According to Synergy's conclusions the most prominent differences are in aspects namely viewing angle focus and size. Let's see the explanation in the image below. If we look at this difference graph we can see improvements in key parts of HR. The focus of human resource management is to instill value in human resources which we cannot get from human resource management. These differences will influence the formulation of work plans and organizational strategies. Provision of facilities analysis of employee performance and productivity as well as other matters related to employee development. So which is better Human Capital and Human Resources.
The choice of management philosophy in an organization or company of course depends on the industry vision and mission of the company. It does not rule out the possibility that a company has an adequate human resource management concept to manage its human resources South Africa Phone Number results and company growth. Therefore it is impossible to determine the advantages and disadvantages of HRM and HCM. Even so if you look at the comparison of the two because human capital management considers human resources as valuable assets that can be invested more. HCM is considered capable of providing better benefits for employees and companies.
Why is Human Capital important and an option? A recent study cited by Shift media shows that there is a direct correlation between increasing human capital and an organization's financial health. The Center for Investor Responsibility Research Institute and Harvard Law School found in their research that there is a significant relationship between human resource policies and an organization's financial results. Their conclusions prove a direct correlation between human resource performance and financial performance. Encourage them to recommend human resources for investments and indicators. Experts say that of companies admit to failing to maximize growth because they have not invested in human resources.