Changing
Global Trends: Driving the need for
better Human Capital Management |
|
“The drive towards meaningful human capital
measurement is gaining pace, with regulatory developments
indicating that human capital reporting will be a standard
requirement within years. HR practitioners must ensure that
they are ready to respond, with systems and thinking in place.
People in organizations cannot be regarded as human capital in
reality, until and unless their contribution to value can be
measured with the same confidence as any other organizational
asset.”
- Richard Phelps,
PricewaterhouseCoopers
Key
Trends in Human Capital:A Global Perspective
March
15,
2002 |
| |
|
Major "Push Factors" Driving
Demand
For HR Consulting
Services |
|
ü
Need to free-up internal staff
|
ü
Streamlining of overall HR
operations |
ü
Increase accuracy / predictability
of costs |
ü
Re-gain focus on core business
|
ü
Increase talent acquisition and
retention |
ü
Enhance performance management
|
ü
Streamlining specific HR processes
|
ü
Talent and leadership development
|
ü Enhanced compensation design
strategies |
ü
Background screening /
Investigations |
ü
Increase
compliance |
ü
Reduce vulnerabilities &
Risk | | |
| |