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Strategic Human Resource Management and Development, 1e by Ekta Sharma

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CHAPTER 2

An Investment Perspective of SHRM

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“The need of the hour is to know that there is no one knowledge or skill set. Technology and science is constantly changing around us. Therefore, for an organisation to be sustainable, it needs to develop a learning mindset.”

 

Adil Malia, group president HR at Essar Group

CHAPTER OUTLINE
  • Employee as an asset
  • Sources of employee values
  • Adopting investment perspective
  • Factors influencing investment perspective of the organisation
LEARNING OUTCOMES
  • Human capital
  • Asset
  • Book value
  • Market value
  • Career plateau
  • Counter cyclical hiring
  • Utility theory
  • Return on investment
  • Realistic job preview ...

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