HUMAN CAPITAL MANGEMENT

The Role of The HRM Professional in Capital Management

The Role of The HRM Professional in Human Capital Management

Abstract

The management of people in an organization. This term for people management is increasingly preferred to personnel management. Operationally, human resource management (HRM) has a similar focus to personnel management: recruitment and selection, payments systems, training etc. HRM professionals have to play a major role in the management of human capital. Human capital is people—the human beings who keep an organization humming, vibrant, and innovating.

Introduction

HRM is often seen to be qualitatively different to personnel management. The notion of people as ...