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Human Capital Balance Sheet Before you can get to where you need to be, you need to know where you are.
Value Proposition A successful Human Capital Program begins with creating a snapshot of where you stand now – a Human Capital Balance Sheet.
Such a Balance Sheet delivers three benefits: • First, it identifies and quantifies workforce strengths and gaps. • Second, it is the basis for a successful action plan. • Third, it provides a benchmark against which to measure progress.
Service Summary Each client's needs are unique, so Radcom tailors each Human Capital Balance Sheet assessment to capture data appropriate to the client.
Most assessments will include the following three metrics: • Financial-Based Objective Metrics which relate human capital to financial performance. • Non-Financial-Based Objective Metrics which quantify characteristics and trends in the client's workforce. • Subjective Metrics which require judgment and help complete the picture of the workforce.
If appropriate, an assessment may also cover areas such as: • Training & Development Programs Effectiveness and Operation • HR Department Organization and Procedures • HR Planning & Development • Personnel Policies • Employee Benefits • EEO and Regulatory Compliance • Recruitment and Selection
The Human Capital Balance Sheet Report will include: • Presentation of the data results of the assessment • Narrative analysis of the statistical results • Recommended areas for attention and action.
Some Questions to Ask Yourself • Is your company's management bench strong enough ? • Do you know who your highest potential performers are ? • If you have a strategic plan, are your people equipped to execute it ?
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