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Key Tools for Human Resource Management (Collection) by John Boudreau, Wayne F. Cascio, Steven Director

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Chapter 1. Making HR Measurement Strategic

This book will help you better understand how to analyze, measure, and account for investments in people. However, although data and analysis are important to investing in people, they are really just a means to an end. The ultimate purpose of an investment framework is to improve decisions about those investments. Decisions about talent, human capital, and organizational effectiveness are increasingly central to the strategic success of virtually all organizations.

According to 2010 research from the Hay Group, businesses listed in Fortune magazine as the world’s most admired companies invest in people and see them as assets to be developed, not simply as costs to be cut. Consider how the three most ...

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