“An engaged and dedicated workforce is one of the surest paths to success in the hospitality industry. The Human Capital Management process was extremely useful to assist us in formulating our Talent Management strategies. I’d recommend this book to anyone responsible for developing programs related to maintaining employee relationships, maximizing talents, and measuring and improving employee performance.”
- Hilary McClain, former vice president of Internal Talent for MGM MIRAGE
Tampa, Fla., (October 22, 2009) – Traditionally, organizations have left human capital management needs to the human resources department. A new book argues that model is broken and introduces a new model for human capital management. Both the 2009 Chief Learning Officer Business Intelligence Industry Report and the 2009 Talent Management State of the Industry Report both rank human capital management or talent management at the top of CEO/C-Suite strategic agendas.
“ACHIEVING A TRIPLE WIN: Human Capital Management of the Employee Lifecycle” (Routledge; 10/22/2009: $45.95) is a resource to senior leaders, decision makers and HR professionals responsible for talent management in the private and public sectors. Written in a straightforward, practical manner, the book outlines focused guidance for organizations to implement the “human capital cycle.”
Historically, consultants and academics have suggested a linear approach to a non-linear problem – attracting the best employees suited for the job. This principle doesn’t stand in today’s workplace environment now that talented employees don’t generally follow the standard career path anymore. The talent management landscape has changed. Highly talented people aren’t as attracted by traditional recruitment methods as they used to be. And the task of keeping these people happy and committed to their employer is becoming more specialized.
The “Human Capital Cycle” model presented in the book presents a more systematic and comprehensive approach to human capital management based on the author’s insight into the connection between an organization’s strategy and its human capital needs and plans. Details regarding the approach are easily digested in a succinct and convenient format. The focus is a model of the six stages of the Employee Lifecycle and how it can deliver a “triple win” of benefits for customers/constituents, the organization and employees. The content includes rich descriptions and examples, details on how to plan and execute each stage, key questions and issues to be addressed and client case studies to illustrate the approach.
The author of the book is a nationally recognized expert in the world of human capital management. Joyce A. Thompsen Ph.D., is a consulting practice leader for leadership and management development with AchieveGlobal – a company focused on helping organizations translate business strategies into business results by developing the skills and performance of their people.
For further information - http://www.routledge.com/books/Achieving-a-Triple-Win-isbn9780415548359.
About Joyce A. Thompsen, Ph.D.
Joyce holds a Ph.D. in applied management and decision sciences, an MBA, and a B.S. in business education. She spent 10 years as a corporate HR executive. At AchieveGlobal she consults with clients to optimize talent, and to clarify and execute strategy to achieve results.
About AchieveGlobal
AchieveGlobal is the world leader in providing exceptional interpersonal business skills, giving companies the workforce they need for business results. In the 21st century, the level of human skills will determine organization success. Located in more than 40 countries, AchieveGlobal offers multi-language, learning based solutions - globally, regionally and locally. For more information, see www.achieveglobal.com.