Investing in People: Financial Impact of Human Resource Initiatives

by Wayne F. Cascio, John W. Boudreau

More than ever before, HR practitioners must empirically demonstrate a clear link between their practices and firm performance. In, Investing in Financial Impact of Human Resource Initiatives , Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments. They provide powerful techniques for looking inside the HR "black box," implementing human capital metrics that track the effectiveness of talent policies and practices, demonstrating the logical connections to financial and line-of-business, and using HR metrics to drive more effective decision-making. Using their powerful "LAMP" methodology (Logic, Analytics, Measures, and Process), the authors demonstrate how to measure and analyze the value of every area of HR that impacts strategic value. Among the areas covered in depth · Hiring · Training · Leadership Development · Health and Wellness · Absenteeism · Retention · Employee Engagement Readers will master crucial foundational principles such as risk, return, and economies of scale and use them to evaluate investments objectively in everything from work/life programs to training. Also included are powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside HR.

Genres: Historical Romance, Business, Nonfiction, Leadership

361 pages, Paperback

First published February 13, 2008

Reviews

[Daron Yondem · Rating 5 out of 5]

This is an amazing read. Every HR Professional and HR Executive should definitely read the concepts and ideas in this book. I loved it and marking for a second round of reading in a couple of years to make sure I still hold to the information.

[Kerrie Loyde]

A great framework for supporting logical, research based responses to the belief that HR initiatives cannot be fully measured and analyzed.

[Fahadal · Rating 5 out of 5]

Let me read