High-Impact Human Capital Strategy: Addressing the 12 Major Challenges Today’s Organizations Face

Traditionally, human resources has focused on recruiting good people, preparing them for assignments, motivating them to perform, and retaining them. These functions remain essential, but to be successful in turbulent times like ours, human capital strategy needs to be broader and much more far-reaching. High-Impact Human Capital Strategy examines 12 critical forces that must be considered: globalization, changes in workforce demographics, skill shortages and mismatches in labor markets, environmental matters, and more. It shows how to incorporate each into an effective overall plan, and how to translate that plan into action. You’ll learn to design human capital programs that: connect with business measures; achieve positive ROI; ensure critical talent is in place; boost engagement; address work/life balance and other social issues; reduce the need to outsource. It includes case studies and step-by-step guidelines that help you move beyond hiring-training benefits functions, to develop human capital strategies that deliver measurablevalue in the face of ongoing challenges.

Table of Contents

Chapter 1 The Importance of Human Capital: The Journey to Show the Value
Chapter 2 The Importance of Human Capital Strategy and the Role of the Chief Human Resources Ofcer
Chapter 3 Set the Proper Investment Level: Establishing the Appropriate Amount to Spend on Human Capital
Chapter 4 Align with Business Needs: Achieving Business Alignment with Human Resources Programs
Chapter 5 Manage Talent for Value: Optimizing the Most Important Asset
Chapter 6 Engage Employees at Work: Changing the Nature of Work to Maximize Performance
Chapter 7 Create a Performance and Innovation Culture: Developing and Sustaining a High- Performance Organization
Chapter 8 Keep Employees Healthy: Controlling Health Status and Healthcare Cost of Employees
Chapter 9 Embrace Demographics and Societal Changes: Using Diferences to Drive Value
Chapter 10 Utilize Technology Efectively: Making Technology Work for All Stakeholders
Chapter 11 Confront Globalization: Maximizing the Value of Human Capital
Chapter 12 Protect the Environment: Implementing Green, Sustainable Projects
Chapter 13 Build Global Leaders: Developing Agile Leaders to Drive Business Results
Chapter 14 Use Analytics and Big Data: Using Analytics to Drive Business Results