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Measuring Human Capital:
Converting Workplace Behavior into Dollars is a new book by
best selling author Dennis Kravetz. The ability to
measure human behavior in the workplace has long been a
difficult task. Converting human behavior measures into
dollars is generally limited to rare and specialized
studies. In this book Dennis Kravetz shows how anyone, by gathering easily available information, can set up metrics to measure human capital. Once established, these metrics enable individuals to calculate the dollar value of planned or completed people management changes. Organizations rarely focus on areas such as changing management styles, reducing bureaucracy, or revamping the training curriculum as a means for increasing profitability. This book convincingly shows that such changes can be worth many millions of dollars. Readers are provided with easy-to-use equations that enable them to calculate the dollar value of many changes. You can even forecast the future sales and profits of corporations by knowing a company's people management practices! |
Measuring Human Capital is loaded with case studies that document the amount of money that can be gained by improved people management practices. Readers can see the dollar value, for example, of management coaching, reducing bureaucracy, effective training, and implementing better selection procedures. The dollars quickly get into the millions for even medium-sized companies.
Book chapters are as follows:
· Traditional Human Capital Measures--the limitations of our current appraisals, 360s, and engineered standards.
· Job Competencies: The Ideal Human Capital Measure--what differentiates competencies from skills, traits and other measures
· Developing a Competency Model and Metrics--lots of samples so you can create effective job competencies and competency metrics
· Converting Competency Measures into Dollars--easy-to-use equation presented with examples
· Calculating the Dollar Gain in Human Capital--many case studies from actual corporations showing dollar gains when competence changes
· Other Uses of a Job Competency Database--career development system, pay-for-competencies compensation and many other uses are described
· Traditional Organizational Measures--limitations of job satisfaction surveys, goals and other broad measures
· People Management Practices--how to develop and use root-cause employee survey questions that tie to financials
· Gathering Financial Data--what kinds of financial statistics can best be predicted from people management practices
· People Management and Dollars--results presented that have involved 600+ organizations over 20 years showing the relationship of people management practices to financial results
· The Dollar Value of Change--many case studies showing another equation in use that predicts growth in sales, growth in profits, etc. from knowing people management practices
· The Challenge Ahead--what operations and staff managers can do to set up and measure the financial gain from a wide variety of people management changes
Measuring Human Capital melds together the best of behavioral science, finance, and business pragmatics to show how to measure human capital in the workplace. This book effectively tackles the "holy grail" of human capital measurement, converting human behavior into dollars in a wide variety of situations.
Measuring Human Capital appeals to not only to training and human resource professionals, but managers and professionals in a wide variety of disciplines such as operations, finance, IT, and consulting. Ask about discounts for buying the book for a number of your managers and employees! When your whole organization is aware of how to measure and improve people management practices, many millions of dollars will be yours.
The book is hardcover and 280 pages in length.
Published by
Kravetz Associates Publishing |
Price - $34.95 |
Please Note:
Book purchases are not refundable unless the order is canceled
before shipment.
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This
technical report is a comprehensive study of the
best practices in the training and development
area. Drawing upon data from over 300+ large
organizations, it is the most comprehensive
report of its kind. This report is updated a few
times each year as new benchmarking data becomes
available. Each chapter of the report contains
the following:
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We contrast the training
practices of the top 10% of all companies against those
of others. With this information in hand you will know
what the best organizations are doing and their plans for
the future. Also, through the step-by-step roadmap, you
can contrast your practices against the leaders and learn
how to build a leading training function. This is much
more comprehensive than reports that merely provide data
or tell stories about leading companies.
We also share information on the correlation of these
training practices with company financial success. That
will help you sell changes to management. See why over
1,200 organizations have made our report their beacon for
the future.
| Chapter titles are as follows: | |
| Competency based training | Instructional design |
| Measuring performance | Career development |
| Positioning the training function | Succession planning & executive development |
| Performance consulting | Training technology |
| Non-technical training | Measuring training |
| Technical training | Data on the link of training to financial success |
Printed in a large 8.5 x 11 format, the report is over
285 pages in length.
Published
by Kravetz Associates Publishing |
Price - $495 |
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©2004
Kravetz Associates. All rights reserved. |