Adding Value to the Organization

The term "human capital" is now part of everyday business language. It represents the sum of a workforce's skills, knowledge, and experience, and is now seen as a critical source of value for a company, when managed properly. No longer considered the sole province of the human resources function, managing human capital is now a collaboration increasingly shared by all an organization's leaders.
Before getting into how Human Resources Management (HRM) adds value to a company I would like to look at what some common core HRM business activities are. Some examples are: recruiting, hiring and…