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Investing in Your Company’s Human Capital: Strategies to Avoid Spending Too Little—or Too Much by Ph.D. Jack J. Phillips

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Chapter 11. Executive Commitment and Support

Lack of support for HR is a serious and universal problem. An absence of strong executive and management support will inhibit an otherwise successful human capital investment. Indeed, most human capital improvement projects have little chance of being effective without such support. The problem can be serious enough in some organizations to cause the ultimate demise of the HR function. This chapter explores commitment and support issues, detailing how both can be increased. Three key strategies are explored in more detail: building partnerships, creating a special workshop for managers, and tying bonus plans to human capital measures. The focus of this chapter is on both executives, who must provide ...

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