The 5 P’s of HRM are purpose, process, people, performance, and profit. These elements guide HR practices to ensure they are aligned with business goals, drive employee engagement, and contribute to overall organizational success.
HCM in ESG focuses on managing human capital in a way that supports sustainability and ethical governance. It emphasizes employee well-being, diversity, and corporate social responsibility as part of broader organizational sustainability efforts.
The HCM 21 model focuses on strategic human capital management by aligning workforce practices with the company’s long-term goals. It emphasizes employee development, productivity, and innovation to drive organizational success.
HCM (Human Capital Management) is sometimes considered part of an ERP (Enterprise Resource Planning) system, but it specifically focuses on managing workforce-related processes such as recruitment, training, and payroll, unlike broader ERP solutions.
The 5 pieces of HR include talent acquisition, employee development, compensation, performance management, and compliance. Together, these pieces create a comprehensive approach to managing an organization’s workforce.
The 7S model in HR includes strategy, structure, systems, shared values, skills, style, and staff. These elements work together to ensure alignment between HR practices and organizational goals, promoting efficiency and success.
The 7 C’s of HRM include clarity, communication, consistency, compliance, culture, competency, and commitment. These elements shape how HR practices support organizational success and foster a healthy work environment.
HR fundamentals include recruitment, onboarding, training, performance management, compensation, and compliance. These core HR functions ensure that an organization can manage its workforce effectively and create a positive workplace culture.
HCM strategy focuses on maximizing the value of human capital by investing in employee development, improving productivity, and aligning HR practices with organizational goals. It helps companies manage and grow their workforce strategically.
The 3 C’s of HRM are communication, culture, and compliance. These elements ensure that HR practices are transparent, aligned with company values, and legally sound, fostering a positive work environment.
