For anyone looking to directly link HR strategies to a company's financial performance, "Investing in People" could be an insightful read. Wayne F. Cascio and John W. Boudreau have crafted a guide that illuminates how to substantiate the value of human resources initiatives with hard data. By using their LAMP methodology, you'll learn to quantify the often intangible human element of business, thereby making more informed decisions and proving the strategic worth of effective HR investments.

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More than ever before, HR practitioners must empirically demonstrate a clear link between their practices and firm performance. In, Investing in Financial Impact of Human Resource Initiatives , Wayne F. Cascio and John W. Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of HR investments. They provide powerful techniques for looking inside the HR "black box," implementing human capital metrics that track the effectiveness of talent policies and practices, demonstrating the logical connections to financial and line-of-business, and using HR metrics to drive more effective decision-making. Using their powerful "LAMP" methodology (Logic, Analytics, Measures, and Process), the authors demonstrate how to measure and analyze the value of every area of HR that impacts strategic value. Among the areas covered in depth · Hiring · Training · Leadership Development · Health and Wellness · Absenteeism · Retention · Employee Engagement Readers will master crucial foundational principles such as risk, return, and economies of scale and use them to evaluate investments objectively in everything from work/life programs to training. Also included are powerful ways to integrate HR with enterprise strategy and budgeting and for gaining commitment from business leaders outside HR.

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