By Jay Liebowitz
President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital. in accordance with Knowledgeworkers.com, human capital is the gathered worth of an individual's mind, wisdom, and adventure. within the U.S. federal executive, a human capital predicament exists. the criteria contributing to a human capital difficulty contain a data bleed because of retirement eligibility, altering views on paintings, and escalating wisdom loss. in line with a Joint listening to at the Federal Human Capital, via 2005, greater than 1/2 the 1.8 million non-postal civilian staff could be eligible for early or typical retirement. an excellent higher percent of the Senior govt provider, the government's center managers, should be eligible to leave.All executive enterprises are required to boost a human capital procedure by means of 2005. a lot of those organisations have scored a "red" (lowest ranking) at the executive Scorecard within the means they're drawing close their strategic administration of human capital. This ebook is an govt briefing on constructing a profitable human capital method in response to classes realized from examining current innovations at executive organizations similar to NASA.Using a data administration viewpoint, Liebowitz identifies 4 pillars of a good technique and provides examples of those in perform. * President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital: the subject of this publication* All executive enterprises are required to enhance a plan by means of 2005--this is the 1st e-book to deal with this want* presents an easy framework govt corporations can use to advance their approach
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Additional resources for Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective
Employees ﬁnd their jobs “very” or “extremely” stressful A H C C The message is that American workers today are more stressed out than ever before. Increased stress can lead to ill health and injury among workers, and reduced productivity. Additionally, high stress can affect the human capital assets in an organization. Let’s look at other statistics regarding the American labor force. S. * Data not available before . ** The “Asian and other” group includes () Asians and Paciﬁc Islanders and () American Indians and Alaska Natives.
We now turn to how to develop a human capital strategy for a federal agency. S. federal agencies, as Brian Friel points out in his Government Executive article “Reality Check” (May , ): • As part of the Bush administration’s management agenda, the OMB (Ofﬁce of Management and Budget) and the Ofﬁce of Personnel Management (OPM) issued a human capital scorecard using red, yellow, and green lights to rate agencies on their strategic management of human capital. • The governmentwide Human Resources Management Council developed a scorecard that covers more speciﬁc measures than does the OMB scorecard, including training effectiveness, diversity, recruitment and retention targets, and distribution of workers to frontline service positions rather than to backend administration jobs.
Also, there is an eroding industrial base and an aging and shrinking engineering and manufac turing community. Boeing hopes to leverage its competitive advantage to create value, but there are signiﬁcant human capital challenges facing them and many others in the aerospace and transportation industries. ppt). The New Relationship: Human Capital in the American Corporation (Brookings Institution Press, ), stress that human capital is the key asset for competitive advantage in American businesses.
Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective by Jay Liebowitz
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