|
|
|
|
|
NAOMI STANFORD of SiloSmashers asks whether HR systems work for human capital reporting.
Capital gains
|
|
|
Naomi Stanford: do current HR systems provide adequate functionality?
|
Human capital management (HCM) is fundamentally different
to human resource management (HRM) – as Table
1, below, illustrates. It follows then that an IT system
designed for HR management will not fit the bill for HCM.
This poses a challenge for many business managers given the
requirement, from April 2005, for every publicly listed company
in the UK to report on human capital in their Operating and
Financial Review (OFR).
Business managers will be trying to extract relevant reporting
information from a large-scale HR IT system and not from specific
consumer-oriented software designed for human capital reporting.
This means they may have difficulties accessing information
needed to report on aspects of human capital efficiency, value-add,
profitability and innovation – as large-scale HR IT systems
are typically developed on assumptions of architectural compatibility,
operational performance and current work processes.
More...
If you are not registered with the site, please register now to read the rest of this page.
If you are registered, please sign in to read the rest of this page.
Conspectus 2006
|
Copyright © 2006
|
 |
|
|
|
