Washington, D.C. (PRWEB) February 8, 2006
The Human Capital Institute (HCI), a professional association and educator in talent management strategies, and Pilat HR Solutions, a leading provider of talent management consulting and software, announced today that Pilat will sponsor HCI's Human Capital Theory & Strategy learning and research track. The track is one of several topics addressed in HCI's Talent Strategy community of interest, a community HCI considers essential for organizations working to leverage human capital.
"Human capital is a core corporate asset, just like financial and physical assets. As such, it must be managed the way companies manage other assets," said Allan Schweyer, HCI's Executive Director. "This requires thinking strategically about how to invest in human capital, and figuring out how to optimize and measure its return."
In today's economy, the competitive strength of companies, regions, and countries is no longer strictly dependent on physical assets or resources. Instead, success depends largely on the intellectual attributes of knowledge workers. Indeed, recent data indicates that among Standard & Poor's 500 companies only one of every six dollars of market-to-book value represents financial or physical assets.
Because organizational value is increasingly driven by non-tangible capital, including talent, it is essential that business leaders acquire a solid understanding of the fundamentals of human capital management. After providing a framework for human capital theory, this learning track will focus on strategic approaches to human capital management. The Thought Leader panel will examine the fundamental principles associated with managing this core asset, along with new ideas, trends, and best practices. Webcasts, white papers, education, and other resources are all aimed at providing human capital professionals with information they need to contribute to organizational success.
"As the knowledge economy continues to expand, effective human capital management will become even more critical to maintaining a competitive edge. Finding better ways to attract, deploy, retain and, most importantly, grow excellent talent may even become survival issues," said Clinton Wingrove, CEO and Principal Consultant of Pilat's North American operations. "We're pleased to support HCI's efforts in this important area."
ABOUT PILAT HR SOLUTIONS
Pilat (North America) Inc. d/b/a Pilat HR Solutions is a wholly-owned subsidiary of Pilat Technologies International Limited, a leading global HR consulting and software company co-listed on the London AIM and Tel Aviv Stock Exchange. Pilat HR products and services are designed to Power Performance and Potential®. Pilat enables its clients to excel by optimizing the HR processes proven to underpin superior organizational performance. It does so, by integrating advanced HR Methods, Web-based Technology and Data Management. For more information, please visit: http://www.pilat.com
ABOUT THE HUMAN CAPITAL INSTITUTE
The Human Capital Institute is a think tank, educator, and professional association dedicated to the advancement of talent management practices with individuals and organizations. HCI serves as a catalyst for innovative thinking in integrated talent strategy, acquisition, development, engagement, management, and measurement. Through research and collaboration, HCI programs collect original, creative ideas from a field of the brightest thought leaders in talent management. Those ideas are then transformed into measurable, real-world strategies that help its members attract and retain high-performing people, build a diverse, inclusive workplace, and leverage individual and team performance throughout the enterprise. HCI members represent a broad coalition of educators, talent managers and executives. For more information, please visit: http://www.humancapitalinstitute.org
Pilat (North America) Inc.
Human Capital Institute
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
# # #