2015 | OriginalPaper | Buchkapitel
Why Bother about Human Capital Metrics?
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If we in business aspire to make better people decisions and take more targeted people actions, we must bother about human capital metrics. Whatever business you lead and manage, people objectives are essential. Whatever industry you compete in, the roles, responsibilities, skills, and expertise of managers and workers should be part of the business plan. Your business plan helps to secure funding for your enterprise; it gives the business a sense of purpose and direction, and, finally, people objectives and financial forecasts provide the business with targets to aim for and enable the business to monitor its progress. Using and applying people data swiftly and cleverly are about improving business performance.