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Human Asset Management
By Varsha Parmar
Mastermind Credo
For Human Resource
We Will Always Ensure That Each Member Of Our Team Is
Happy And Leading A Progressive And Well Balanced Life. We
Will Ensure That Each One Of Them Learn And Grow In Life
And For That We Will Provide All The Necessary Resources
And Tools. We Will Also Create Platforms Where They Can
Share And Exchange Their Knowledge With Other Members Of
The Society And The Organization.
We Are Committed To Provide Them Transparent And Easy
Systems And Process To Fulfill Their Tasks Effectively And
Also To Provide Them Healthy And Clean Work Environment
And Infrastructure.
Objective
• My Objective is to share on how the Human Resource can be
managed.
• To share factors affecting the organizational investment.
• Steps for Effective HRM.
• Financial Assets/Capital
• Physical Assets/Capital
• Market Assets/Capital
• Operational Assets/Capital
• Human Assets/Capital
Easier
More Difficult
5 Types of Assets/Capital
Ease of Measurement
• Financial & Physical Asset are relatively easy to measure via
accounting practices. Most of these assets are tangible and having
clear market value.
(Equity, Securities & Investment, Account receivable, Plant, Land, Equipment, Raw
Material)
• Market & Operational Asset are bit more Challenging to measure,
but accounting practices have been developed that generally can
place subjective value on such assets.
(Goodwill, branding, customer loyalty, Patents, trademarks, copyrights, Management
practices, structure of work, technology)
• Human assets are very difficult to measure as education,
knowledge, skills, competencies, etc have no boundaries and thus
to measure it is very difficult.
What is HAM?
• Human Asset management (HRM, or simply HR) is a function in
organizations designed to maximize employee performance of an
employer's strategic objectives.
• HR is primarily concerned with the management of people within
organizations, focusing on policies and systems.
Factors affecting an organizational
investment orientation
• There are basically five(5) major factors that affect the
Investment oriented Company in its management of Human
Resources :
1.Management
Values
2. Attitude
Towards Risk
3. Nature of
Employee
4. Utility theory 5. Outsourcing
Steps for Effective HAM
• Recruitment
• Assessment
• Staff Performance
• Wellbeing
Steps for Effective HAM
• Staff Retention
• Resolve Conflict
• Career Development
• Facilitators
Human Asset Management

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Human Asset Management

  • 2. Mastermind Credo For Human Resource We Will Always Ensure That Each Member Of Our Team Is Happy And Leading A Progressive And Well Balanced Life. We Will Ensure That Each One Of Them Learn And Grow In Life And For That We Will Provide All The Necessary Resources And Tools. We Will Also Create Platforms Where They Can Share And Exchange Their Knowledge With Other Members Of The Society And The Organization. We Are Committed To Provide Them Transparent And Easy Systems And Process To Fulfill Their Tasks Effectively And Also To Provide Them Healthy And Clean Work Environment And Infrastructure.
  • 3. Objective • My Objective is to share on how the Human Resource can be managed. • To share factors affecting the organizational investment. • Steps for Effective HRM.
  • 4. • Financial Assets/Capital • Physical Assets/Capital • Market Assets/Capital • Operational Assets/Capital • Human Assets/Capital Easier More Difficult 5 Types of Assets/Capital
  • 5. Ease of Measurement • Financial & Physical Asset are relatively easy to measure via accounting practices. Most of these assets are tangible and having clear market value. (Equity, Securities & Investment, Account receivable, Plant, Land, Equipment, Raw Material) • Market & Operational Asset are bit more Challenging to measure, but accounting practices have been developed that generally can place subjective value on such assets. (Goodwill, branding, customer loyalty, Patents, trademarks, copyrights, Management practices, structure of work, technology) • Human assets are very difficult to measure as education, knowledge, skills, competencies, etc have no boundaries and thus to measure it is very difficult.
  • 6. What is HAM? • Human Asset management (HRM, or simply HR) is a function in organizations designed to maximize employee performance of an employer's strategic objectives. • HR is primarily concerned with the management of people within organizations, focusing on policies and systems.
  • 7. Factors affecting an organizational investment orientation • There are basically five(5) major factors that affect the Investment oriented Company in its management of Human Resources : 1.Management Values 2. Attitude Towards Risk 3. Nature of Employee 4. Utility theory 5. Outsourcing
  • 8. Steps for Effective HAM • Recruitment • Assessment • Staff Performance • Wellbeing
  • 9. Steps for Effective HAM • Staff Retention • Resolve Conflict • Career Development • Facilitators