The New Human Capital Strategy

Improving the Value of Your Most Important Investment--Year After Year

The New Human Capital Strategy

Author: Bradley W. Hall, Ph.D.
Pub Date: January 2008
Print Edition: $22.95
Print ISBN: 9780814420034
Page Count: 256
Format: Paper or Softback
e-Book ISBN: 9780814409596

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Table of Contents


Foreword by Clayton M. Christensen ix

Introduction: A Systematic Approach to Growing

Your Human Capital 1

Time for a New Approach 3

Today’s Approach to Human Capital Management 6

Shifting to a New Approach 8

Why This Book Was Written 11


Chapter 1: A New Source of Competitive Advantage 17

Maintaining Competitive Advantage 18

Competing on Human Capital: What’s It Worth? 20

The Need for a New Paradigm 23

Human Capital Management 24

Executing the Human Capital Strategy 31

The Outcomes of HCS 36

Conclusion 37

Chapter 2: The New Human Capital Strategy 39

The Current State of HR Strategies 40

Building a Human Capital Blueprint 44

The Human Capital Theory 47

The Human Capital Vision 49

Setting the Human Capital Vision 50

Strategic Human Capital Components 51

Plans That Deliver Business Results 55

Determining the Optimal Blueprint for

Your Organization 59

Conclusion 63

Chapter 3: Creating Capabilities to Execute the Blueprint 65

Today’s Human Resources Function 67

Today’s Performance Gap 70

Aligning the HR Structure 76

Fixing HR Systems 85

Shifting Values from the Internal to the External 89

Using HR Skills to Provide Change Leadership 94

Conclusion 99


Chapter 4: Effective Executive Teams 105

Why Are Executive Teams Important? 107

Building the Executive Team 107

Executive Team Design 108

Improving Executive Team Performance: A Roadmap 119

Conclusion 127

Chapter 5: Leaders Who Deliver Results 128

Leadership Development: The Current State 130

Building Leadership Excellence: A Roadmap 136

Conclusion 157

Chapter 6: Key Position Excellence 160

Key Position Performance: The Current State 162

Key Position Excellence: The Roadmap 172

Conclusion 187

Chapter 7: Improving Workforce Performance 189

Performance Improvement: The Current State 192

Building a High-Performance Organization:

The Roadmap 200

Conclusion 215

Chapter 8: Putting It All Together 219

Step 1: Create Capabilities to Drive Change 220

Step 2: Define Success 226

Step 3: Create an Integrated Improvement Process 229

Conclusion 235

Index 237

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