Download or read book Individual Human Capital and Performance written by Pakorn Sujchaphong and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the resource-based view of the firm, human capital is a source of sustained competitive advantage of the firm (McMahan, Virick, & Wright, 1999; Wright & McMahan, 1992; Wright, McMahan, & McWilliams, 1994; Wright & McMahan, 2011). Based on micro-foundations, it is essential that one must begin with and understand the individuals that make up the organization before exploring it at the organizational level (Felin & Foss, 2005; Wright & McMahan, 2011). Hence, this study focuses on the individual level of human capital. The first research question of this study is "How does human capital affect the performance of employees?" The second research question of this study is "How does experience affect the performance of employees?" The third research question of this study is "How does social capital affect the performance of employees?" The purpose of this study is to theoretically develop and empirically test the relationships among multiple dimensions of human capital, social capital, employee behaviors, and performance by emphasizing the mechanisms (i.e., the mediators) between them. This study revisited the Wright and McMahan (1992) model by employing it at the individual level, adding a social capital variable, and categorizing human capital into context-generic human capital and context-specific human capital. Based on the existing literature, I hypothesize the relationships among context-generic human capital, context-specific human capital, job tenure, social capital (specifically, strong ties), in-role behavior, target-specific organizational citizenship behaviors (OCBs), and individual performance as follows: (1) context-generic human capital is positively related to performance, (2) context-generic human capital is positively related to context-specific human capital, (3) context-specific human capital mediates the relationship between context-generic human capital and performance, (4) job tenure has a positive relationship with context-specific human capital, but this association diminishes as job tenure increases, (5) access to information resources mediates the relationship between social capital (specifically, strong ties) and context-specific human capital, (6) employee behaviors (i.e., in-role behavior and target-specific OCBs) mediate the relationship between context-specific human capital and performance, (7) employee behaviors (i.e., in-role behavior and target-specific OCBs) mediate the relationship between context-generic human capital and performance, and (8) context-specific human capital mediates the relationship between context-generic human capital and employee behaviors (i.e., in-role behavior and target-specific OCBs). All hypotheses were tested using a sample of nurses in Thailand. All data were tested using multiple regression analysis and structural equation modeling (SEM) analysis. Both methods yielded the same results, except the relationship between context-generic human capital and OCB-S. The results of this study showed that (1) context-generic human capital was positively related to performance, (2) context-generic human capital was positively related to context-specific human capital, (3) in-role behavior and two target-specific OCBs (i.e., OCB-I, OCB-O) partially mediated the positive relationship between context-generic human capital and performance, and (4) context-specific human capital mediated the positive relationships between context-generic human capital and these four types of behaviors (i.e., in-role behavior, OCB-I, OCB-S, and OCB-O). For the different result between two methods, context-specific human capital partially mediated the relationship between context-generic human capital and OCB-S in the multiple regression method, while context-specific human capital fully mediated these relationship in the SEM method. Moreover, job tenure and social capital were not significantly related to context-specific human capital.

Download or read book Explaining the Performance of Human Resource Management written by Steve Fleetwood and published by Cambridge University Press. This book was released on 2010-06-03 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human resource departments increasingly use the statistical analysis of performance indicators as a way of demonstrating their contribution to organizational performance. In this book, Steve Fleetwood and Anthony Hesketh take issue with this 'scientific' approach by arguing that its preoccupation with statistical analysis is misplaced because it fails to take account of the complexities of organizations and the full range of issues that influence individual performance. The book is split into three parts. Part I deconstructs research into the alleged link between people and business performance by showing that it cannot explain the associations it alleges. Part II attributes these shortcomings to the importation of spurious 'scientific' methods, before going on to suggest more appropriate methods that might be used in future. Finally, Part III explores how HR executives and professionals understand their work and shows how a critical realist stance adds value to this understanding through enhanced explanation.

Download or read book HRM and Performance written by David E. Guest and published by John Wiley & Sons. This book was released on 2012-12-19 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The link between HRM and performance has become an important policy issue at both a national and a corporate level. HRM and Performance draws on the knowledge and expertise of a number of leading international scholars in the field of HRM to provide a comprehensive overview of the current state of HRM and identify fruitful directions for theory, research and practice. A central question throughout is - what's next for HRM and what are the keys to the future of managing people and performance?

