Investing In People: Financial Impact of Human Resource Initiatives
By Wayne F. Cascio and John W. Boudreau
2008, 324 pages, Hardcover
SHRMStore Item #: 61.15007
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Investing in People introduces a breakthrough approach to HR measurement that systematically aligns HR investments with organizational goals and helps make HR the true strategic partner it needs to be. Professors Wayne Cascio and John Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments.
You'll 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. Cascio and Boudreau also introduce powerful ways to 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 derive more effective decision-making. Using the powerful "LAMP" methodology (Logic, Analystics, 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 are:
- Leadership Development
- Health and Wellness
- Employee engagement
. . . and more.
If you truly want "a seat at the table" -- or if you want to keep the one you have -- you'll find this book utterly indispensable.
Co-published with Pearson/FT Press.
Read an Excerpt.