What is Human Capital Management, and How Does it Differ from Traditional HR Management?

What is Human Capital Management, and How Does it Differ from Traditional HR Management?

Human Capital Management (HCM) and Human Resources Management (HRM) are sometimes used interchangeably; however, this is incorrect. While both aim at administering an organization’s personnel, HCM takes a wider perspective and a more strategic line in its operations. It must be noted that organizations that are working to optimize the use of their workers and […]