By Jay Liebowitz
President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital. in line with Knowledgeworkers.com, human capital is the accrued worth of an individual's mind, wisdom, and event. within the U.S. federal govt, a human capital problem exists. the standards contributing to a human capital drawback comprise a data bleed as a result of retirement eligibility, altering views on paintings, and escalating wisdom loss. in keeping with a Joint listening to at the Federal Human Capital, via 2005, greater than 1/2 the 1.8 million non-postal civilian staff can be eligible for early or ordinary retirement. a fair better percent of the Senior government carrier, the government's center managers, can be eligible to leave.All executive corporations are required to advance a human capital method through 2005. a lot of those companies have scored a "red" (lowest ranking) at the executive Scorecard within the method they're drawing close their strategic administration of human capital. This ebook is an government briefing on constructing a profitable human capital approach in response to classes discovered from studying present ideas at executive organizations comparable to NASA.Using a data administration standpoint, Liebowitz identifies 4 pillars of a good technique and offers examples of those in perform. * President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital: the subject of this booklet* All executive organisations are required to increase a plan by means of 2005--this is the 1st e-book to deal with this desire* offers an easy framework executive companies can use to advance their technique
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Additional info for Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective
The model is shown in the following table: HUMAN CAPITAL CORNERSTONES CRITICAL SUCCESS FACTORS Leadership • Commitment to human capital management • Role of the human capital function Strategic human capital planning • Integration and alignment • Data-driven human capital decisions Acquiring, developing, and retaining talent • Targeted investments in people • Human capital approaches tailored to meet organizational needs Results-oriented organizational cultures • Empowerment and inclusiveness • Unit and individual performance linked to organizational goals Each of the critical success factors can be described in three levels, as discussed in GAO Report -SP: Level : The approach to human capital is largely compliance-based; the agency has yet to realize the value of managing human capital strategically to achieve results; existing human capital approaches have yet to be assessed in light of current and emerging agency needs.
The New Relationship: Human Capital in the American Corporation (Brookings Institution Press, ), stress that human capital is the key asset for competitive advantage in American businesses. Addi tionally, Mark Abramson and Nicole Gardner’s edited book, Human Capital , published by the PricewaterhouseCoopers Endowment for the Business of Government, highlights these ensuing human capital crises facing American government and businesses. A O G E S H C C?
Ppt): • Human capital strategy aligned with mission, strategic goals, budget, and scorecards • Citizen-centered structure • High-performance workforce with ﬂexibility to adapt to change • No skill gaps in mission-critical areas • Performance incentives linked to mission success • Human capital solutions using existing ﬂexibilities, tools, technology, and competitive sourcing Tenney indicated that some of the corrective action needed for NASA to move toward the “green” direction were: —Develop a comprehensive, integrated, and agile Agency Human Capital Strategic Plan T H C C F G —Align with NASA mission and goals —Help navigate through major human capital challenges —Incorporate strategies, tactics, and metrics —Integrate with other President’s Management Agenda initiatives NASA is trying hard to move towards the “green” strategic man agement of human capital.
Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective by Jay Liebowitz