Human Capital Reporting Grid by Donald H Taylor

Slide 1: Human Capital Reporting Grid Donald H Taylor, Strategic Alliances Director donaldt@infobasis.com www.donaldhtaylor.co.uk www.infobasis.com 6 March 2007

Slide 2: Human Capital Metrics • There are plenty of HC metrics out there – but they don’t all measure the same thing. • What are the differences between them?... • … and how do they relate to what’s actually happening in the workplace?

Slide 3: Metric types • Let’s plot the existing measures on that old favourite, the 2x2 grid. – X axis: how practically the metric is focused – Y axis: its scope, from the level of the individual, to dealing with whole economies

Slide 4: Scope Focus Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 5: Scope Applies at employee/team level Applies to individual companies Focus How does this help How does this us better understand affect our work? our assets? Applies to aggregated companies Applies to entire economies Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 6: • So the scope ranges from ‘Micro’ to Macro’ • And the ‘focus’ from ‘theoretical’ to ‘practical’

Slide 7: Scope Micro Focus Theoretical Practical Macro Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 8: The Four Quadrants • Roughly speaking, a different measure will exist in each of the four quadrants: – Academic Measures – Accounting Measures – Policy Measures – Operational Measures

Slide 9: Scope Micro Operational Accounting Measures Measures Focus Theoretical Practical Academic Policy Measures Measures Macro Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 10: Existing metrics • Metrics can be plotted on the grid. – They don’t exist at just one point, but stretch over a space on the grid – (Please ping www.DonaldHTaylor.co.uk if you think something’s missing, or in the wrong place) • Note the gap at the top right, the individual/practical corner of the grid

Slide 11: Accounting Operational Scope Measures Measures Micro No metrics here Accounting for Human Asset Assets, Otter Worth, Mayo Human Capital Index, Watson Wyatt Focus Theoretical Practical Saratoga’s trends in Human Capital, PwC Any number of academic measures European Human Capital Index, Ederer Macro Academic Policy Measures Measures Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 12: The Gap is Filled • People are filling the missing gap of the grid with their own, differing operational measures specific to teams and departments.

Slide 13: Accounting Operational Scope Measures Measures Micro Disparate operational methods Accounting for Human Asset Assets, Otter Worth, Mayo Human Capital Index, Watson Wyatt Focus Theoretical Practical Saratoga’s trends in Human Capital, PwC Any number of academic measures European Human Capital Index, Ederer Macro Academic Policy Measures Measures Human Capital Reporting Grid, © 2007 Donald H Taylor

Slide 14: Human Capital Reporting Grid Donald H Taylor, Strategic Alliances Director donaldt@infobasis.com www.donaldhtaylor.co.uk www.infobasis.com 6 March 2007