Human Capital Management: A Comprehensive Approach to Augment Organizational Performance

Contemporary business firms across the globe are facing the most pressing challenges directly related to human capital management thanks to ever changing characteristics of the environment: enhanced globalization, evolving demographics, the need for more competencies and motivation. Highly demanding business environment makes it imperative for the organizations to build competence in the form of superior intellectual capital for higher level of performance. Hence Human Capital Management has assumed significance in recent times. This paper unfolds the facets of Human Capital Management and builds a case for integrated talent management model to nurture the employees in a holistic manner.