| Integrated Human Capital Management
Model (IHCMM) improves the ability of a an organization
to extract value from the organization’s intellectual
capital. |
| Intellectual capital is composed
of four types of organization capital: |
- Intellectual property
- Complex intertwining of processes, data, and
culture
- Relational capital
- Human capital.
|
People are the catalysts that activate
the intangibles and inert forms of intellectual
capital, and equally passive forms of tangible capital
- material and equipment - to improve operational
effectiveness. IHCMM helps management to understand
how human capital interacts with other forms of
capital, both tangible and intangible.
To build intellectual capacity and maximize ROI
in human capital, IHCMM considers all aspects of
intellectual capital simultaneously, to link them
to enterprise goals. IHCMM integrates intellectual
property, processes, culture, system, data, and
human capital into management thinking, resulting
in a broad-based synergistic solution that can be
economically valued. |