Issue Details

A REVIEW OF THE ROLE OF HUMAN CAPITAL MANAGEMENT PRACTICES IN ORGANIZATION

ABSTRACT

Human Capital Management (HCM) is a valuable asset for any organization. This involves effectively managing individuals, their capabilities, and their skills within the organization. Human Resource (HR) professionals utilize various HCM practices to enhance organizational performance and the development of the workforce. Effective Human Capital Management is essential for any successful organization. It creates a connection between management and staff, allowing for the achievement of organizational objectives. In India, human capital management plays a critical role in the growth and development of the nation. This review paper explores the various aspects of Human Capital Management, highlighting how it contributes to organizational performance and national growth. The study focuses on the application of human capital management in the company, analyzing how HR professionals can successfully manage the skills, experience, and talent of employees. The primary objective of this paper is to examine the potential benefits or role of human capital management practices in organizations.

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