May 1, 2024
Updated June 28, 2025
16 minute read
An Introduction to Human Capital Management
Human Capital Management (HCM) is a strategic and comprehensive approach to managing an organization's most valuable asset: its people. It encompasses a wide set of practices designed to attract, develop, manage, and optimize the workforce to achieve business objectives. More than just an administrative function, HCM views employees as "human capital"—a core asset whose value can be enhanced through strategic investment, much like any other business asset. This perspective transforms traditional human resources tasks into opportunities to boost engagement, productivity, and overall business value.
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Find a path to becoming a Human Capital Management. Learn more at:
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Reading list
We've selected 13 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Human Capital Management.
This comprehensive textbook provides a thorough overview of the field of human capital management, covering topics such as talent management, performance management, and compensation and benefits.
Provides case studies and best practices in human capital management.
Provides a research-based perspective on human capital management and discusses how to align human capital strategies with business goals.
This comprehensive textbook provides an overview of human capital management from an organizational perspective.
Discusses how to measure and evaluate the effectiveness of human capital management programs.
Discusses how to align human capital management strategies with business goals.
Provides a practical guide to talent management, including topics such as talent assessment, talent development, and talent retention.
Discusses the importance of talent management in the modern economy and provides practical advice on how to attract, develop, and retain top talent.
Provides a comprehensive overview of compensation and benefits, including topics such as salary structures, incentive plans, and employee benefits.
Provides a comprehensive overview of compensation, including topics such as salary surveys, job evaluation, and incentive plans.
Provides a comprehensive overview of performance management, including topics such as goal setting, performance appraisal, and performance improvement.
Discusses the use of data and analytics to improve human capital management decisions.
Discusses the impact of technology and globalization on the future of work and provides insights into how organizations can prepare for the future.
For more information about how these books relate to this course, visit:
OpenCourser.com/topic/x6sal1/human