1. Human Capital Management (HCM) is a strategic approach that focuses on the management and development of employees in an organization, while human capital refers to the skills, knowledge, and abilities possessed by individuals.
2. HCM involves the planning, recruitment, training, and retention of employees, while human capital refers to the value that individuals bring to an organization through their skills and abilities.
3. HCM is a formalized process that is typically overseen by HR professionals, while human capital is a more abstract concept that reflects the potential of individuals to contribute to an organization's success.
4. HCM is concerned with maximizing the productivity and efficiency of employees, while human capital focuses on understanding and leveraging the unique strengths of individuals.
5. HCM involves the use of technology and data analytics to support decision-making related to employees, while human capital is more about recognizing and nurturing the talents and abilities of individuals.
Give five difference between Human Capital management and human capital
1 answer