Human Capital Reporting Grid by Donald H Taylor

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2x2 grid of Human Capital Measures, with metrics plotted against how practically focused they are and the extent of their scope (from macro economic to team/individual level).

2x2 grid of Human Capital Measures, with metrics plotted against how practically focused they are and the extent of their scope (from macro economic to team/individual level).

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  • Outstanding demonstration. Really clear as well as useful
    Sharika
    http://winkhealth.com http://financewink.com
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  • Hi Don, interesting stuff... I stumbled upon this via your blog this morning... we've got a few ideas that might broaded the discussion over at http://www.fourgroups.com/solutions/hr_strategy.html
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  • 1. Human Capital Reporting Grid Donald H Taylor, Strategic Alliances Director [email_address] www.donaldhtaylor.co.uk www.infobasis.com 6 March 2007
  • 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?
  • 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
  • 4. Scope Focus Human Capital Reporting Grid, © 2007 Donald H Taylor
  • 5. Scope Focus Applies to entire economies How does this affect our work? How does this help us better understand our assets? Applies at employee/team level Applies to individual companies Applies to aggregated companies Human Capital Reporting Grid, © 2007 Donald H Taylor
  • 6.
    • So the scope ranges from ‘Micro’ to Macro’
    • And the ‘focus’ from ‘theoretical’ to ‘practical’
  • 7. Scope Focus Micro Macro Practical Theoretical Human Capital Reporting Grid, © 2007 Donald H Taylor
  • 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
  • 9. Scope Focus Micro Macro Practical Theoretical Accounting Measures Academic Measures Policy Measures Operational Measures Human Capital Reporting Grid, © 2007 Donald H Taylor
  • 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
  • 11. Scope Focus Micro Macro Practical Theoretical Accounting Measures Academic Measures Saratoga’s trends in Human Capital, PwC Policy Measures Human Asset Worth, Mayo European Human Capital Index, Ederer Operational Measures Human Capital Index, Watson Wyatt Accounting for Assets, Otter Any number of academic measures Human Capital Reporting Grid, © 2007 Donald H Taylor No metrics here
  • 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.
  • 13. Scope Focus Micro Macro Practical Theoretical Accounting Measures Academic Measures Saratoga’s trends in Human Capital, PwC Policy Measures Human Asset Worth, Mayo European Human Capital Index, Ederer Operational Measures Human Capital Index, Watson Wyatt Accounting for Assets, Otter Any number of academic measures Disparate operational methods Human Capital Reporting Grid, © 2007 Donald H Taylor
  • 14. Human Capital Reporting Grid Donald H Taylor, Strategic Alliances Director [email_address] www.donaldhtaylor.co.uk www.infobasis.com 6 March 2007