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Why is the measurement of human capital important?
- to know as CEO or manager what the progress is of the implementation of your HR strategy
- to benchmark the effectiveness with outside companies
- for government statistics
- to understand if extra effort must be spend by the company to meet the targets / HR objectives
- cost controle
- for audit purposes
In addition to the answers I would say, it is important because it helps you in determine weaknesses and strengths of your human resources and employees !
Thank You
Thanks for invitation
I am agreeing with my colleague’s answer
Human capital constitutes a key element of the market worth of a company.
● Focus attention on what needs to be done to make the best use of its human capital.
● Monitor progress in achieving strategic HR goals and evaluate HR practices.
Thank you for inviting ........ because it is considered the main engine
ti know effect and can judge it
