Measuring HRM Effectiveness

Running head: MEASURING HRM EFFECTIVENESS
Measuring HRM Effectiveness
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1MEASURING HRM EFFECTIVENESS
1. What measures, metrics or tools might HR professionals use to assess the
effectiveness of HRM and/or HCM and/or its contribution to business performance?
The effectiveness of the HCM Human capital Management and HRM Human
resource Management deals with the reporting, analysing and obtaining of data which enables
the information about the direction in which the people management in an organisation is
developing through strategic investment of the decisions taken at a corporate level at the level
of the front line management (Michael 2006). For inducing effective HRM and HCM
contribution to the business performance the following are the tools, measures or metrics that
the HR professionals should put into practice:
 According to personal opinion a characteristic of HCM is defined only with
the use of proper metrics that would help in guiding an approach for managing
the people in the organisation as they are also recognised as an asset for the
company. This emphasizes the competitive advantage over the strategic
investments made in behalf of the company and this can be further enhanced
with the employee engagement plans, employee retention plants, talent
management and enhancement of the skills of employees through learning and
development programmes.
 The metrics should be used to measure the value that has been added to the
organisation due to these attributes and this information should be effectively
used for the management of the organisation further.