of capital and whether it is appreciating or depreciating in their hands.

Making the intangible tangible

Often business leaders have referred to the people dimension of organisations as the 'pink and fluffy stuff' as though its value was always indeterminate because it was seen as inherently intangible.  How do you report, for example, on how creative your people are; how well they innovate; how flexible and adaptable the organisation is and whether it has a culture where human capital can thrive and the value of the enterprise continue to grow?

This Module starts to address these issues directly by exposing the false dichotomy of 'soft' versus 'hard' for the fallacy it has always been. It moves quickly on to the growing field of Evidence-Based Management, which is finally getting to grips with the real people dimension that human capital management represents. It looks at the hard numbers usually reported on to gauge the performance of companies - such as revenue, profits and market capitalisation - and analyses these reports for what they might reveal about sustainable human capital management practices.

It concludes by presenting an innovative report on human capital that really gets under the skin of what makes an organisation tick and identifies positive indicators, and contraindicators, by which we can assess an organisation's human capital management capability and track record.

Module Objectives

Completing this Module will improve your professionalism by enabling you to:

  • Understand why human capital management and reporting has become such a big issue
  • Realise that there is no distinction to be made between 'soft' and 'hard' measures
  • View all efforts at managing human capital as being to create value
  • Start looking at people management from an 'evidence-based' perspective
  • State the key elements of a definition of Human Capital Management
  • Analyse profit and loss accounts to unearth human capital issues
  • Analyse market capitalisation and company value data to trace trends in human capital value over time
  • Apply the same human capital tools and techniques to analysing public sector organisation effectiveness (using the UK NHS as an example)
  • Assess companies against the HR/Business strategy matrix
  • Start to produce a simple HCM report for your organisation

 

 

This module overlaps with

People Information & Measurement

People Information & Measurement

Organisations often have too much data and not enough information; this Module shows how to produce crucial people information

Evaluation & ROI

Evaluation & ROI

This Module will teach you a very simple, common sense theory and practice of evaluation (including ROI)

Organisation Design

Organisation Design

Organisations are changing all the time but often by default, this Module uses a professional and systematic approach.

The CPS Professional Toolkit

The CPS Professional Toolkit

Every Module in the Series requires competence in using the Professional Toolkit

Back to Top