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What is Human Capital Management?

Talk to Sales Human capital management (HCM) is the process of hiring the right people, managing workforces effectively and optimizing productivity. It has evolved from a mostly administrative function to a critical enabler of business value. What are the elements of human capital management?

How do you develop a human capital management system?

Developing an HCM system starts with defining and understanding your company’s purpose (vision) and core beliefs (values). These directly impact the workplace culture, how people behave and the overall importance of the human capital in your organization.

How do I become a human capital manager?

1. Obtain an HR education and experience. For most HCM positions, you’ll need at least a bachelor’s degree. Degrees in human capital management exist but are less common than degrees in human resources or human resource management.

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