Unit 4 – Diagnostics and Interventions
Name
Colorado Technical University
Strategic Human Capital Management HRMT620-1603A-3
May 2, 2016
Instructor Dr. Eric Riley
Introduction The report being provided is an overview of the change management plan for AGC. The document will give an outline of activities that will encompass the program. All activities described have been developed based on the current state of AGC’s business events.
Diagnostics and Interventions
Organizations aggressively obtain and reinvest in assets. This concept is considered important to organizations for their long-term growth and to maintain a competitive advantage. The investment in human capital is often ignored. Human capital strategies have become an essential element that requires an aggressive approach to enable the organization to maintain a competitive advantage. The process of implementing a human capital management plan can be tedious but, for an organization to thrive in today's markets, it is a vital part of the business model and strategy. White states, “Human capital assessment is an increasingly essential element of organizational performance” (White, 2007). Human capital can be more valuable than the physical assets of the organization. Organizations go to great expense to train and hire associates who are trained and qualified to meet the organization's objectives. The value of implementation will become evident when efficiency, productivity, participation, and employee morale increases. They will increase as systems are put into to place that will provide consistent data, employee proficiencies and capabilities will remain current, a common organizational language will clearly define workforce data, human resource staff competencies will be developed, and the ability to subdivide departments and focus on critical, high-capacity output, and talent