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Strategic Human Capital Management, by Jon Ingham
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Strategic human capital management (HCM) is not just a measurement focused approach to human resource management (HRM). It is certainly not a decision science in which people can be managed as a result of quantitative analysis and financial valuation. In fact, it is probably more of an art than a science and is a way of leading people to unlock great business performance. Strategic HCM focuses all people management and development practices on maximizing the capability and engagement of the people working for an organization to create valuable intangible capability, human capital, which enables the organisation to take full advantage of potential business opportunities. Unlike HRM which focuses on getting closer and closer to the business, strategic HCM draws its energy from people, from their individual strengths, interests and motivations, which, aligned with long-term business strategy, can increasingly provide the main basis for differentiation and competitive advantage. However, the perspective also recognizes that measurement is important, and the book outlines an approach to measurement which recognizes the importance of knowledge, complexity, best fit and intangibility. Pulling together seemingly disparate strands of thinking, the book calls for a paradigm change in which people really are seen as an organisation’s most important asset, and are managed in a way that reflects this fact. The text includes case studies from leading private and public sector organizations and commentary from HR practitioners and academics.
- Sales Rank: #1547723 in Books
- Brand: Brand: Routledge
- Published on: 2006-12-14
- Released on: 2006-10-20
- Original language: English
- Number of items: 1
- Dimensions: 9.21" h x .91" w x 6.14" l, 1.45 pounds
- Binding: Paperback
- 400 pages
- Used Book in Good Condition
Review
That people’s capacity to unlock the performance of organizations is far from a simplistic and causal model is hardly new. A book offering a new way of explaining how such complexity can be managed and harnessed for the good of organizations certainly is. This is a book to address HR’s continuing inability to think outside the box of how people influence performance. Read, reflect and act.
Dr. Anthony Hesketh
Director
Centre for Performance-Led HR
Lancaster University Management School
This book, whilst acknowledging the importance of measurement, rightly focuses attention on what HCM approaches deliver increased business performance. ...For HR professionals it will give confidence that they do have a unique and critical contribution to make which they are being expected to step up to.
Malcolm Hurrell
Vice-President Human Resources UK
AstraZeneca plc
About the Author
Jon Ingham reformed Strategic Dynamics, a human capital management consultancy he originally founded ten years ago, in 2005. Prior to this, he was Head of HR Consulting at Penna plc, an international HCM consultancy. Previous roles include HR Director at Ernst & Young (UK & Europe) and various sales and HR related roles supporting the UK government's Skills and Enterprise agenda. Jon has a BA in Psychology, a Masters in Engineering and an MBA. He is a member of the BPS, a Chartered Fellow of the CIPD and a Fellow of the RSA.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Too many words but excellent message
By ABS
I have just finished reading this book following straight on from P Kearns' book HR Strategy and I would suggest reading both, although to be fair HR Strategy is an easier read.
My summary of this book is given in the title and I would suggest as 2nd edition would benefit from losing 100 pages covering explanations of various HR theories, which most readers of this book would already know. Because of this I found myself skim reading large parts only to find other parts that required slow and thorough reading (which could be easily missed)
So why 5 stars? Quite simply the takeaway strategic HCM framework which I believe is up their with The Balanced Scorecard" as a framework to be adopted by any HR practitioner looking to add strategic value. Th e framework is intuitive, easy to use and gets to the hub of HR & HCM projects a firm should be focussing on.. I.e ones that effect the bottom line, increase operational efficiency or increase customer service.
0 of 0 people found the following review helpful.
Unreadable
By AMSNY
The text and format of this entire book makes it almost unreadable. I need this book for a graduate course and there is no flow because you are having to stop and put a word together every other sentence. I would return this book in a heartbeat but I need it for the next several weeks and cannot do without. All while being scared my next book would turn out like this. I can't even believed it passed printing! I'd figure one of the main jobs when printing a book is making sure it comes out in readable format. Well they failed. It's like this throughout the entire book! classmates that didn't buy from Amazon said they don't have a problem with their text, doubt that has much to do with it but may be good to know for someone else.
0 of 0 people found the following review helpful.
The book itself was not a good read. The print was flawed which made it ...
By Freda Joiner
The book itself was not a good read. The print was flawed which made it even harder to read. I'm sure there are better books available to learn HCM concepts
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