Download or read book A Literature Review on the Impact of Investment in Human Capital on Economic Success written by Gina Roberts and published by diplom.de. This book was released on 2004-10-26 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: Champions of Human Capital in organisations, such as Human Resources directors, are in need of empirical evidence to justify to board members, CEOs and ultimately shareholders why financial investments into Human Capital should be increased or at least maintained. The research questions posed in this thesis take on the challenge to find empirical evidence that investment in Human Capital, through Human Resources, has a positive impact on intermediate as well as accounting and share-value indicators of organisational performance. This literature review summarises, integrates and evaluates research published between 1998 and 2003 pertaining to the direct and indirect relationship between Human Resources on different indicators of intermediate and bottom-line performance. The review is comprised of 31 articles clustered into the following topics: strategic HRM, Human Resources Development, technology, diverse workforces and flexible working conditions and methodological issues in HR-organisational performance research. Evidence for the direct and indirect impact of HR on organisational performance is discussed and the findings are interpreted with reference to Ostroff and Bowen s Multi-Level Model (2000), which explains the individual, organisational and inter-level relationships between Human Resources and organisational performance. Enabling conditions that strengthen the HR-organisational performance relationship are identified. Methodological issues such as levels of analyses, short-term vs. long-term perspectives and generalisability are evaluated in detail. Employee benefits from enhanced organisational performance and barriers to the diffusion of high-performance work practices are research questions that still remain unanswered (Ichniowski et al., 2000). Future research should focus on building up a portfolio of studies at different levels of analyses and include a broader range of organisational performance variables that are also relevant employees as well as shareholders and top management. The implications of the research findings for HR directors and corporate strategy functions are presented. Inhaltsverzeichnis:Table of Contents: 1.Introduction4 2.Theoretical Background7 2.1How is Human Capital Conceptualised in the Management Literature?7 2.2The Human Capital Project8 2.3The Story so Far: Theoretical Perspectives on Human Resources Management9 2.3.1Current State of Research on HR Practices and Firm [...]

Download or read book The Oxford Handbook of Human Capital written by Alan Burton-Jones and published by OUP Oxford. This book was released on 2012-05-10 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic research on human capital - the stock of human capabilities and knowledge - has been extensively published but to date the literature has lacked a comprehensive analysis of human capital within the organization. The Oxford Handbook of Human Capital has been designed to fill that gap, providing an authoritative, inter-disciplinary, and up to date survey of relevant concepts, research areas, and applications. Specially commissioned contributions from over 40 authors reveal the importance of human capital for contemporary organizations, exploring its conceptual underpinnings, relevance to theories of the firm, implications for organizational effectiveness, interdependencies with other resources, and role in the future economy. Unlike neoclassical macroeconomic concepts of human capital, human capital in organizations is shown to be dynamic and heterogeneous, requiring new theories and management frameworks. The systemic role of human capital is explored, revealing it as the lynchpin of social, structural and other forms of intangible and tangible capital. Connections between human capital and organizational performance are investigated from HR management, procurement, alignment, value appropriation, and accounting perspectives. Links between micro and macro perspectives are provided through analyses of inter firm human capital mobility, national and regional human capital formation regimes and industry employment relations practices. This Handbook is designed for scholars and graduate students of organization and management theory, strategy, entrepreneurship, knowledge and intellectual capital, accounting, IT, HR, IR, economic sociology and cultural studies. For policy makers and practitioners it should provide an up to date guide to the nature and role of human capital in contemporary organizations and the roles that government, industry and other extra firm institutions can play in facilitating its development.

Download or read book Developing Human Capital in American Manufacturing written by Elaine B. Crutchfield and published by Routledge. This book was released on 2014-01-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This qualitative case study of an American manufacturing organization describes the barriers which limited its ability to receive maximum return on its investment for training and development resources invested in their human assets. Changing global economics have forced organizations to the realization that their competitive advantage lies in developing and tapping into their human assets or human capital. Professionals, managers, human resource development specialists, and academicians alike have developed theories supporting the systematic development of human assets to improve performance and achieve organizational business goals. This book examines how one organization, typically described as a High Performance Organization, attempted to put theory into application. Specifically, the book examines the concepts of needs assessment, systems theory, organization development, human capital theory, and performance improvement. The results find a systemic failure in human asset development initiatives rooted in the failure to view the organization as a whole, systematically assess performance, and involve the entire organization in designing and implementing a holistic approach to improving performance and developing the organizations human assets. Specifically, inefficient organizational structure and lack of clearly defined business goals were significant barriers to the systematic development of their human assets.

