Sunday, May 23, 2004

Human Capital Management [PDF]

Baseline Magazine has a great cover article on Human Capital Management -- the processes and system enablers of leveraging human assets to achieve business goals with efficiency and cost constraints. The article is a case study in the use of HCM software and processes in sports, and primarily focuses on the Boston Red Sox's drive for a world series championship this year by employing some smarts and lots of statistics in determining who will make it into their roster. If this is good for sports teams, think of how well it could be for businesses, where people can make or break a company. What I found totally surprising, was the fact that the software employed by the Red Sox is based on the Lotus Domino platform. Who'd have thought that? Baseline also has related articles on the use of HCM software in Basketball, Football [PDF], and Hockey [PDF].

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