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In this context, they describe a series of necessary five stages in the management of human capital covering the five major human capital areas as (a). recruitment, retention, and retirement, (b). rewards and performance management, (c).career development, succession planning, and training, (d). organizational structure, and (e). human capital enablers, as follows:
1. Stage One - Clarification: In this stage, companies identify and confirm their overall business direction or strategy in the broadest sense of the terms.(for a detailed discussion of this stage see Chapter 4)
2. Stage Two - Assessment: In this stage, companies calculate the cost of investment in human capital, and the value employees place on this investment.(for a detailed discussion of this stage see Chapter 5)
3. Stage Three - Design: In this stage, companies begin to create programs that can yield better returns on human capital. (for a detailed discussion of this stage see Chapter 6)
4. Stage Four - Implementation: In this stage, companies put these proposed changes into practice. (for a detailed discussion of this stage see Chapter 7)
5. Stage Five - Monitoring: In this stage, companies check this new system. (for a detailed discussio of this stage see Chpter 8)
As conclusion, they argue that 'Human Capital Appraisal' is a holistic approach based on the two equally important dimensions of stages and areas-time and space. It is in the squaring of these elements that the real substance of human capital development can emerge. By following a sequence for enhancing human capital, and by ensuring coverage of all areas within each part of the sequence, companies can improve their returns on investment in this area-by far the most critical for companies today (p.45).
Strongly recommended for executives and HR professionals.
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If I were to pick just one book to go to, for a search of Civil War information, this one would have to be it.
From Battle, Politics, Leaders, speechs, debates, economics, literature, etc., IT IS ALL IN HERE.
This is one book that everyone would be proud to own. ( As well, as the kind that almost caves your chest in, laying in bed reading--It IS A BIG BOOK.)
There is such a wealth of information, and every thing is solidily backed up with excellent references. It's a fantastic book.
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The Third Doctor Handbook is a great addition to any Doctor Who fans' collection. It also features an introduction by the Third Doctor himself, the late Jon Pertwee, written in April 1996, a month before he passed away. Published in 1996, this was the fifth volume in the Doctor Who series of handbooks.
Personally, I wish the book had included more information on the discoveries/recoveries of lost Pertwee episodes, as well as their restoration to color; since, the stories behind these are very fascinating.
Overall, this is a very well researched volume; and, I highly recommend this book as well as the rest in the series.
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