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HUMAN RESOURCE METRICS: A Contemporary Approach to Managing Human Capital

  • Spring Arbor University

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Scopus citations

Abstract

HR executives have to develop a strategic-focused approach to managing human capital using HR metrics in order to improve organizational productivity and enhance organizational competitiveness. Cascio and Boudreau’s (2010) LAMP framework is a human capital measurement (HCM) model with four components, including logic, measures, analytics, and processes, which can help HR professionals connect strategic corporate objectives with action programs. Managing human capital using HR metrics links strategy and corporate objectives with measures, analytics, and action programs so that human capital is appropriately leveraged for future organizational success.
Original languageEnglish
Title of host publicationThe Encyclopedia of Human Resource Management: Thematic Essays: Volume Three
Place of Publicationusa
Publisherwiley
Pages129-136
Number of pages8
Volume3
ISBN (Electronic)9781118364710
ISBN (Print)9780470257715
DOIs
StatePublished - Jan 1 2012

Keywords

  • financial performance
  • human capital management
  • organizational competitiveness
  • organizational productivity
  • organizational success

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