People - The New Asset on the Balance Sheet (Corporations in the Global Economy)

Job migration across international boundaries and jobless economic "recoveries" are the latest disruptions in the workplace's human equation. To help policy makers, employers and employees to address these issues, DiVanna and Rogers propose a more rigorous approach to human capital. They point out that the emergence of stronger measures, management techniques and balance sheet valuations was a key enabler to the emergence of dynamic financial capital markets and international exchanges. This book puts forth a framework for measuring, managing and negotiating issues of human business value. It looks at how policymakers, employers and employees can achieve common ground when productivity threatens job loss or avoid the zero-sum view that pits international trade against domestic employment. People - The New Asset on the Balance Sheet is a new book about human resources which departs from the traditional pioneering works by Sveiby, Kaplan and Norton, Edvinsson and Fitz-enz, amongst others, so as to offer a fresh methodology for the valuation of human capital, one which can be found more current and more applicable in today's global economy. The book, based on three years' research using many UK and US companies' HR departments, offers to business professionals several practical approaches to improve the operations of their companies and optimize the processes that comprise the firm's value proposition. Moreover, this book aims to demonstrate that measuring human capital is not a subjective exercise for academics, but rather a fundamental business requirement for the next decade of competition. Advocating that corporations should not be concerned with which methodological approach is better (more holistic or comprehensive), nor should they agonize over which method will be elevated to the status of standard, DiVanna and Rogers argue that the value of valuing human capital is in the experience gained in discovering which method best fits the needs of the organization People - The New Asset On The Balance Sheet Is A New Book About Human Resources Which Departs From The Traditional Pioneering Works By Sveiby, Kaplan And Norton, Edvinsson And Fitz-enz, Amongst Others, So As To Offer A Fresh Methodology For The Valuation Of Human Capital, One Which Can Be Found More Current And More Applicable In Today's Global Economy. The Book, Based On Three Years' Research Using Many Uk And Us Companies' Hr Departments, Offers To Business Professionals Several Practical Approaches To Improve The Operations Of Their Companies And Optimize The Processes That Comprise The Firm's Value Proposition. Moreover, This Book Aims To Demonstrate That Measuring Human Capital Is Not A Subjective Exercise For Academics, But Rather A Fundamental Business Requirement For The Next Decade Of Competition.--book Jacket. 1. The Personalization Of Value -- 2. Fluidity In A Dynamic Marketplace -- 3. The New Balance Sheet -- Conclusion : The Agenda For Action. Joseph A. Divanna And Jay Rogers. Includes Bibliographical References (p. 187-191) And Index. Cover......Page 1 Contents......Page 8 List of Figures and Tables......Page 9 Preamble......Page 10 Preface......Page 14 Acknowledgements......Page 18 Introduction......Page 20 1 The Personalization of Value......Page 28 The employee value proposition......Page 39 Confusing terms: human capital, knowledge assets, intellectual capital......Page 56 Rethinking work, skills and the application of talent......Page 72 2 Fluidity in a Dynamic Marketplace......Page 82 Education should drive the market, not follow it......Page 91 All employment is temporary......Page 102 Labour shortages and the new face of globalization......Page 107 3 The New Balance Sheet......Page 112 Qualitative metrics: a humanist approach......Page 145 Quantitative measures: the bean counter's friend......Page 160 The equation for valuation: notes to the financial statement......Page 175 Conclusion: The Agenda for Action......Page 184 Notes......Page 190 Bibliography......Page 206 D......Page 212 I......Page 213 P......Page 214 X......Page 215 Job migration across international boundaries and jobless economic "recoveries" are the latest disruptions in the workplace's human equation. To help policy makers, employers and employees to address these issues, Divanna and Rogers propose a more rigorous approach to Human Capital. They point out that the emergence of stronger measures, management techniques and balance sheet valuations was a key enabler to the emergence of dynamic financial capital markets and international exchanges. This book puts forth a framework for measuring, managing and negotiating issues of human business value. It looks at how policymakers, employers and employees can achieve common ground when productivity threatens job loss or avoid the zero sum view that pits international trade against domestic employment.