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Strategic Human
Capital Management Inc.
August 2014
Maximizing The
Contribution
Of Your Workforce
Strategic Human
Capital Management Inc.
Forbes Magazine Quote
“ Given enough time and money, your
competitors can duplicate everything
you’ve got except for your committed
people”
August 2014
Strategic Human
Capital Management Inc.
August 2014
Strategic Human
Capital Management Inc.
Definitions
• Contribution = Capability x Commitment
• Capability = (Technical + Behavioral) KSAs
• Commitment = (Energy + Attention)%
Strategic Human
Capital Management Inc.
Metrics
• Human Capital Return on Investment
– (Revenue – [Expenses – Salary & Benefits])/Salary & Benefits
• Human Capital Value Added
– (Revenue – [Expenses – Salary & Benefits])/FTEs
Strategic Human
Capital Management Inc.
Capability Strategies
Strategy Score Improvements
Buy
Borrow
Build
Bind
Bounce
Benchmark
Strategic Human
Capital Management Inc.
Commitment Strategy
Identify and manage your
Employee Value Proposition
Strategic Human
Capital Management Inc.
Employee Value Proposition
• Employees seek to satisfy critical needs
• Employers that meet those needs
become employers of choice
• EVP is that blend of solutions to critical
needs that causes employees to select
one employer over all others
Strategic Human
Capital Management Inc.
Employee Value Proposition
• All employers develop an EVP, formally
or informally
• If formally developed, it can be managed
• If managed, it can provide sustainable
competitive advantage
Strategic Human
Capital Management Inc.
Proposition Components
• REWARDS
• RESPONSIBILITIES
• RELATIONSHIPS
Strategic Human
Capital Management Inc.
Component Elements
• REWARDS
– Affordable/flexible benefits
– Competitive/equitable wages
– Performance based increases
– Personal/professional development
– Advancement opportunities
– Recognition for contributions
Strategic Human
Capital Management Inc.
Component Elements
• RESPONSIBILITIES
– Adequate supporting resources
– Clear performance expectations
– Training for improved performance
– Connection to mission
– Utilize skills/abilities
– Input/feedback opportunities
Strategic Human
Capital Management Inc.
Component Elements
• RELATIONSHIPS
– Competent co-workers
– Interactions with customers
– Visible/approachable leaders
– Cooperation within/between departments
– Respect
– Fair/responsive supervisors

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evp

  • 1. Strategic Human Capital Management Inc. August 2014 Maximizing The Contribution Of Your Workforce
  • 2. Strategic Human Capital Management Inc. Forbes Magazine Quote “ Given enough time and money, your competitors can duplicate everything you’ve got except for your committed people” August 2014
  • 4. Strategic Human Capital Management Inc. Definitions • Contribution = Capability x Commitment • Capability = (Technical + Behavioral) KSAs • Commitment = (Energy + Attention)%
  • 5. Strategic Human Capital Management Inc. Metrics • Human Capital Return on Investment – (Revenue – [Expenses – Salary & Benefits])/Salary & Benefits • Human Capital Value Added – (Revenue – [Expenses – Salary & Benefits])/FTEs
  • 6. Strategic Human Capital Management Inc. Capability Strategies Strategy Score Improvements Buy Borrow Build Bind Bounce Benchmark
  • 7. Strategic Human Capital Management Inc. Commitment Strategy Identify and manage your Employee Value Proposition
  • 8. Strategic Human Capital Management Inc. Employee Value Proposition • Employees seek to satisfy critical needs • Employers that meet those needs become employers of choice • EVP is that blend of solutions to critical needs that causes employees to select one employer over all others
  • 9. Strategic Human Capital Management Inc. Employee Value Proposition • All employers develop an EVP, formally or informally • If formally developed, it can be managed • If managed, it can provide sustainable competitive advantage
  • 10. Strategic Human Capital Management Inc. Proposition Components • REWARDS • RESPONSIBILITIES • RELATIONSHIPS
  • 11. Strategic Human Capital Management Inc. Component Elements • REWARDS – Affordable/flexible benefits – Competitive/equitable wages – Performance based increases – Personal/professional development – Advancement opportunities – Recognition for contributions
  • 12. Strategic Human Capital Management Inc. Component Elements • RESPONSIBILITIES – Adequate supporting resources – Clear performance expectations – Training for improved performance – Connection to mission – Utilize skills/abilities – Input/feedback opportunities
  • 13. Strategic Human Capital Management Inc. Component Elements • RELATIONSHIPS – Competent co-workers – Interactions with customers – Visible/approachable leaders – Cooperation within/between departments – Respect – Fair/responsive supervisors