Download or read book The ROI of Human Capital written by Jac FITZ-ENZ and published by AMACOM Div American Mgmt Assn. This book was released on 2009-02-23 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lifeblood of any business enterprise is its people. Yet it wasn’t until the publication of the groundbreaking book The ROI of Human Capital that there was a reliable way to quantify the contributions of people to corporate profit. Completely updated with new metrics, the book shows executives and HR professionals how to gauge human costs and productivity at three critical levels: organizational (contributions to corporate goals) • functional (impact on process improvement) • human resources management (value added by five basic HR department activities) The second edition contains new material on topics including corporate outsourcing, developments in behavioral science, and advances in trending and forecasting that have dramatically changed the way organizations measure the bottom line effect of employee performance. Utterly up-to-date, this is the go-to resource for organizations performing the essential task of measuring the value of their people.

Download or read book Human Resource Management in Small Business written by Cary L. Cooper and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Resource Management in Small Business fills a gap in our understanding of economic performance. Small businesses are more numerous, have more employees, and contribute more to the economies of nations throughout the world than do large organizations. This book examines a range of issues, including the significance of human resource management (HRM) practices to small business success, the management of work hours and work stressors, work and family issues, succession planning, employee recruitment and selection, and managing staff. It also explores how individuals develop HRM skills, and learn from their own and others? experiences. The role of HRM practices in successful small businesses is illustrated through a range of case studies. Including contributors who are internationally recognized academics from a range of countries; this book will prove to be an essential resource for postgraduate students and academics in management. Professional managers and owners in SMEs will also discover great insights from this admirable book.

Download or read book Human Capital Management written by Angela Baron and published by Kogan Page Publishers. This book was released on 2007-02-03 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Capital Management (HCM) has recently been described as a high-level strategic issue that seeks to analyze, measure and evaluate how people policies and practices create value. Put simply, HCM is about creating and demonstrating the value that great people and great people management add to an organization. This unique book describes how HCM provides a bridge between human resource management and business strategy. It also demonstrates how organizations can use the concepts of human resource management and the processes involved to enhance the value they obtain from people while continuing to meet their aspirations and needs. Baron and Armstrong explain how to achieve these objectives using various approaches including describing the concept of HCM and how the process works, discussing its application in numerous areas within an organization and examining the role of HR in HCM and the future of the concept. It also contains a toolkit which organizations can use to develop their own HCM policies and practices.

Download or read book Investing in People written by Wayne F. Cascio and published by Pearson Education. This book was released on 2009-07-08 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Logical, Proven Framework for Understanding the Economic Value of Human Resources Investments How to choose Human Resources investments that deliver optimal strategic value—and eliminate those that don’t Best-practice metrics and analysis techniques for talent management, performance management, health and wellness programs, and much more Investing in People introduces a breakthrough approach to Human Resources (HR) measurement that systematically aligns HR investments with organizational goals and helps make HR the true strategic partner it needs to be. Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments. You’ll master crucial foundational principles such as risk, return, and economies of scale—and use them to evaluate investments objectively in everything from work/life programs to training. Cascio and Boudreau also introduce powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside the HR function. If you truly want “a seat at the table”—or if you want to keep the one you have—you’ll find this book utterly indispensable. Free software available online You don’t need to be a math wizard to get results from Investing in People! Visit www.shrm.org/publications/books to access software that automates virtually all of this book’s key formulas and calculations. Foreword xi Acknowledgments xiii About the Authors xiv Preface xv Plan for the Book xvii Chapter 1: Making HR Measurement Strategic 1 Chapter 2: Analytical Foundations of HR Measurement 21 Chapter 3: The Hidden Costs of Absenteeism 43 Chapter 4: The High Cost of Employee Separations 67 Chapter 5: Employee Health, Wellness, and Welfare 99 Chapter 6: Employee Attitudes and Engagement 125 Chapter 7: Financial Effects of Work-Life Programs 151 Chapter 8: Staffing Utility: The Concept and Its Measurement 171 Chapter 9: The Economic Value of Job Performance 195 Chapter 10: The Payoff from Enhanced Selection 223 Chapter 11: Costs and Benefits of HR Development Programs 245 Chapter 12: Talent-Investment Analysis: Catalyst for Change 271 Appendix A: The Taylor-Russell Tables 285 Appendix B: The Naylor-Shine Table for Determining the Increase in Mean Criterion Score Obtained by Using a Selection Device 297 Index 309

Download or read book People Driving Performance written by James Dlugos and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In an age of technological advancement and rapid innovation, markets have become increasingly competitive and firms now need to find new sources of unique competitive advantage that will allow them to retain and improve their market share. Although product innovation has historically been considered the primary factor in firm success, this study aims to investigate critical role of human capital as a source of sustainable competitive advantage that can be recognized by firms. Human capital theory has long suggested that firms should be able to benefit from strategically investing in the knowledge and skills of their employees. Empirical research has demonstrated the important role of strategic human resource management but less research has been done examining how the human capital focus of key decision makers can influence firm level outcomes. As such, this study examines the link of the human capital focus of firms as highlighted in their annual reports to the financial performance of 205 companies in the Major Pharmaceuticals Sector. Annual reports were coded for the relative frequency with which human capital terms were used and this frequency was related to annual gross firm income, controlling for firm size. The findings of this study have major implications for both the theoretical and applied fields of human capital. These implications include direct contributions to the methods that are currently being used to analyze firms, specific insights into the complex and cross-functional dynamics of firm performance, and the advancement of the theoretical literature in support of human capital theory. Ultimately, findings support the belief that firms can generate a specific, measureable competitive advantage through their investment in human capital across the firm.

