Develop Human Capabilities to increase Human Worth
Human resource development management often does not improve human capital to produce corporate results
In January 2006, we posted an article “Stop Stifling your Human Capital with Human Resource Administration“, which we elaborate on here.
Many companies proclaim that their people are their most important asset. But most of the companies administer human resources as employees, rather than managing human capital. Many common human resource methods actually stifle human capital by putting people where they cannot escape. Such devices as organization functions, organization positions, position or job descriptions, salary scales, career plans, and organizational assignments tend to fix people in inflexible boxes.
Result-performance Management (R-pM) enables the company to manage human personnel capital to be ready to produce results, human capability capital needed to produce specific results, and human knowledge capital needed to increase human capital worth and produce valuable results. Join the R-pM community to learn to manage human capital to increase human worth and create company result value.
Human resource administration and development should be converted to human capital management
Human resource management systems and software and administration methods manage human capital as employees. But, people or human capital are assets that should be utilized to provide the best value to the enterprise, should have some say in how they can increase their value to the enterprise, and should be rewarded commensurate with the value they provide.
We need to manage human capital to improve their capability to produce higher-value results and thereby increase their capital worth to justify increases in their performance cost. We can then manage our human capital as actual assets and capital of worth for utilization and return on investment, rather than just administering employees.
How can we change human resource administration departments and management methods to encourage human resources to reach their full potential and to be a valuable asset for themselves and the enterprise?
Result-performance Management (R-PM) develops needed capabilities to produce result value and increase human capital worth
With R-pM, Human capital provides human personnel solutions to be deployed to be ready to produce results as managed, and human capability solutions to be deployed to provide a specific capability required by the business process in order to produce a specific result. The Human Capital Unit is responsible for managing personnel capital to keep humans ready to produce routine results, development and deployment of human capabilities when needed to produce high-value results, and development and provision of human knowledge capital that supports the human performance needed to produce results. Strategic human resource development develops the capabilities described in the business process to produce high-value strategic results. R-pM manages human capital worth and human performance cost in relationship to the value of results produced, and continually develops improved capabilities to produce higher-value results.
Learn how to convert human resource administration and development to human capital management
Result-performance management enables your corporation to properly organize and manage human capital. Human resource management consultants can employ R-pM for human capital management consulting. The forum Human Capital Management contains further details. Learn the Basics of R-pM from articles under that category or click the R-pm Banner to download information on R-pM.
21st Century Management eliminates 20th century problems
Result-performance Management (R-pM) eliminates the human resource administration problem and other costly 20th century problems. Slash costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21st Century Management.
Download your 21st Century Management Manual today
Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. Get your R-pM Toolkit, and future updates, at result-performance-management.com.
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