We all know that people--not cash, buildings, or equipment--are the lifeblood of any business enterprise. Yet, astonishingly, there has never been a reliable way to quantify the contribution of human capital to corporate profit ... until now. This new book offers a rare blend of management expertise and quantitative metrics, showing executives and HR professionals how to gauge human costs and productivity at three critical levels: 1) Organizational (contributions to corporate goals); 2) Functional (impact on process improvement); 3) Human resources management (value added by five basic HR department activities). With today's employee costs often exceeding 40 percent of corporate expense, measuring the value of this human capital is essential. Here, at last, is a resource that reveals how to do it and that helps managers determine how to invest most effectively in human productive potential.
About the author
Jac Fitzenz (Doctor Jac) Born 1933 and grew up in Illinois, became a naval intelligence officer, later developed a method for measuring ROI for people investments; 13 books, 400 articles. Founded Saratoga Institute and consulted in 46 countries from 1980 to 2013. First novel (Rough Waters - Life of a Naval Intelligence officer) based on his experiences in the navy. Sequel - Part Two will include business/military adventures - on the way.