Download or read book Enriching Human Capital Through Training and Development written by P L Rao and published by Excel Books India. This book was released on 2009 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of Human Resource has assumed importance particularly after the government's focus on HRD, introduction of liberalized economy and globalisation of world trade. This has led to world trade competition. For this purpose, every corporate entity sought ISO certification, which enjoins on the industry to impart regular training to its workforce. Thus training has taken centerstage. HR is now considered as human capital and much importance is given to the development and training of this unique resource. The one area in HR that found global visibility is training. Training has a direct relationship to HR's concern about human capital development and globalisation of workforce. People want to study at their own pace and time. The exciting development area is therefore e-learning. Keeping the above developments in view, it is imperative that business organisations should develop their own internal resources for training and development of their workforce. While giving stress on management development, most organizations ignore development and training of operatives who constitute the bulwark of their human capital. This aspect has been suitably taken care of in this book. This comprehensive book covers all aspects of training and development starting from conceptual inputs to management of training environment, instructor's competencies, transfer of learning, IT based training, to mention a few should be presented to line managers. The book is divided into four parts - Training and Development, Training Delivery, Evaluation of Training, and the last part containing eleven Appendices relating to the Text.Attempt has been made to present the subject in a succinct and lucid manner, bringing the latest on the subject. The text focuses not only on the traditional training methods, but also on the importance of development dimensions. This comprehensive compendium on training and development, sprinkled with copious examples, will be useful for the budding trainers, HR practitioners and academicians alike.

Download or read book Human Capital in Organizations written by Odd Nordhaug and published by Oxford University Press, USA. This book was released on 1993 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines and discusses conceptual, theoretical, and empirical aspects of human capital and human capital formation in firms and other work organizations. The author focuses on the substance, types, and generation of employee competence in the form of knowledge and skills, personnel training, and learning processes. Drawing on insights from economic theory, organization theory, corporate strategy, and the literature on human resource management and development, he also highlights current challenges to research and practice.

Download or read book Addressing the Human Capital Crisis in the Federal Government written by Jay Liebowitz and published by Routledge. This book was released on 2012-06-25 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Bush's number-one management initiative for the federal government is the Strategic Management of Human Capital. According to Knowledgeworkers.com, human capital is the accumulated value of an individual's intellect, knowledge, and experience. In the U.S. federal government, a human capital crisis exists. The factors contributing to a human capital dilemma include a knowledge bleed due to retirement eligibility, changing perspectives on work, and escalating knowledge loss. According to a Joint Hearing on the Federal Human Capital, by 2005, more than half of the 1.8 million non-postal civilian employees will be eligible for early or regular retirement. An even greater percentage of the Senior Executive Service, the government's core managers, will be eligible to leave. All government agencies are required to develop a human capital strategy by 2005. Many of these agencies have scored a "red" (lowest rating) on the Government Scorecard in the way they are approaching their strategic management of human capital. This book is an executive briefing on developing a successful human capital strategy based on lessons learned from analyzing existing strategies at government agencies such as NASA. Using a knowledge management perspective, Liebowitz identifies four pillars of an effective strategy and gives examples of these in practice.

Download or read book Strategic human capital management written by Jon Ingham and published by DIANE Publishing. This book was released on 2007 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Human Capital and Global Business Strategy written by Howard Thomas and published by Cambridge University Press. This book was released on 2013-11-07 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital - the performance and the potential of people in an organization - has become an increasingly important issue. With a strong practitioner focus, this book provides business leaders and HR professionals with new insights into how to improve business performance through a strategic approach to human capital.

Download or read book The Oxford Handbook of Human Capital written by Alan Burton-Jones and published by Oxford Handbooks. This book was released on 2011-02-10 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides a much needed, authoritative, and inter-disciplinary survey of concepts, applications, and research on human capital, the stock of human capabilities and knowledge found in organizations. It is designed for scholars and graduate students in business and across the social sciences, as well as policy makers and practitioners.