Human Capital Management Measures
At this point you have learned about the human capital management value matrix, as well as various ways that an organization may measure HCM. For this assignment, you are asked to share how your organization measures HCM and what they can do to improve their measurements.
Complete the following:
- Identify at least one workforce management practice and one workforce development practice for your organization or one with which you are familiar. You may choose from the Workforce Management and Workforce Development Practices Lists, or select your own.
- identify how your organization currently measures either or both of the following. If your organization does not use either, explain how they measure their current practices.Kirkpatrick's levels of evaluation.
- Phillips's 5th level addition (return on investment).
- Critically analyze how your organization measures the above practices. Again, if your organization currently evaluates any workforce management or workforce development practices, choose one of each and describe how you would measure them using Kirkpatrick's and Phillips' measurements. ( Note: If for any reason you are unable to gain access to certain information, inform your instructor so you can come up with a workaround.)
- Describe how those measurements relate to the Value Matrix.