Increase the Worth of Human Capital, don’t stifle Human Resources
Human resource development and management does not develop human capital precisely to produce valuable results and increase in worth
There is a lot of talk and writing about human capital, intellectual capital, knowledge management, and other means to improve the capabilities, productivity, and output of human capital. Despite the talk and writing, companies have never been able to integrate business capability requirements, human capital capability development, qualified human capability deployment, human performance and cost, the value created by human performance, the value-added by human capabilities, and the worth of specific human capital.
Many companies proclaim that their people are their most important asset. But most of the companies manage human resources as employees, rather than managing human capital. Many common human resource structures actually stifle human capital with contrived organizations and positions, position or job descriptions, salary scales, and career plans.
Result-performance Management (R-PM) develops needed capabilities to produce result value and increase human capital worth
Result-performance Management (R-pM) manages human capital to deploy human personnel solutions to be ready to be managed to produce results, human capability solutions where required by the business to produce a specific result, and human knowledge solutions to develop human capabilities and to utilize specific solutions to produce specific results.
- Organize and manage the business in terms of specific results to produce and the specific human and other performance solutions required to produce the results
- Define human capability solution and knowledge solution requirements of the business to produce specific results of value
- Develop specific human capability and knowledge solutions for specific result needs
- Manage human personnel capital to be ready and utilized to produce results
- Deploy and manage qualified human capability capital needed to produce specific results
- Manage human performance costs against the result value produced
- Evaluate result value produced and assess human performance to appraise human capital worth
- Develop human capital and capabilities to produce higher-value results, to increase in worth, and to justify increased performance costs
- Create and deliver human knowledge solutions needed to increase human capital worth, to utilize specific performance solutions, and to produce specific valuable results.
By organizing and managing the business and the human capital role in the business, R-pM facilitates the development and management of natural human capital, and provides the structure for human capital to develop specific capabilities, perform, produce valuable results, and increase in worth.
Join the R-pM community to learn how to manage human capital to increase human worth through even greater increases in company result value. The R-pM Toolkit continues to add valuable guidance to increase the worth of human capital, rather than stifling human resources.
21st Century Management eliminates 20th century problems
Result-performance Management (R-pM) eliminates human capital management problems 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.
