Suchergebnisse

This article argues that a class in human capital metrics (HCM) will benefit all undergraduate management majors. After introducing what is meant by HCM through a discussion of its evolution, the authors enumerate the benefits such a course brings to students. Primary among those benefits is a change in mind-set toward using data and metrics to design and evaluate management policy rather than relying on experience, fad, or hype. Students demonstrating this perspective should be better equipped to prove and enhance the contributions of human resources to their organizations. The article goes on to discuss the topics covered in an HCM course and presents an analytical template used as a pedagogical tool. In the class, this template is applied to a series of "mini cases" and to an applied research project supplied by companies. After taking this class, students know how to measure the financial value of management practices.