Human Capital Source Releases HCM:21®, a Disruptive Human Resource Technology

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 12, 2008 --

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Human Capital Source Releases HCM:21®, a Disruptive Human Resource Technology

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http://www.HumanCapitalSource.com

Human Capital Source (www.HumanCapitalSource.com) unveiled the first integrative, predictive strategic human capital management system, HCM:21 ®. This was developed over 18 months with 20 organizations including Target Stores, Oracle, Accenture, Monster, Blue Shield, Ceridian, SuccessFactors and Scarlett Surveys. “The payoff for businesses that use the HCM:21 predictive analytics system includes consistent high returns on human capital investments, fully engaged employees, and the ability to lead while everyone else is frantically applying past market practices,” says Ken Scarlett, President of Scarlett Surveys International, a major contributor in the engagement piece of HCM:21 .

With this new model for strategic management, organizations can more effectively manage talent and technology investments. HCM:21 supports a broad range of business objectives as well as specific solutions around hiring, engaging and developing talent. The model identifies mission critical organizational issues and describes how they align, are interdependent and can be integrated to manage tomorrow’s human capital assets today. “Our industry has struggled for years to better understand the metrics associated with the world of intangible assets - this initiative will help as we move forward in a world where intangible assets (talent) are the differentiators of great companies,” says Row Henson, an Oracle Human Capital Management Fellow.

Organizations typically begin with workforce planning, matching business plan staffing requirements with labor pools and practicing gap analysis. This is woefully inadequate since the marketplace is constantly changing. “Modern organizations cannot afford to sub-optimize their critical human resources. They need tools, like HCM:21 , which are based on future-facing, real data to drive decision making,” says Dr. Charles Grantham, Executive Producer for Work Design Collaborative, LLC.

From the credit crunch and the disillusion of Wall Street to the major demographic shifts in the workforce, companies must adapt to manage the unknowns ahead. “Predictive analytics is sweeping the marketplace. From employee skills profiling and process optimization to client service management and Noble Prizes, it seems everyone is recognizing the need and adopting the power of predictability,” says Dr. Jac Fitz-enz, CEO of Human Capital Source and leader of the HCM:21 development project.

To learn more about this industry changing technology, visit: www.HumanCapitalSource.com/predictive_management.

About Human Capital Source

Human Capital Source (HCS) has been recognized for decades as the authority on human capital performance strategy, analysis and measurement. HCS is the source for those seeking information, advice and solutions to manage high performing workforce assets. HCS offers the highest quality research and consultancy services through its staff of seasoned veterans from Fortune 500 firms in technology, financing and retailing.

More information can be found online at http://www.HumanCapitalSource.com

human resources     predictive management     strategic management     workforce planning