AN INVESTMENT PERSPECTIVE OF HRM

Chapter 1

JEFFREY A. MELLO
 LEARNING OBJECTIVES
 Understand the sources of employee value
 Gain an appreciation of the importance of human capital and how it can be
measured
 Understand how competitive advantage can be achieved through investment in
employees
 Understand the obstacles that prevent organizations from investing in their
employees
SOURCES OF EMPLOYEE VALUE
A DILEMMA
TYPES OF ORGANIZATIONAL ASSETS/CAPITAL
HR VALUE CHAIN
FACTORS INFLUENCING AN ORGANIZATION’S INVESTMENT
ORIENTATION