The Human Value of Enterprise
Valuing PEOPLE as Assets - Monitoring, Measuring, Managing
Category:
Human Resources
(9)
(10)
(8)
(6)In this summary you will learn
- How to quantify the contributions that individual employees make to the overall value that your company creates for its stakeholders
- How to quantify your company’s efforts to bolster employee motivation, foster employee loyalty and encourage employee growth
- How to use measurements in both areas in making decisions about staffing and overall corporate strategy
Why you should read The Human Value of Enterprise
In The Human Value of Enterprise, Andrew Mayo proposes a quantitative methodology that attempts to bring the rigors of financial accounting to human resources management. Mayo sets forth a series of formulas designed to reveal how much each individual is contributing to the overall value that any company creates for its stakeholders. Of course, these formulas are limited by the subjective process through which managers assign values to the activities and results of their employees. That said, the procedures that Mayo outlines can be used as the foundation for a fairly rigorous system of human resource cost accounting that getAbstract.com recommends to all professionals in the field.
About the Author
Andrew Mayo is a well-known international consultant, speaker, and author. He is a Program Director at London Business School and a Professor of Human Capital Management at Middlesex University Business School. He is the co-author of The Power of Learning, Managing Careers, and Creating a Training and Development Strategy.
Comment on this summary
Be the first to write a comment! Sign in to share your opinion
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of The Human Value of Enterprise any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!